state spending, public spending of some kind, what's called "Keynesian stimulation." And that did finally get countries out of the Depression. In the Fascist countries, it worked very well-they got out pretty fast. And in fact, every country became sort of fascist; again, "fascism" doesn't mean gas chambers, it means a special form of economic arrangement with state coordination of unions and corporations and a big role for big business. And this point about everyone being fascist was made by mainstream Veblenite-type economists [i.e. after the American economist Veblen] right at the time, actually-they said, everybody's fascist, the only question is what form the fascism takes: it takes different forms depending on the country's cultural patterns.http://brinesalt.posterous.com/understanding-power-18
No comments:
Post a Comment