Saw this article and thought I’d share it here. The author gives the best explanation of the social mechanics of fascism I’ve ever read:
My only quibble is his claim that 1980s Reaganomics created the “stagnation” first phase. I think it started in the 1970s. After a quarter-century golden age roughly 1945-1970, the '70s were an era of sharp downturn. I’d argue that what Reagan did was to create the illusion of renaissance by strip-mining the middle class and paying for a get-tough stance with the USSR with deficit spending. In other words, he gave a sick man a shot of amphetamine and called the temporary energy spurt a recovery.