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In Italy there was no recession after the Crash because the Fascist State rescued all factories and banks. The State purchased their stakes so they could pay their debts. At the beginning of WW2 the Italian State practically owned a significant portion of the banking system and owned, either directly or indirectly the nearly totality of the industrial complex. Practically the élites had to bow their heads and content themselves with little.
I suppose it might be interesting to someone obsessed with hatred of Trump and Netanyahu, but it is no great mystery to others. Trump and Netanyahu are conservative leaning popularists. To the extent they are more conservative than their opponents they will have support from conservatives. They don't have to be "perfect" conservatives, just more conservative among the options.It's "interesting" that some proclaim to be "conservatives" and yet defend the likes of Trump and Netanyahu, both of which are as crooked as the day is long as they are basically neo-fascists. Fascism is the polar opposite of limited government.
As I've posted before, one can have values that leadIt's "interesting" that some proclaim to be "conservatives" and yet defend the likes of Trump and Netanyahu, both of which are as crooked as the day is long as they are basically neo-fascists. Fascism is the polar opposite of limited government.
Monarchy and aristocracy totally bowed to the Duce. Just think that Count Ciano married Mussolini's daughter, who became countess.Italy still had a king throughout all this, didn't they? I believe there were also still those who held noble titles, like count/countess. So, it wasn't exactly a classless society, it seems.
Mussolini was a great admirer of Keynes.FDR employed similar measures during WW2, such as the imposition of wage/price controls and the Office of Price Administration. Overall, FDR believed in more government intervention, which is why his opponents and even many today still dislike him. Some might have called him "socialist," but he was never that.
Also, support for an imperfect candidate will be justI suppose it might be interesting to someone obsessed with hatred of Trump and Netanyahu, but it is no great mystery to others. Trump and Netanyahu are conservative leaning popularists. To the extent they are more conservative than their opponents they will have support from conservatives. They don't have to be "perfect" conservatives, just more conservative among the options.
I see the "invisible hand" as tendencies created byAdam Smith used to say there was an invisible hand monitoring, tweaking, and adjusting.
Magic.
Fairy-tales applied to macroeconomics.
I see the "invisible hand" as tendencies created by
system structure, eg, individuals seeking gain from
their creations, sales, labor, & purchases. The various
facets of the system cause emergent properties, eg,
the relationship between price & demand.
Interesting.By analogy, the "invisible hand" of particle physics
causes the emergent properties of Boyle's Law
(pressure vs volume vs temperature) for gases.
And like economics, this law has complexities
that affect its results.
If you knew the work of Hari Seldon, you'dIt's the attempt to apply mathematical and statistical laws to the human behavior. Human behavior is very diverse, unpredictable, fluid, inconstant. So almost everything must be planned in advance. Optimism and hope are attitudes that aren't sufficient in something so complex like the monetary circuit. An authority that supervises is indispensable.
Interesting vision.If you knew the work of Hari Seldon, you'd
understand that mathematical models do
work, but they predict trends, not details.
I notice that there are 2 kinds of humans...
1) Often religious people, they see all that
happens in the world as the result of some
central control, eg, God, government,
conspirators.
In short...
God or the Deep State did it.
2) Often atheists, they see all that happens
as resulting from physics & the complex
systems that arise, eg, stars, planets, life,
intelligence, culture.
In short....
Shirt happens.
It can be either.Do you really think Fascism is right-wing? To me it's 100% left-wing.
I'm a "free will" agnostic....as I've oft said.Interesting vision.
You are a free will denier, right? Determinist?
Interesting.I'm a "free will" agnostic.
I see no way to test the concept.
I do seem to function as though I have free will.
But perhaps I've no choice in the matter, eh.
Note:
I treat the concept of free will as different from
the human tendency to unconsciously have
some choices innately pre-determined.
(I've read some research on the matter.)
If everything is inevitable, why put any effort into anything?Interesting.
A good psychologist once said: people who have a big volition, and so they use their will in a very preponderant way, are the ones who tend to perceive the world as something very deterministic. They think that things are inevitable, and so people have no choice.
To the rest of the world, it's right-wing.Do you really think Fascism is right-wing? To me it's 100% left-wing.
Are we speaking of Italian Fascism?
If that were true you'd fetishize him like you do Putin.Zelenskyy himself has a too warlike vision of politics
If you take far-right authoritarianism and pour pasta sauce on it, it's still far-right authoritarianism.Are we speaking of Italian Fascism?
Or mainstream fascism?
To the left-wing world, fascism is all right-wing.
For the record: Italians invented the word Fascism.If you take far-right authoritarianism and pour pasta sauce on it, it's still far-right authoritarianism.