
 | The truth is that not even the Franklin Roosevelt Administration was as hostile to and ignorant about free enterprise as this Administration is. Almost every action Obama officials take underscores their belief in the stereotype that businesspeople are mostly amoral, corner-cutting, consumer-shafting, pollution-loving menaces. The economy itself needs to be tightly controlled and rigidly guided by Washington mandarins because free markets are inherently and destructively unstable.
One hesitates to bring up the economics of Benito Mussolini and his ilk because fascism means ugly nationalism and racism, as well as mass murder and aggressive war. So let's label the economic part of that ideology as neosocialist, corporatist, statist or — to be sophisticated and use a French word — dirigiste.
Under the corporatist state, private companies exist but take their direction from government. Competition is seen as wasteful and destructive and therefore must be "managed." There is a basic hostility toward small businesses precisely because there are so many of them, making them harder to regulate and more apt to do things without government permission. |