Lone Wanderer
Gold Member
- Sep 4, 2023
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True. And Salazar, for example, referred to his system as corporatism. The Estado Novo was very similar to fascism and operated as you described.Actually corporatism is the technical name for the economic system. Indeed many countries have corporatist systems, to a greater or lesser degree. However it's not simply government and business working hand in hand. What happens is that labor and capital are organized into entities called corporations (these have nothing to do with what we would think of as corporations). Essentially all workers are unionized so these unions and the capitalists come to agreements about wages, labor conditions, etc. The government only steps in to adjudicate disputes when labor and capital can't come to an agreement. It's essentially a privatization of the regulatory state.
Either way, one of the reasons I'm against fascism is because it results in a lot of corruption. I'm not saying capitalism is free of corruption either, and socialism probably has more corruption than both of these. Communism definitely does.