Capitalism vs Fascism - What's the difference?
capitalism | fascism |
(politics, uncountable) a socio-economic system based on private property rights, including the private ownership of resources or capital, with economic decisions made largely through the operation of a market unregulated by the state.
(economics, uncountable) a socio-economic system based on the abstraction of resources into the form of privately owned capital, with economic decisions made largely through the operation of a market unregulated by the state.
(countable) a specific variation or implementation of either such socio-economic system.
(historical) A political regime, having totalitarian aspirations, ideologically based on a relationship between business and the centralized government, business-and-government control of the market place, repression of criticism or opposition, a leader cult and exalting the state and/or religion above individual rights. Originally only applied (usually capitalized) to (Benito Mussolini)'s Italy.
By vague analogy, any system of strong autocracy or oligarchy usually to the extent of bending and breaking the law, race-baiting and violence against largely unarmed populations.