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The Nazi agitator whom, many years ago, I heard proclaim to a wildly cheering peasants’ meeting: ‘We don’t want lower bread prices, we don’t want higher bread prices, we don’t want unchanged bread prices—we want National-Socialist bread prices,’ came nearer explaining fascism than anybody I have heard since.

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Who is the fascist? Individualism and the political philosophy of limited government is not only inconsistent with but is the exact opposite of fascism and Nazism. Under Fascism fascism and Nazism, the state reigns supreme with absolute power over everyone and all forms of property. It can well be asked: who is the fascist, when the president of the United States and many Democrats and Republicans in congress call for expanded authority for the FBI and other federal security agencies to intrude into the lives of the American citizenry? Who is the fascist, when the call is made for increased power for the FBI to undertake ‘roving wiretapping’ or have easier access to the telephone and credit-card records of the general population? Who is the fascist, when the proposal is made to make it easier for the FBI to investigate and infiltrate any political organization or association because the government views it as a potential terrorist danger?

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Others, like Israeli historian and political scientist Zeev Sternhell, viewed fascism in its early years as ‘an anti-Marxist form of socialism,’ and compared fascism’s origins to revolutionary far-left French movements, creating a branch that he referred to as the ‘revolutionary right.’ Considered one of the world's leading experts on Fascism, Sternhell contended that the essence of fascism represented ‘a synthesis of organic nationalism with the antimaterialist revision of Marxism.’

At an early meeting of a political group that eventually turned into the Nazi Party, Hitler told Friedrich Krohn, an early supporter of the party, that he preferred a type of ‘socialism’ he referred to as ‘national Social Democracy’ that was not dissimilar to nations like Scandinavia, England, and prewar Bavaria.

Gentile also perceived fascism emerging out of revolutionary struggle, what the media today terms ‘protest’ or ‘activism.’ Unlike Marx, he conceived the struggle not between the working class and the capitalists, but between the selfish individual trying to live for himself and the fully actualized individual who willingly puts himself at the behest of society and the state. Gentile seems to be the unacknowledged ancestor of the street activism of Antifa and other leftist groups. ‘One of the major virtues of fascism,’ he writes, ‘is that it obliged those who watched from their windows to come down into the street.’

Otto Strasser’s socialism was much more durable and much more carefully thought out. No doubt Marx would have called him a petit-bourgeois socialist. In his best-known publication on his program he spoke of a Reich corporative chamber and the guilds, of hereditary fiefs and the reagrarianization of Germany. Strasser called for autarky and domestic currency, the war of revolution against Versailles, and a military aristocracy. But there was more than mere demagogy in his demands for splitting up of large estates, for profit participation, for a people’s state of Germanic democracy. On the whole it was a genuinely socialist program, at least to the extent to which it was imbued with the emotional appeal of the expansion and attainment of freedom.

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There is a difference between a fifth columnist working in America for Hitler, Mussolini, or Stalin , and an American who would give his life for his country but would also like to see its social and economic life changed in the direction of the fascist pattern. You will get no such American to admit that what he believes in is fascism. He has other and more agreeable names for it. He would be provoked to knock you down if you called him a fascist. That is because he does not know what fascism is and makes the mistake of supposing that a fascist is one who is on the side of the Führer or the Duce. Dollfuss was a fascist and so was Schuschnigg, but neither of them was noticeably on the side of Hitler and one was assassinated and the other seized and imprisoned by Hitler.

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Fascism, at any rate the German version, is a form of capitalism that borrows from Socialism just such features as will make it efficient for war purposes. Internally, Germany has a good deal in common with a Socialist state. Ownership has never been abolished, there are still capitalists and workers, and — this is the important point, and the real reason why rich men all over the world tend to sympathize with Fascism — generally speaking the same people are capitalists and the same people workers as before the Nazi revolution. But at the same time the State, which is simply the Nazi Party, is in control of everything. It controls investment, raw materials, rates of interest, working hours, wages. The factory owner still owns his factory, but he is for practical purposes reduced to the status of a manager. Everyone is in effect a State employee, though the salaries vary very greatly. The mere efficiency of such a system, the elimination of waste and obstruction, is obvious. In seven years it has built up the most powerful war machine the world has ever seen. But the idea underlying Fascism is irreconcilably different from that which underlies Socialism. Socialism aims, ultimately, at a world-state of free and equal human beings. It takes the equality of human rights for granted. Nazism assumes just the opposite. The driving force behind the Nazi movement is the belief in human inequality, the superiority of Germans to all other races, the right of Germany to rule the world. Outside the German Reich it does not recognize any obligations.

When one remembers that the word "Nazi" was an abbreviation for "der Nationalsozialistische Deutsche Arbeiters Partei" — in English translation: the National Socialist German Workers' Party — Mises's identification might not appear all that noteworthy. For what should one expect the economic system of a country ruled by a party with "socialist" in its name to be but socialism?

When one thinks of all the people who support or have supported Fascism, one stands amazed at their diversity. What a crew! Think of a programme which at any rate for a while could bring Hitler, Petain, Montagu Norman, Pavelitch, William Randolph Hearst, Streicher, Buchman, Ezra Pound, Juan March, Cocteau, Thyssen, Father Coughlin, the Mufti of Jerusalem, Arnold Lunn, Antonescu, Spengler, Beverley Nichols, Lady Houston, and Marinetti all into the same boat! But the clue is really very simple. They are all people with something to lose, or people who long for a hierarchical society and dread the prospect of a world of free and equal human beings. Behind all the ballyhoo that is talked about ‘godless’ Russia and the ‘materialism’ of the working class lies the simple intention of those with money or privileges to cling to them. Ditto, though it contains a partial truth, with all the talk about the worthlessness of social reconstruction not accompanied by a ‘change of heart’. The pious ones, from the Pope to the yogis of California, are great on the’ change of heart’, much more reassuring from their point of view than a change in the economic system.

Hitler said: ‘We shall banish want. We shall banish fear. The essence of National Socialism is human welfare. There must be cheap Volkswagen for workers to ride in, broad Reich Autobahns for the Volkswagen. National Socialism is the Revolution of the Common Man. Rooted in a fuller life for every German from childhood to old age, National Socialism means a new day of abundance at home and a Better World Order abroad.’

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