not TOO long :)
One of the main points that needs to be understand in regards to economic fascism is that it emphasized a ‘third way’ in relation to socialism and capitalism.
Whereas the socialist endorsed complete government or collective ownership and control of economic activity, and the capitalist in contrast endorsed complete private or individual ownership and control of economic activity, the fascist endorsed a ‘third way’ whereas either method could be used as long as economic activity served the state.
The main ideological principle of fascism is for all activity (private sector or public sector) to serve the state.
That is why the symbol of the fasces is branches intertwined. The private sector and the public sector intertwined. All areas of life to serve the state. In practice fascism would have all business entities intertwined with government whereas instead of simply operating on free market principles, each business would operate by a combination of political principles (or agendas) and free market principles both.
This is what we have for the most part in the United States today. The housing market and the banking markets have not been operating on simply free market principles but have been heavily intertwined with political agendas. This is the same ideology that the progressive movement wants to bring to all industry under the banner of the greenie movement as well. All companies must intertwine the greenie political agenda with their free market strategies according to the plan that they set forth. The progressive movement seeks to do the same with healthcare (intertwine their political agendas and the free market) The progressive movement goal is to try to get everyone marching lockstep in every aspect of life.
The progressive movement is a fascist movement. Jonah Goldberg’s book “Liberal Fascism” is a great book and helps expose a lot of this.
Saving this, and coming back to it for reference.