The German National Socialist government might be described as military Keynesianism and did not practice inflation for its own sake as Neo-Keynesians do. Italian corporatavism was largely imaginary. The economy under Mussolini differed little from the previous interventionist Italian liberal monarchy.
As usual, one can learn a lot from listening to Raico. It's hard to distinguish modern America from the two characteristics of fascism he noted near the end, namely, intense militarism, and the so-called "third way," whereby private property is respected in form but decimated by the state in substance.
The German National Socialist government might be described as military Keynesianism and did not practice inflation for its own sake as Neo-Keynesians do.
ReplyDeleteItalian corporatavism was largely imaginary. The economy under Mussolini differed little from the previous interventionist Italian liberal monarchy.
As usual, one can learn a lot from listening to Raico. It's hard to distinguish modern America from the two characteristics of fascism he noted near the end, namely, intense militarism, and the so-called "third way," whereby private property is respected in form but decimated by the state in substance.
ReplyDelete