Fascism
Strict regulation and control of the economy by the regime through some form of corporatist economic planning in which the legal forms of private ownership of industry are nominally preserved but in which both workers and capitalists are obliged to submit their plans and objectives to the most detailed state regulation and extensive wage and price controls, which are designed to insure the priority of the political leadership’s objectives over the private economic interests of the citizenry. Therefore under fascism most of the more important markets are allowed to operate only in a non-competitive, cartelized, and governmentally “rigged” fashion.
See also: http://www.econlib.org/library/Enc/Fascism.html
I am aware of that, but thank you for posting it.
That is why I so often refer to Obummer, the Marxist now posing as a Fascist.
Today he is a Fascist.
When he gets enough control, he will kick the CEO’s under the bus and show his true colors as a Marxist.
Repeal the 17Th Amendment.
Return the selection of senators to the state legislatures as our founding fathers intended. This is the only sure way to return to the states their lawful rights under the Constitution. Senators will then, as actual representatives of the states rather than the people, protect states rights and prevent the federal government from destroying the states with unfunded mandates