When the Nazis began their push to gain control of government in Germany prior to WWII, their agenda was commonly referred to as 'national socialism.' The model was clearly fascist, yet fascism as defined by the Nazis had a definite socialistic foundation.
That model was quite simple and straightforward. Government would co-own and co-manage business along with large corporations. This government-corporate liaison forms the accepted definition of fascism--a form of government characterized by a state-corporate partnership in owning and operating business, with a centralized concentration of power in the form of a head of state who is endowed with the authority to exercise ultimate oversight.
This was the nature of Adolf Hitler's government in Germany, the one that resulted in the suppression of human rights and the wholesale slaughter of 11 million human beings.
Barack Obama has forced the CEO of General Motors to resign.
When was the last time in history an American President was directly responsible for the removal of the head of a corporation?
There is none in my memory. And unless my memory fails me at this point, I don't think it's ever happened in the history of the United States.
Of course, the rationale provided for this unprecedented and frankly, stunning, action is that if GM accepts government funds then government has a stake in exercising ultimate oversight--including, apparently, the President having the power to dictate who will manage the company.
Critics of Barack Obama and the stimulus package warned early on that government bailouts of corporations would lead to precisely this kind of dictatorial power on the part of government...and the President.
It seems the critics were right.
And if you want to know what 'national socialism' looks like in modern times, up close and personal, just look at what Barack Obama just did with General Motors, and you'll get a good idea.
Sources: GM CEO Resigns at Obama's Behest, Library of Economics and Liberty
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