China proves that Fascism, not Socialism, works. China is a vindication of everything the post-Socialist Fascist movement thought was in need of change in Socialist ideology to make it work. As a result, China has many of the benefits of capitalism, but has the state control of the means of production that Socialism provides. If it's mostly high-ranking aparatchiks and military officers who own most of the corporations in China, it is only semantically different from the corporation, known as the "Communist State" in China, from owning it in its name.

Of course this would be a surprise to the morons who think that Fascism is just a dirty word you throw at someone you disagree with. Most people forget that Fascism was a movement with a clear-cut platform, that was a true hybrid of Socialism and Capitalism. It is "right-wing" in the sense that it is "to the right of Socialism and Communism." It is, in essence, where the "left and right" meet up on the spectrum. If you look at the Fascists' planks, you will see that they had many left-wing tendencies, such as seizing the war profits of the military industrial complex, heavy taxation of income, and strong government **control** of the means of production through counsels of industry and regulations.

Communism is utopian. It is built on 19th century pseudo-science, and it ought to be no more respectable to be a Communist than to be a Phrenologist.

I am not surprised at China doing this. It make perfect sense from the economic nationalism of Fascist policy.

China proves that Fascism, not Socialism, works. China is a vindication of everything the post-Socialist Fascist movement thought was in need of change in Socialist ideology to make it work. As a result, China has many of the benefits of capitalism, but has the state control of the means of production that Socialism provides.

No, it doesn't, by any stretch of the imagination. All China has proved that some organized method of industrialization proves an increase in the standard of living and wealth of a nation. Really, prior to the mid 1980s, China was so screwed up that just about means of exporting goods to the USA would improve them.

Seriously... this sort of myth was really born of the "Hitler Miracle", about, how the Nazi regime supposedly turned the German economy around in the midst of the Great Depression. Sure, Nazi propaganda would have us believe the in the midth of Hitler's German economic juggernaut, but the truth is, if you look at the statistics - EVEN THE BRITISH WERE OUT PRODUCING THE GERMANS. I won't belabor the point of American production, because the Americans had population and other advantages over Germany. Instead, let's look at the British, whom had less population, less natural resources, and still managed to produce more aircraft and more warships than the Germans, ultimately cutting Germany off from the sea and then taking Germany out of the air.

Essentially, all Germany could do was build a bunch of U-Boats that were just facelift improvements from World War I designs (the "modern" U-Boat came way too late to make a difference). Germany built two primary battleships - Bizmarck and Tirpitz. By contrast, the British built 5 battleships of the KGV class, more than a few aircraft carriers, and plenty of not only fighters, but also four engine heavy bombers. Germany could never build 4 engine bombers in number, becuase despite having an entire continent at her disposal, the Germans always had engine shortages...

And, why was that?

It's because fascism is a crooked and corrupt institution, and crooked institutions are not efficient. Tales of Nazi looting of other countries abound, but there was massive disorganization, massive crime... really, just imagine a bunch of thugs in a command economy, telling corporate bosses what to produce for war armaments... eventually, the whole thing would collapse... as indeed, it would have, under its own weight, had not the weight of a few million Allied soldiers and thousands of tons of Allied bombs not helped it along.

And that's ultimately what's going to happen with China. Already, rumours abound about problems in the Chinese banking sector, there's inflation being swept under the rug, and there's all sorts of inefficiencies creeping in that are just swept under the rug.

Bottom line is, fascist regimes always produce good economic results, only because we believe them when they tell us that we do. At some point, freedom really -does- matter, and that will catch up to China.

'Fascism should rightly be called Corporatism, as it is the merger of corporate and government power.'
'All within the state, nothing outside the state, nothing against the state. '

Two descriptions of Fascism by Benito Mussolini which apply to today's China perfectly. Though as you rightly point out meaning of the word Fascist has been lost on those who nowadays use it merely as an insult. Those same people are those who usually cannot accept that China is the archetypal Fascist state, in my view even more Fascist than Italy ever was in the 20s.