From this post:
"When Germany faced the last depression, its government turned to a
hand-in-glove partnership with corporations (German and American) to
solidify its power over its own people and wage war on others. Italy’s
Benito Mussolini named this new form of corporate/state partnership
fascism. [...] Mussolini also noted that there was a more accurate word to
describe his political/economic system: 'Fascism should more
appropriately be called corporatism,' he wrote in the Encyclopedia
Italiana, 'because it is a merger of state and corporate power.'"
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