The Communist International in 1935 declared fascism the result of monopoly capitalism.
In the 1960s and '70s, many Marxist intellectuals like Kurt Gossweiler and Jürgen Kuczynski tried to tie the emergence of fascism with business interests.
In the late '90s Marxist political scientist Michael Parenti called fascism "All-out government support for business" while also claiming Nazis and Italian Fascists were "Privatizing" the state-owned businesses.
A more recent brutalization of fascist history and thought comes from Jason Stanley's 2018 book How Fascism Works, which was appropriately described by Paul Gottfried as being a collection of "Unverified historical statements." Stanley seemingly didn't do any thorough reading into fascist thought before making the claims, "In fascism, the state is an enemy; it is to be replaced by the nation, which consists of self-sufficient individuals," and, "The fascist vision of individual freedom is similar to the libertarian notion of individual rights."
Fascism emerged as an explicitly anticapitalist ideology.
Benito Mussolini wrote, "The Fascist conception of life stresses the importance of the State and accepts the individual only in so far as his interests coincide with those of the State." Far from viewing the state as an enemy, fascism placed the state upon the highest pedestal.
Despite the mislabeling and misconceptions surrounding fascism's association with capitalism, historical evidence shows that fascism was fundamentally anticapitalist, emphasizing the primacy of the state over individual rights and interests.
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