Recession: A weapon against capitalism

It might seem obvious that recession is a good time to mention the failings of capitalism, but in practice a society can not survive recession without socialistic measures. Furthermore, the fear surrounding recession is the fear of the excess patterns of market forces slowing down, i.e. normal human output stabilizing out. It's a 'bad' word invented by crazy investors who flip out at the first sign of exploitation running out of puff.

Just mention it at the next relevant discussion. Recession is the state of man that accepts socialism as its salvation long enough for the working man to pick up the slack for him to be exploited all over again. If anyone says that socialism doesn't work, point to the recession and say, how do you think the nation will recover?

Actually while neither socialist nor fascist, what the country is doing in recession resembles fascism more. It is increasing administrative power to set things in order, but it is not changing the modes of production.

Metal Gear wrote:Actually while neither socialist nor fascist, what the country is doing in recession resembles fascism more. It is increasing administrative power to set things in order, but it is not changing the modes of production.

While I generally agree that state intervention to stabilize the economy is somewhat more fascistic than it is socialistic, in fascism's defense—under a traditional fascist order, at least—the bourgeoisie become the junior partner in economic management, whereas under typical capitalist regimes they are most definitely the senior partner (which is the case today).

During the economic depression that ravaged the Western world in the 1930s, Fascism and Communism were the only two mass movements which existed in Europe. Since Fascism at least promised to preserve property titles, it represented the lesser evil in the eyes of the bourgeoisie, but they still found it disagreeable in its own right. The so-called "agent theory" certain Marxist theorists fabricated at the time (which is still largely upheld to this day among Marxist academics) is just not credible in light of the evidence. Conversely, Marxists like James Burnham (see his work, The Managerial Revolution) and Günter Reimann (see his work The Vampire Economy: Doing Business Under Fascism) provided analyses of fascism which were far more accurate than the prevailing agent theory—which posits that the fascists were acting as mere representatives of capital, as opposed to autonomous agents.