this post was submitted on 03 Jun 2025
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Well I guess if you have a long enough timeline everything possible becomes inevitable. But I don’t think that’s quite what the meme is saying.
Well, to address the meme in particular then, it's a fairly common saying that fascism is either capitalism in decline/crisis or is the end-game/final-form of capitalism. The first form is a direct quote from Vladimir Lenin: "Fascism is capitalism in decay." The latter arises from statements by Mussolini, though it does seem the commonly cited "Fascism should more properly be called corporatism" may be a misquote or misinterpretation of his meaning.
I would actually lean into your rebuke somewhat, fascism is a form of authoritarianism and can make use of capitalism as a tool, but ultimately the totalitarian has as much interest in truly free markets as they do in truly free societies. I would say the inevitability is after allowing the market to centralize through unregulated monopolizing, the fascist would then nationalize the industry or otherwise bring it under their own personal control.
Fascism is fundamentally a cult devoted to power: they'll ally with whichever power currently holds non-government sway, be that capitalists, feudal lords, or gang leaders. What fascists are deeply against is any form of distributed power: be that a truly free and well-regulated market, a trade union, or anarchism of any stripe.
Historically though, capitalist societies have been built on fascist techniques of stripping broad swaths of the population of their civil rights. The most infamously capitalist society in history - the US - cares so little about actually living up to the ideals of "the free market" that up until the 60s or so, only about a third of the population was actually allowed to participate in the free market. A third of the population was legally allowed to operate independently, start businesses, etc. The rest were denied equal protection under the law, a legal regime intentionally designed to force the majority of the population into precarious wage slavery.
That is in the most capitalist country on Earth. The most capitalist nation on Earth hated free markets so much that they had to exclude the majority of the population from the free market in order to maintain a pool of easily exploitable labor.
Thank you, this is very well said. Any socio-economic structure that centralizes power in the hands of a few is vulnerable to fascism.
When did he say that? Fascism would've been very new at the time he died.
I think I have to concede this one. I have found numerous attributions of the quote but no mention of the source. Ultimately, i think it's probably a misquote or a cross-wiring of Lenin's essay: Imperialism, the Highest Stage of Capitalism. I think people are just freely substituting "fascism" for "imperialism". Obviously, leftists would see them as related but shouldn't conflate the two as being equivalent.