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The Return of Fascism in Contemporary Capitalism

It is not by chance that the very title of this contribution links the return of fascism on the political scene with the crisis of contemporary capitalism. Fascism is not synonymous with an authoritarian police regime that rejects the uncertainties of parliamentary electoral democracy. Fascism is a particular political response to the challenges with which the management of capitalist society may be confronted in specific circumstances.

Unity and Diversity of Fascism

Political movements that can rightly be called fascist were in the forefront and exercised power in a number of European countries, particularly during the 1930s up to 1945. These included Italy’s Benito Mussolini, Germany’s Adolf Hitler, Spain’s Francisco Franco, Portugal’s António de Oliveira Salazar, France’s Philippe Pétain, Hungary’s Miklós Horthy, Romania’s Ion Antonescu, and Croatia’s Ante Pavelic. The diversity of societies that were the victims of fascism—both major developed capitalist societies and minor dominated capitalist societies, some connected with a victorious war, others the product of defeat—should prevent us from lumping them all together. I shall thus specify the different effects that this diversity of structures and conjunctures produced in these societies.

Yet, beyond this diversity, all these fascist regimes had two characteristics in common:

(1) In the circumstances, they were all willing to manage the government and society in such a way as not to call the fundamental principles of capitalism into question, specifically private capitalist property, including that of modern monopoly capitalism. That is why I call these different forms of fascism particular ways of managing capitalism and not political forms that challenge the latter’s legitimacy, even if “capitalism” or “plutocracies” were subject to long diatribes in the rhetoric of fascist speeches. The lie that hides the true nature of these speeches appears as soon as one examines the “alternative” proposed by these various forms of fascism, which are always silent concerning the main point—private capitalist property. It remains the case that the fascist choice is not the only response to the challenges confronting the political management of a capitalist society. It is only in certain conjunctures of violent and deep crisis that the fascist solution appears to be the best one for dominant capital, or sometimes even the only possible one. The analysis must, then, focus on these crises.

(2) The fascist choice for managing a capitalist society in crisis is always based—by definition even—on the categorical rejection of “democracy.” Fascism always replaces the general principles on which the theories and practices of modern democracies are based—recognition of a diversity of opinions, recourse to electoral procedures to determine a majority, guarantee of the rights of the minority, etc.—with the opposed values of submission to the requirements of collective discipline and the authority of the supreme leader and his main agents. This reversal of values is then always accompanied by a return of backward-looking ideas, which are able to provide an apparent legitimacy to the procedures of submission that are implemented. The proclamation of the supposed necessity of returning to the (“medieval”) past, of submitting to the state religion or to some supposed characteristic of the “race” or the (ethnic) “nation” make up the panoply of ideological discourses deployed by the fascist powers.

The diverse forms of fascism found in modern European history share these two characteristics and fall into one of the following four categories:

(1) The fascism of the major “developed” capitalist powers that aspired to become dominant hegemonic powers in the world, or at least in the regional, capitalist system.

Nazism is the model of this type of fascism. Germany became a major industrial power beginning in the 1870s and a competitor of the hegemonic powers of the era (Great Britain and, secondarily, France) and of the country that aspired to become hegemonic (the United States). After the 1918 defeat, it had to deal with the consequences of its failure to achieve its hegemonic aspirations. Hitler clearly formulated his plan: to establish over Europe, including Russia and maybe beyond, the hegemonic domination of “Germany,” i.e., the capitalism of the monopolies that had supported the rise of Nazism. He was disposed to accept a compromise with his major opponents: Europe and Russia would be given to him, China to Japan, the rest of Asia and Africa to Great Britain, and the Americas to the United States. His error was in thinking that such a compromise was possible: Great Britain and the United States did not accept it, while Japan, in contrast, supported it.

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via The Return of Fascism in Contemporary Capitalism – Samir Amin | Monthly Review.