Different regimes chose different paths to manage markets: communists abolished property rights and democratic governance, putting technocratic elites in control; fascists maintained private property but eliminated democratic politics and subordinated business to state objectives; New Dealers kept both property and democracy but added regulation and social welfare.
factualpending
Speaker
Victor JvetszEvidence Quote
“communists took it the extreme way... abolish all the property rights... fascists... eliminate... democratic politics... New deal economists... just need some social welfare... security and exchange commission that actually will manage the market”
Created: 8/11/2026, 6:33:00 AM
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