Morals & Markets Presents: Fascism: What it Is, When it Ruled, Whether it's Back

Join Atlas Society Senior Scholar Richard Salsman, Ph.D., Tuesday, November 19 @ 5 PM PT / 8 PM ET for our quarterly Morals & Markets webinar. This month, Dr. Salsman examines the nature of capitalism, socialism, and fascism, and discusses how historical patterns offer insight into today's ideological trends and the potential risks for liberty.

"Capitalism is a liberal system of private ownership and private control of property, while socialism is a despotic system of public (state) ownership and public control of property, but fascism is a hybrid: private ownership but state control of property. To best attain direct and effective control, fascism privileges big business and as such, is also called “corporatism.” Fascism ruled most during the 1920s and 1930s, the major examples being Mussolini in Italy, Franco in Spain, Hitler in Germany, the Tōhōkai party in Japan, and FDR in the U.S. Depending on the country and period, fascism also entails populism, militarism, xenophobia, and racism. The fact that the collapse of socialism in the 1990s wasn’t followed by a widely accepted moral case for capitalism left room for a revival and spread of fascism, roughly a century after it first ruled. Since Nazism is a contraction of nationalism and socialism, liberty-loving Americans should worry that nationalism is endorsed by many Republicans while socialism is endorsed by many Democrats. If these elements continue to grow and coalesce, evil will surely ensue."

For additional information and in preparation for the event, please review the ABSTRACT which includes links to recommended reading.

Those interested in attending should register HERE. Can’t join us live? Check out the Morals & Markets podcast.