You cannot survive abolition of markets.

They merely regulate out the market processes in such a way as to give them the ability to centrally plan, while leaving the appearance of market freedom.

That is why fascism is always socialism with the capitalist veneer.

Fascism is pretty much the definition of a truly mixed economy with heavy government oversight

Along with state cartels.

They don’t abolish the free market

Ministries of industry setting quotas.

It's wholly inefficient.

But they definitely over see it and regulate it to hell

I actually would disagree on fascism.

It also requires protectionism, which then leaves the only avenue for material wealth through conquest.

I think fascism just lacks innovation

Is mostly the problem there as far as economics

There's nothing to innovate upon.

But I actually really believe societies that don't innovate are more stable than ones that do.

This is the best definition you'll get: https://www.econlib.org/library/Enc/Fascism.html

China is more fascist in economics than communist tbh

Oh, yes.

Certainly.

As I said, all Communist regimes must devolve into fascism to survive.

This is why there is a stagnation there now.

Anyway I gtg

I say-give it 20 or 30 years and you would see them degrade back to feudalism.

Alright, take it easy, Py.

Problem is feudalism is stable as hell,

precisely because it kills innovation, and therefore the opposition to it.

Good luck selling that to the world. <:pot_of_kek:544849795433496586>

Indeed, Yord.

And may be eventually all fascism would devolve to some form of feudalism.

Rate of innovation is also aligned with a scale of economic freedom, which positively correlates with the amount of freedom within a particular market.

And here is where it gets really creepy because without an external force to actually threaten the status quo such a form of fascism can sustain itself virtually indefinitely.

So, different economic systems have varying rates of innovation, with the greatest freedom having the highest rate.

I go further than that @Jeremy

It wouldn't because fascism is very centralistic

It is my most controversial statement but I go by it-stable societies KILL innovations.

It just gets in the way for their stability to properly function.

Correct, Yord.

You require creative destruction.

Stable societies LOVE conservatism, but in the worse sense.

It is that pursuit of an absolute stability which consumes the chaos that should be wielded in balance, neither to consume the other.