this post was submitted on 22 Apr 2025
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You using private capital as synonymous with powerful people? Rich people to tend to be powerful, but they're not the only ones.
And are you saying the treaty of versailles and it's fallout were part of the conditions for fascism, and were capitalist in nature?
I'm not using it as synonymous with powerful people, fascism has always been tied to private capital. As I already said, oligarchy isn't really any one thing, just like economy isn't. Fascism specifically is entirely a product of Capitalist decay, or, rather, is Capitalism when in decay and needs to rescue itself.
The inter-Ally debts causing the allies to squeeze Germany ever-further via reparations in order to pay their debts back to the US was a part of the rise of fascism, but not the only one. There was also rising labor organizing, a need for forced labor via colonial expansion, and more. It's more complex and nuanced than that.