answersLogoWhite

0


Best Answer

When most people hear the word ``fascism,'' they naturally think of its ugly racism and anti-Semitism as practiced by the totalitarian regimes of Mussolini and Hitler. But there was also an economic policy component of fascism, known in Europe during the 1920s and '30s as ``corporatism,'' that was an essential ingredient of economic totalitarianism as practiced by Mussolini and Hitler. So-called corporatism was adopted in Italy and Germany during the l930s and was held up as a ``model'' by quite a few intellectuals and policy makers in the United States and Europe. A version of economic fascism was in fact adopted in the United States in the 1930s and survives to this day. In the United States these policies were not called ``fascism'' but ``planned capitalism.'' The word fascism may no longer be politically acceptable, but its synonym, ``industrial policy,'' is as popular as ever.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

9y ago

A centrally planned economy is one in which the federal government owns, operates, and manages all production facilities.

This answer is:
User Avatar

User Avatar

paulbenn

Lvl 13
2y ago

Capitalism where the ruling class attempt to plan the economy so that it runs entirely in their interests.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is centrally planned capitalism?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How does a government involved in a centrally planned?

The type of government determines how a government becomes centrally planned.


Is Italy centrally planned?

No. Since its creation in 1946, the Italian Republic has never had a centrally planned economy.


Which economic system did socialism lead to?

Centrally-planned economies in the USSR and Eastern Bloc. Market socialism in Yugoslavia. State capitalism in modern day China and Vietnam.


How is a government involved in a centrally planned economy?

In a centrally planned economy, the central government decide which part of the country to allocate cash and which one not to.


Is ireland's economy centrally planned?

ummm


What is centrally planned democratic free economy?

A centrally planned democratic free economy is one whereby the budget making process involves everyone.


Why do centrally planned economies tend not to be efficient?

What are two reasons why a centrally planned economy tend to be less efficient than a market base economy


Which country has most extreme example of a centrally planned economy?

the most extreme example of a centrally planned economy are china,hongkong,cua and north korea


What is the economic system that relies on habit custom or ritual to decide questions of consumption and production of goods and services?

a centrally planned economy


20 disadvantages of centrally planned economy?

i dnt no


What is a centrally-planned economy?

A centrally planned economy is an economic system in which economic decisions are made by the state or government rather than by the interaction between consumers and businesses.


What is a centrally planned economy?

A centrally planned economy is an economic system in which economic decisions are made by the state or government rather than by the interaction between consumers and businesses.