How Deep Fascist Parallels Run
Economic Update with Richard D. Wolff
Democracy at Work
4.8 • 2.1K Ratings
🗓️ 1 July 2025
⏱️ 31 minutes
🧾️ Download transcript
Summary
This week on Economic Update, Professor Wolff, responding to requests, explores the parallels between what led to the rise of Hitler and fascism in Germany after World War I and what has brought the US to Trump and his current policies. Many key basic parallels are presented alongside some remaining differences that help explain why what Trump is doing is not yet what a fully formed US fascism would entail.
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Transcript
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| 0:00.0 | Welcome, friends, to another edition of Economic Update, a weekly program devoted to the |
| 0:26.0 | economic dimensions of our lives and those of our children. |
| 0:30.3 | I'm your host, Richard Wolfe. |
| 0:33.2 | I want to begin by thanking Charlie Fabian and all of you who have sent in materials for Charlie |
| 0:39.6 | to work up and to help us plan our programs. You can and please do continue to send us what |
| 0:47.3 | you have, Charlie.info-338 at gmail.com. |
| 0:55.1 | And likewise, our recommendation that if you like this program and the economic analyses |
| 1:01.0 | we present, then there's a companion volume that you will find useful called understanding |
| 1:07.9 | capitalism, which begins with these kinds of segments, but goes into them |
| 1:13.3 | much more systematically and much more deeply than we have the time to do here. |
| 1:20.1 | It's available as all of our books are at our website. |
| 1:25.3 | Today is going to be a special program. We're not going to have short segments. We're |
| 1:29.4 | not going to have a guest to interview. Instead, I've prepared a presentation that responds |
| 1:36.7 | to something many of you have asked me to do, plus something which the literature exploding |
| 1:44.0 | all around us, articles, books, newspaper stories, |
| 1:48.6 | videos obviously show an interest. It has to do with whether the category of fascism |
| 1:57.1 | applies to what is going on in the United States today. |
| 2:02.8 | On the 14th of June, there were demonstrations all over the country. |
| 2:07.8 | Many of them carried signs opposing fascism in the United States in one form or another. |
| 2:17.0 | So let us do this in a reasonable, thoughtful way. So I'm |
| 2:22.3 | going to call today's program how far does the fascism analogy work? Does it illuminate? |
| 2:32.3 | And to what extent what is going on in the United States today? |
... |
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