What Is Fascism?

04/26/2008 John T. Flynn

John T. Flynn writes that it is government system that accepts responsibility to make the economic system work at full energy, using the device of state-created purchasing power effected by means of government borrowing and spending, and which organizes the economic life of the people into industrial and professional groups to subject the system to control under the supervision of the state.

This audio Mises Daily is narrated by Floy Lilley.

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.