On Mon, Mar 16, 2026 at 08:57 PM, Charles wrote:

> 
> The chaotic Trump reign over US politics is showing critical signs of
> weakening on many fronts: ...

Analogies have often been drawn between Trumpism and other contemporary far 
right movements and the fascism that existed in the 20th century between the 
twoworldwars. would argue that from the standpoint of the capitalist ruling 
classes, the fascism of the 1920s-1940s was a great success. The fascist 
regimes in Italy, Germany, Spain, etc. successfully neutralized the threats to 
capitalism that were coming out of the socialist and communist movements. 
Eventually, most of the fascist regimes would be eliminated with the Second 
World War, but by then, fascism had already done its job.

Back in 1927, the right-wing economist Ludwig von Mises in his book Liberalism: 
The Classical Tradition , in a chapter, in which he critiqued fascism, 
nevertheless, ended that same chapter with the following tribute:

“It cannot be denied that Fascism and similar movements aiming at the 
establishment of dictatorships are full of the best intentions and that their 
intervention has, for the moment, saved European civilization. The merit that 
Fascism has thereby won for itself will live on eternally in history. But 
though its policy has brought salvation for the moment, it is not of the kind 
which could promise continued success. Fascism was an emergency makeshift. To 
view it as something more would be a fatal error.”

If today’s capitalist ideologues had von Mises’s candor, they would say much 
the same thing about fascism. One consequence of the fascist interlude between 
the two world wars was to help to push the politics of the capitalist world 
permanently to the right. Before the rise of fascism, the major left-wing 
parties in Europe such as the SPD in Germany or the Socialist Party in France, 
were, at least officially, Marxist parties committed to the overthrow of 
capitalism. Following the Second World War, most of these parties dropped those 
commitments. The SPD officially dropped its allegiance to Marxism in the 1950s, 
for example. Nor was this phenomenon confined to the social democratic parties. 
Most of the Moscow-oriented Communist parties in Europe moved rightwards too. 
They basically morphed into left social democratic parties, basically, dropping 
their commitments to the revolutionary overthrow of capitalism, and, instead, 
filling the roles that had previously been filled by the prewar social 
democratic parties.

This raises the question can anything similar be said about today's far right 
movements?  Perhaps we can. Ludwig von Mises's remark that fascism had 
temporarily “saved European civilization” from socialism reflected the 
willingness of many defenders of capitalism to view authoritarian movements as 
a necessary emergency measure. In our very different historical context 
(Bolshevism is not a real threat to capitalism), something similar can be seen 
today in the tolerance that sections of the capitalist ruling class have shown 
toward Trumpism and other far-right populist movements. While these movements 
operate within electoral systems rather than establishing outright 
dictatorships, they can function politically to redirect social discontent away 
from capitalism itself and toward cultural or national antagonisms much the way 
that the fascist movements of the 20th century had done.


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