this post was submitted on 29 Aug 2023
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There is nationalization, and there is nationalization.
Mussolini/Gentile stated that the goal of fascism was the merger of the state with the corporation, eg their economic theory of corporatism.
Or, to put it another way, "Everything in the State, nothing outside the State, nothing against the State."
The Soviet Union's obsession with nationalization as the means of socialism was one of the many reasons other leftist thinkers coined the term "red fascism" to describe them.
What, after all, is the functional difference between a state taking 70% of your productivity and a capitalist splitting that 70% with a statist?
(Well, hopefully it's infrastructure and social benefits, including a army strong enough to defend yourself from all the real fascists, but power and weak oversight corrupts)
Very helpful!