I tend to agree with you Cheerio (although I don't know how much blame I'm willing to place on EVERYONE on Wall Street, businesses do need investors) except for the fascism=crony capitalism part. Any socialist state where the government controls the businesses,through back channels, could be described as cronyism because even in socialist states the corporations are often still "owned" by the powerful/elite players who are getting favors from those serving in an official capacity.

Fascism is simply socialism with some "ra ra state, we're better than everyone" thrown in, thus the NAZI party, national socialist party. And let's be realistic, what socialist nation doesn't say that it is better than all other nations? I don't know exactly how the fascists got linked to the political right, but all the evidence points to the other side. Eugenics - Left, Socialism - Left, State run media - Left, Giant government with nearly/or complete control - Left...

Communism - a system of social organization in which all economic and social activity is controlled by a totalitarian state dominated by a single and self-perpetuating political party.

Fascism - a governmental system led by a dictator having complete power, forcibly suppressing opposition and criticism, regimenting all industry, commerce, etc., and emphasizing an aggressive nationalism and often racism.

The difference here (which is deplorable) is that the dictionary attempts to make communism sound soft and cuddly by leaving out the dictator bit and calling it a "system of social organization"...

Any student of history can tell you that soviet Russia, North Korea, China, etc all operate just like the definition of fascism.

And since I brought it up, everyone wants us to believe that China is all soft and cuddly now because they are moving from communism to "state capitalism." What in the holy flying hell is the difference?

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