Commentary
It’s not capitalism. It’s not socialism. The new word we are hearing these days is the right word: corporatism. It refers to the merger of industry and state into a unit with the purpose of achieving some grand visionary end, the liberty of individuals be damned. The word itself predates its successor, which is fascism. But the eff word has become totally incomprehensible and useless through misuse so there is clarity to be gained by discussing the older term.