Robert Higgs: Astute Socialists Opt for Participatory Fascism in Practice

by | Aug 27, 2018

Robert Higgs: Astute Socialists Opt for Participatory Fascism in Practice

by | Aug 27, 2018

From the Independent Institute:

“Astute socialists (if that’s not an oxymoron) opt for participatory fascism, not outright socialism, in practice. They know that outright socialism—the nationalization and central control of all the major means of production—is a ruinous system. By opting for participatory fascism, they can get the bulk of what they seek, by means of pervasive regulation, heavy taxation, and floods of government spending, while allowing the fettered capitalists enough room for maneuver that they keep the economy from going straight to hell. Moreover, when anything goes wrong—and it will—they can blame the problem on capitalism, the fraudulently so-called free-market economy that remains in hobbled operation.”

Scott Horton

Scott Horton

Scott Horton is director of the Libertarian Institute, editorial director of Antiwar.com and host of the Scott Horton Show from ScottHorton.org. He is the author of four books. He has conducted more than 6,000 interviews since 2003. Scott lives in Austin, Texas with his wife, Larisa Alexandrovna Horton.

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