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  • State Capitalism: Ideology Now Bonds Russia, U.S. [View article]
    CLH,
    Are you saying that the Bush administration and Wall Street are colluding to make Obama the owner of all industry? That's pretty wild.

    You're right though about the similarity between communism and fascism. I would suspect the American version of authoritarianism would incorporate more features from fascism, probably justified and legitimized by religion.

    Lex Luz,
    You're also right about the difference between socialism and either of the above models. The government runs healthcare, utilities, energy, and other industries in a number of dynamic democracies. Here in the U.S, the government runs the defense, police, highways, education, firefighting, and now banking industries. Let's hope that Obama is smart enough to sell the government's banking stakes as soon as prices return to normal. That possible profit might be the only chance we have at maintaining solvency.
    Oct 15 16:44 pm |Rating: 0 0
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