Let me sum up, "Embrace your new fascist overlords."
Economic fascism is the Third Way between free markets and government ownership of the means of production. Fascist economics is the "public-private partnership", where nominal private ownership is maintained, but the government tells producers what to produce, how to produce it and what the selling price will be. That makes fascism slightly more efficient than socialism/communism, but over the long term the difference is irrelevant.
I have a long memory, I remember when Indra Nooyi compared America to the middle finger:
"At yesterday's recognition ceremony for newly minted Columbia Business School MBAs, we had the president/CFO of PepsiCo as our distinguished guest speaker. After beginning her speech with words of praise and recognition for the graduates and their families, Ms. Indra Nooyi began to make the political statement du jour. After talking of her childhood back in India, Ms. Nooyi began to compare the world and its five major continents (excl. Antarctica and Australia) to the human hand.
First was Africa - the pinky finger - small and somewhat insignificant but when hurt, the entire hand hurt with it. Next was Asia - the thumb - strong and powerful, yearning to become a bigger player on the world stage. Third was Europe - the index finger - pointing the way. Fourth was South America - the ring finger - the finger which symbolizes love and sensualness.
Finally, the US (not Canada mind you) - yes, you guessed it - the middle finger.
She then launched into a diatribe about how the US is seen as the middle finger to the rest of the world. The rest of the world sees us as an overbearing, insensitive and disrespectful nation that gives the middle finger to the rest of the world. According to Ms. Nooyi, we cause the other finger nations to cower under our presence. But it is our responsibility, she continues, to change the current state of world opinion of the US. It is our responsibility to make the other fingers rise in unison with us as we move forward.
She then goes on to give a personal anecdote about some disrespectful US business women in an Asian country and how that is typical of Americans overseas. No talk of what the US has done for the world throughout its history. No discussion about the ills that have been cured and the rights that have been wronged by the US. Just how wrong we are for the way we are perceived and how right they are in their own perceptions of the United States."
I found this at the Powerline archives. And I'm so glad Indra Nooyi is celebrated by the media as one of the most influential women in the world. An America-hating, economist fascist, just what we need more of. Putzes.
Exactly.