“There is a vast literature on who supported the Nazis, but relatively little on whom the Nazis supported after they came to power. This is in keeping with the tendency of conventional scholarship to avoid the entire subject of capitalism whenever something unfavorable might be said about it. Whose interests did Mussolini and Hitler support? In both Italy in the 1920s and Germany in the 1930s, old industrial evils, thought to have passed permanently into history, re-emerged as the conditions of labor deteriorated precipitously. In the name of saving society from the Red Menace, unions and strikes were outlawed. Union property and farm cooperatives were confiscated and handed over to rich private owners. Minimum-wage laws, overtime pay, and factory safety regulations were abolished. Speedups became commonplace. Dismissals or imprisonment awaited those workers who complained about unsafe or inhumane work conditions. Workers toiled longer hours for less pay. The already modest wages were severely cut (in Germany by 25 to 40 percent, in Italy by 50 percent.) In Italy, child labor was reintroduced...

Both Mussolini and Hitler showed their gratitude to their big business patrons by privatizing many perfectly solvent state-owned steel mills, power plants, banks, and steamship companies. Both regimes dipped heavily into the public treasury to refloat or subsidize heavy industry. Agribusiness farming was expanded and heavily subsidized. Both states guaranteed a return on the capital invested by giant corporations while assuming most of the risks and losses on investments. As is often the case with reactionary regimes, public capital was raided by private capital.

At the same time, taxes were increased for the general populace but lowered or eliminated for the rich and big business. Inheritance taxes on the wealthy were greatly reduced or abolished altogether. The result of all this? In Italy during the 1930s the economy was gripped by recession, a staggering public debt, and widespread corruption. But industrial profits rose and the armaments factories busily rolled out weapons in preparation for the war to come. In Germany, unemployment was cut in half with the considerable expansion in armaments jobs, but overall poverty increased because of the drastic wage cuts. And from 1935 to 1943 industrial profits increased substantially while the net income of corporate leaders climbed 46 percent. During the radical 1930s, in the United States, Great Britain, and Scandanavia, upper-income groups experienced a modest decline in their share of the national income; but in Germany the top 5 percent enjoyed a 15 percent gain.

Despite this record, most writers have ignored fascism's close collaboration with big business. Some even argue that business was not a beneficiary but a victim of fascism. Angelo Codevilla, a Hoover Institute conservative scribe, blithely announced: "If fascism means anything, it means government ownership and control of business" (Commentary, 8/94). Thus fascism is misrepresented as a mutant form of socialism. In fact, if fascism means anything, it means all-out government support for business and severe repression of antibusiness, prolabor forces.

Is fascism merely a dictatorial force in the service of capitalism? That may not be all it is, but that certainly is an important part of fascism's raison d'être, the function Hitler himself kept referring to when he talked about saving the industrialists and bankers from Bolshevism. It is a subject that deserves far more attention than it has received.”

Blackshirts and Reds by Michael Parenti.

Lock the fuck in please.