01/14/14

Permalink The Fascist Origin and Essence of Privatization

Preface by Washington’s Blog: We documented in 2009 that fascism and our current crony capitalist economy are indistinguishable. We noted in 2011 that America’s public resources are being raped and pillaged … just like those of small debt-saddled countries like Greece. The following short – but important – piece by Eric Zuesse shows that looting and privatization of public resources was a hallmark of fascist Germany and Italy … and America today. Washington’s Blog is non-partisan. We believe that the war between liberals and conservatives is a false divide-and-conquer dog-and-pony show created by the powers that be to keep the American people divided and distracted. [...] We can argue it either way, because we are ideologically neutral: allowing the private sector to own and manage resources is good … or allowing the public sector to do so is healthy. Here’s the key: If these resources had always been in the private sector, that would be fine … that would be free market capitalism. But if they were purchased on the people’s dime with our blood, tears, sweat and taxpayer funds – and then sold to the big boys for pennies on the dollar – that’s not capitalism … that’s looting. Unfortunately, that’s exactly what the Nazis, Italian fascists, and modern American “leaders” are doing.

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