As have been indicated, many Fascist theoreticians, throughout their active political lives, acknowledged the affinities between Fascism and Marxist-… - A. James Gregor

By the time Spirito delivered his communications at the Convention of 1932, these sentiments had united with neo-idealist totalitarian aspirations. The result was variously identified as ‘Fascist communism,’ Fascist Bolshevism’ or ‘Fascist socialism.’

In 1934, Mussolini reiterated that capitalism, as an economic system, was no longer viable. Fascist economy was to be based not on individual profit but on collective interest.

It was only in November, 1933, that Mussolini became convinced that the crisis that had beset capitalism for four years was not a crisis within the system, but a crisis of the system. It was on this occasion that he spoke of ‘the complete organic and totalitarian regulation of production’ a ‘regulated’ and ‘controlled; economy—a ‘burial’ of capitalism.