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  • davel [he/him]@lemmy.ml
    ·
    25 days ago

    Fascism doesn’t just appear out of nowhere, like some virulent meme. Fascism is what the capitalist class falls back on when liberal democracy starts to fail them. Fascism is when the capitalist class goes mask off. That’s what Lenin meant by “fascism is capitalism in decay.”

    The neoliberalism that was baked into the Eurozone from its inception made this fascist turn almost inevitable. Michael Hudson: Financial Predators v. Labor, Industry and Democracy

    The Eurozone lacks a central bank to do what most central banks are supposed to do: finance government deficits. To make matters worse, the Lisbon Agreement limits these deficits to 3% – too small to pull economies out of depression by offsetting private-sector debt deflation.

  • Alsephina@lemmy.ml
    ·
    25 days ago
    Capitalism to fascism in a nutshell

    > be a capitalist state
    ⠀
    > capitalist ruling class cuts public funding, lowers wages to increase profits for themselves
    ⠀
    > resulting lower living conditions makes working class organize to overthrow capitalist rule
    ⠀
    > ruling capitalist class crushes the leftist movements because they harm capitalists
    ⠀
    > some capitalists blame already marginalized people for the problems to scapegoat them and shift the blame
    ⠀
    > fascists rally people around this idea and make up myths about the country being great before these marginalized people got involved
    ⠀
    > fascists are voted into power since socialist movements have been crushed, and not stopped by the ruling capitalist class because capitalists are not harmed

    > country is now a fascist state

  • Arcturus@lemmy.dbzer0.com
    ·
    25 days ago

    At the rate it's going, what's going to realistically stop fascism in europe again? There isn't a socialist force to counter it like the USSR did last time, and we have yet to see a socialist revolution succeed in a place where capitalism has firmly taken root.

    If anything, the neoliberal rot in former USSR since its overthrow seems to have put Russia in its own path to fascism. At least its interests are still aligned with the Global South I guess...