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On Monday 5/28/2018 from 10 a.m. (Pacific Time) until 7pm, KFJC-FM will feature hours of programming documenting the profound connections of U.S. industry and finance to the fascist powers of World War II.
In the decades since the end of the Second World War, much has been written about the war and fascism, the driving force behind the aggression that precipitated that conflict. Unfortunately, much of what has been said and written has failed to identify and analyze the causes, nature and methodology of fascism—German National Socialism or “Nazism” in particular. A deeper, more accurate analysis was presented in published literature, particularly volumes published during, or in the immediate aftermath of, the Second World War.
. . . . Fascism (Nazism in particular) was an outgrowth of globalization and the construction of international monopolies (cartels). Key to understanding this phenomenon is analysis of the Webb-Pomerene act, legislated near the end of the First World War. A loophole in the Anti-trust legislation of 1914, it effectively legalized the formation of cartels—international monopolies—for firms that were barred from domestic monopolistic practices.
Decrying what they viewed as excessive and restrictive “regulation” here in the United States, U.S.-based transnational corporations invested their profits from the industrial boom of the 1920’s abroad, primarily in Japan and Germany. This process might well be viewed as the real beginning of what is now known as “globalization.” [FTR#’s 99, 361, 426, 511 and 532 present an overview of the reinvestment of the wealth generated by the American industrial boom of the 1920’s in German and Japanese strategic heavy industry. It was this capital that drove the engines of conquest that subdued both Europe and Asia during the conflict.]
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