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Old 06-15-2007
Ambiguous Ambiguous is offline
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Member Since: Jun 2007
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Re: Economic theory and politics.

Quote:
Originally Posted by iTaliAN_ICe View Post
True. Economic systems in their "pure" forms would be utterly ineffective... a completely free market or full-fledged communism. I assume by fascist you're referring to some kind of strictly-regimented command economy.
I look at a fascist economy as one where the capital is privately owned but state directed. There are many degrees of freedom that can be controlled within this sphere, as economics encompasses the production, distribution and consumption of goods. The state can have varying degrees of control over these many avenues.

For instance, I view environmental regulations as fascist because they are an example of the state dictating how a private company can use its capital. It may be a case where the state offers a range of limits. But there are cases where a company is forced to follow specific guidelines in order to operate.
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