Wednesday, March 04, 2009


Corporatism: FDR's 'Right Path,' is Alive and Well!
"I believe that President Roosevelt has chosen the right path. We are dealing with the greatest social problem ever known. Millions of unemployed must get their jobs back. This cannot be left to private initiative."

And, sure enough President Barack Obama's overall Budget will generate hundreds of thousands of new jobs in the Government sector, people who will be grateful voters in the next election. Here is the Washington Post's piece on that: I'll bet readers thought the opening quote above was perhaps by our President Barack Obama, an admitted admirer of the New Deal.

Actually, it was Joseph Goebbels, Hitler's propaganda chief, in 1933, speaking admiringly of the New Deal as the way for National Socialism to follow. In the economic realm, Hitler's chief Economic Minister was Hjalmar Horace Greeley Schacht, a Corporatist to the core.

Schacht's reformist parents had spent time in America, and were great admirers of Greeley, the journalist who coined the phrase "Go West, young man!"

Today, Corporatism in its many variants, is in the saddle in virtually every major nation on the planet, not only the US and Europe, but Russia, China and India as well. One can observe how easily these ideas spread, often only associated with Mussolini's Italy or Peron's Argentina, by exploring the American occupation of Japan after WWII. ...