Lex Luz

State Capitalism: Ideology Now Bonds Russia, U.S.

Eagle, I'd argue that it's not socialism and it's emphatically not Marxism (have you read Marx?). Benito Mussolini said it best (and I'm paraphrasing) - fascism should really be called "corporatism" because it is the combination of state and corporate power.

The only reason to indulge in this kind of quibble is this: Norway is a Socialist state; Sweden is a Socialist state. They've traded some possible economic growth for a societal model in which people's needs (as defined in those countries) come first. Under the United States' model of fascism, we put corporate power first on the assumption that supporting economic growth will allow more people sufficient wealth to meet their needs and their comforts.

Say what you will about these tradeoffs, but to call the new politico-economic regime in the United States "Socialism" is a distortion. We live under a fascist regime and we will very soon see its other, uglier manifestations - for example, arresting and holding people without charge. Oh, wait...