Just for point of reference. Here are the definitions of Fascism and Socialism as defined in the American Heritage Dictionary.
fascism
–noun A system of government marked by centralization of authority under a dictator, stringent socioeconomic controls, suppression of the opposition through terror and censorship, and typically a policy of belligerent nationalism and racism.
socialism
–noun Any of various theories or systems of social organization in which the means of producing and distributing goods is owned collectively or by a centralized government that often plans and controls the economy.
IIRC from my college Poli Sci classes – Fascism tends to favor corporations and corporatism at the expense of the citizens. Socialism tends to favor citizens at the expense of the corporations and corporate ownerships.
You guys & gals can argue about whether this is socialism or fascism.
