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Communist - Fascist - Socialist
Armstrong Economics ^ | 4-4-16 | Martin Armstrong

Posted on 04/09/2016 3:52:28 PM PDT by aMorePerfectUnion

Blog/Basic Concepts Posted Apr 4, 2016 by Martin Armstrong

Communism-Socialism

I have been asked to explain the differences between socialism, fascism, and communism for some people seem to mix them all up.

A “socialist” is akin to a fascist for their governments seeks to dictate control. They do not pretend to own private property.

Communists seize all private property and place it in the hands of the state. There is no freedom whatsoever.

Fascists view the world as a military state and see a liberal democracy as totally obsolete. In this context, they see the goal as the total mobilization of society, and as such, the state becomes a dictator.

This is closer to socialists who view private property as subject to the permission of the state and as a national resource to redistribute to those who do not earn what they receive.

Under socialism, the state assumes the capability to manage the economy, but if they do not understand how it functions, they are incapable of managing the outcome.

So socialists and fascists have a lot in common whereas communism just robs everyone and deprives the individual of the freedom to even choose their own career path.


TOPICS: Business/Economy; History; Miscellaneous
KEYWORDS: communist; fascist; socialist
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To: aMorePerfectUnion

Bump.


21 posted on 04/09/2016 6:44:23 PM PDT by RushIsMyTeddyBear (Trump it is.)
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To: donna

Oooooo, you’re good!


22 posted on 04/09/2016 6:58:18 PM PDT by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: aMorePerfectUnion

My impression:

Fascism (named after a bundle of rods, symbolic of military groups bound together) was statism not only as regarding means of production, but militarized civilians under state control.

Communism was less overtly militaristic, seeks to replace nationalism with “party” (making it more international).

Socialism is a softer version, in that the populace is convinced to vote itself into state control.


23 posted on 04/09/2016 7:03:05 PM PDT by P.O.E. (Pray for America)
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To: fruser1
The Economic definition of Fascism:

The economic system in a Fascist state (i.e.: Mussolini's Italy) is called ‘Corporatism’. It basically means an economy wherein the state and the corporations are symbiotic. Its foundational theory came from the - at first - non-Marxist socialist/syndicalist philosopher - and then later on - integral nationalist-socialist and proto-fascist Georges Sorel. One of the most despicable, abhorrent left-wing ideologues ever to venture forth from history's stinking sewers. And as you all know, he was up against some pretty stiff competition in that specific arena...

24 posted on 04/09/2016 7:27:53 PM PDT by Conservative Fleming (Conservative Fleming)
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To: aMorePerfectUnion

WAY too good to not have available in text format...

VENTURE CAPITALISM

You have two cows.

You sell three of them to your publicly listed company, using letters of credit opened by your brother-in-law at the bank and then execute a debt/equity swap with an associated general offer so that you get all four cows back, with a tax exemption for five cows.

The milk rights of the six cows are transferred via an intermediary to a Cayman Island Company secretly owned by the majority shareholder who sells the rights to all seven cows back to your listed company.

The annual report says the company owns eight cows, with an option for one more.

.


25 posted on 04/09/2016 7:48:13 PM PDT by TLI ( ITINERIS IMPENDEO VALHALLA)
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To: NFHale

The goal of Socialism is Communism.


26 posted on 04/09/2016 8:03:59 PM PDT by Little Ray (How did I end up in this hand basket, and why is it getting so hot?)
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To: carriage_hill

I like your version.


27 posted on 04/09/2016 10:51:28 PM PDT by Rusty0604
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To: aMorePerfectUnion
Communist - Fascist - Socialist

I grew weary of listening to opinions about what defined these forms of government control. To that end, my position simply defines what I consider an acceptable form of governance.

An acceptable form of government for a free people who wish to remain free is a government whose first priority is to protect property.

Any other form of governance is unacceptable regardless of the definition or the name associated with it. If protecting property is not its most important function then I want nothing to do with it.

28 posted on 04/10/2016 11:23:46 AM PDT by MosesKnows (Love Many, Trust Few, and Always Paddle Your Own Canoe)
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