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In 1987, during the end of the Cold War, Alfred Sohn-Rethel posed a question in Germany’s Tageszeitung newspaper about whether the fascist economy was a threat. He shared an answer that was somewhat mixed. On one hand, he pointed out that the military buildup of the 1980s was a characteristic of the fascist economy, which aimed to rescue capitalism through extensive rearmament. On the other hand, he expressed cautious optimism about the economic changes happening at that time, believing that the structural conditions were not conducive to a repeat of the 1930s.

However, in today’s political climate under President Biden, a new and unsettling situation has emerged that gives fresh urgency to Sohn-Rethel’s initial analysis. The term “fascist” and “fascism” are often used today as an insult towards political opponents or to describe right-wing authoritarian movements. However, as Marxist philosopher and economist Alfred Sohn-Rethel emphasized, fascism is not just about individual wrongdoers but is a structural phenomenon that emerges when those in power seek to maintain their established order amidst social unrest. He argued that it starts with violent efforts to address unemployment, control labor and revive markets and profits before escalating into full-fledged warfare centered on armament production.

In his analysis of historical fascist movements, Sohn-Rethel pointed out how they emerged during times of crisis when capitalists sought to protect their interests by resorting to authoritarian measures such as state intervention in markets and restrictions on civil liberties. This led to an economy focused on armament production and a concentration of power in the hands of those who controlled resources such as land and capital.

Today’s current militaristic political economy presents similar challenges for society. There is concern about rising militar spending and its impact on social programs such as education and healthcare. Additionally, there is fear that some politicians may use national security concerns as an excuse for increased surveillance and censorship.

As we move forward into this new era under President Biden, it is important to remember the lessons from history and be vigilant against any attempts at fascism or authoritarianism. We must work together to ensure that our society remains democratic and free from oppression.

In conclusion, while we may have different opinions about politics today, we must continue to engage in open dialogue and critically examine our actions if we want our society to thrive in peace and prosperity.

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