STOCK MARKET WATCH, Tuesday, December 27, 2011.

[happyslug]

58. Flynn was a 19th Century Liberal that happened to live in the 20th Century

http://en.wikipedia.org/wiki/John_T._Flynn

The closest thing to a 19th Century liberal today are the Libertarians. Small government, pro-business, anti-union, anti-Communist who believes the role of Government is to keep the peace, but NOT through social programs or education but just through the Justice System.

The comment on Eight marks of Facisim was made in his 1944 book "As we go Marching".

The eight points are mentioned in "As we go marching on" on page 67:

As we survey the whole scene in Italy, therefore, we may now name all the essential ingredients of fascism. It is a form of social organization
1. In which the government acknowledges no restraint upon its powers—totalitarianism.
2. In which this unrestrained government is managed by a dictator —the leadership principle.
3. In which the government is organized to operate the capitalist system and enable it to function-under an immense bureaucracy.
4. In which the economic society is organized on the syndicalist model, that is by producing groups formed into craft and professional categories under supervision of the state.
5. In which the government and the syndicalist organizations operate the capitalist society on the planned, autarchial principle.
6. In which the government holds itself responsible to provide the nation with adequate purchasing power by public spending and borrowing.
7. In which militarism is used as a conscious mechanism of government spending, and
8. In which imperialism is included as a policy inevitably flowing from militarism as well as other elements of fascism.

http://mises.org/books/aswegomarching.pdf

I notice this is from Mises, a well know European Liberal group (i.e. What we in America tend to call Neo-Liberal economics, the type of economics adviocated by the Right wing in the US. More Libertarian then Liberal in the American sense of the word Liberal.