AspE wrote:
Which is why there are no rich Fins? You can have a mix of private enterprise and a progressive tax which lessens the very real danger to Democracy of concentrated wealth. European Democratic Socialist nations don't eliminate capitalism.
I just replied to you in the other thread, but I can add more here along the same vein. Read this excerpt about a fascist economy:
Fascism is based on free enterprise – but with constraints (the primary constraint being, “Is the particular economic activity in question good for our nation/people?”). Also, a businessman can become wealthy in a Fascist country, and the government has no objection to this (this is in stark contrast to Communism). Fascism also encourages private ownership of property (again, in stark contrast to Communism where private property is not allowed).
In a nutshell, Fascism basically tells entrepreneurs, “Go ahead and start a business, earn a lot of money, be successful, but don’t produce any products or services which damage our nation and our nation’s people… and make sure you treat your workers fair and pay them a living wage. If you don’t follow these rules, we’ll shut you down.”
With regard to banking, usury is not allowed under Fascism. The government tightly controls all aspects of monetary policy, including terms of lending. The government issues/prints money and lends it interest free, as needed, to grow the economy and ultimately serve the citizens.A few tweaks, a few different methods to achieve the same goal (make the economy work for the people), a different "us", a different "them" and the Scandinavian paragon socialist economies are technically fascist. Different sides of the same coin AspE.
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