by Phillip D. Collins ©, July 11th, 2008
Benito Mussolini said, “Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.”
This model of economic fascism was adopted by Germany and Italy in the 1930s. And, I submit to you that such a marriage between the state and corporate power has taken place here in the United States.
Does this sound like a baseless contention? Allow me to substantiate it with history.
A form of Corporatism began to infect our constitutional republic in the 1930s. It propagated itself under the euphemistic appellation of “planned capitalism” and was hailed as a desirable inevitability. In 1936, Lawrence Dennis published The Coming American Fascism, a polemic contending that America’s adoption of stringent public regulation and the enshrinement of corporate power would invigorate “national spirit.” However, Dennis believed that economic fascism had a major obstacle to overcome.
Dennis wrote, “It cannot be repeated too often that what prevents adequate public regulation is liberal norms of law or constitutional guarantees of private rights.”
Dennis proffered a chronocentric portrait of America’s traditional republican model of government, caricaturing it as an outmoded “18th-century Americanism” that would eventually be supplanted by “enterprises of public welfare and social control” (i.e., economic fascism).