Capitalism is an Economic structure, Fascism is a Political ideology. Fascism does not benefit a Capitalist because it imposes heavy regulation on the free market to benefit themselves which is anti Capitalist.
They’re talking about capitalism in practice. In practice, economic policy is shaped less by ideology and more by they relative power of economic classes. When the rich have power, they get policies that favor themselves enacted, and vice versa. It’s only in theory that capitalism is about “free markets,” in practice, the rich support free markets if they alternative is something that’s more harmful to themselves (like taxes and nationalization) and oppose them when the alternative is beneficial to themselves (subsidies).
“Free market capitalism” is a purely theoretical idea that has never existed, and will never exist, because someone’s always going to have enough power to get the government to intervene in the economy to promote their own interests. Generally, left-wing people talking about capitalism mean capitalism in practice, not the theoretical idea.
Hitler came to power with the support of capitalists (here meaning “people who own substantial capital” rather than “ideological supporters of capitalism”). They saw him as a way to maintain order against socialism and to break the power of unions. A similar story happened in Italy, and in other fascist countries.
Many capitalists did in fact benefit from fascism. There’s some confusion about fascist economic policies, but you should know that the term “privatization” was first coined to describe the economic policy of Nazi Germany. When they nationalized companies, it was because they were minority owned, and often they were redistributed upwards to the capitalists.
Labor rights suffered tremendously under fascism, with labor organizations exterminated, allowing capitalists to impose much worse conditions, lower pay, and longer hours on the workers, as well as using prisoners for slave labor. Any attempt to challenge these conditions would be considered treasonous, undermining the war effort.
Even when their countries were defeated militarily, many capitalists got off scot-free. For example, the pharmaceutical company Bayer (which merged with Monsanto in 2016) was once a part of IG Farben, which manufactured Zyklon B for the gas chambers. After the war, Bayer rehired Nazis to high level positions, including for example Fritz ter Meer, who had been on IG Farben’s board of directors and became chairman of Bayer, despite being a convicted Nazi war criminal.
You’re right, it’s also about the capitalists who put them in power.
Capitalists don’t really benefit under Fascism, so I don’t see why a true Capitalist would support a fascist and help them gain power.
Not only do capitalists benefit from fascism, as history has consistently shown, but fascism is the end result of capitalism.
Capitalism is an Economic structure, Fascism is a Political ideology. Fascism does not benefit a Capitalist because it imposes heavy regulation on the free market to benefit themselves which is anti Capitalist.
Who on earth told you the free market had anything to do with capitalism? LOL.
Thank you for demonstrating your lack of good faith early.
Sure buddy.
Feel free to explain how this is a good faith comment.
They’re talking about capitalism in practice. In practice, economic policy is shaped less by ideology and more by they relative power of economic classes. When the rich have power, they get policies that favor themselves enacted, and vice versa. It’s only in theory that capitalism is about “free markets,” in practice, the rich support free markets if they alternative is something that’s more harmful to themselves (like taxes and nationalization) and oppose them when the alternative is beneficial to themselves (subsidies).
“Free market capitalism” is a purely theoretical idea that has never existed, and will never exist, because someone’s always going to have enough power to get the government to intervene in the economy to promote their own interests. Generally, left-wing people talking about capitalism mean capitalism in practice, not the theoretical idea.
Historically, you’re completely wrong.
Hitler came to power with the support of capitalists (here meaning “people who own substantial capital” rather than “ideological supporters of capitalism”). They saw him as a way to maintain order against socialism and to break the power of unions. A similar story happened in Italy, and in other fascist countries.
Many capitalists did in fact benefit from fascism. There’s some confusion about fascist economic policies, but you should know that the term “privatization” was first coined to describe the economic policy of Nazi Germany. When they nationalized companies, it was because they were minority owned, and often they were redistributed upwards to the capitalists.
Labor rights suffered tremendously under fascism, with labor organizations exterminated, allowing capitalists to impose much worse conditions, lower pay, and longer hours on the workers, as well as using prisoners for slave labor. Any attempt to challenge these conditions would be considered treasonous, undermining the war effort.
Even when their countries were defeated militarily, many capitalists got off scot-free. For example, the pharmaceutical company Bayer (which merged with Monsanto in 2016) was once a part of IG Farben, which manufactured Zyklon B for the gas chambers. After the war, Bayer rehired Nazis to high level positions, including for example Fritz ter Meer, who had been on IG Farben’s board of directors and became chairman of Bayer, despite being a convicted Nazi war criminal.