“It was only in November, 1933, that Mussolini became convinced that the crisis that had beset capitalism for four years was not a crisis within the system, but a crisis of the system. It was on this occasion that he spoke of ‘the complete organic and totalitarian regulation of production’ a ‘regulated’ and ‘controlled; economy—a ‘burial’ of capitalism.”

Source: The Ideology of Fascism: The Rationale of Totalitarianism, (1969), p. 294

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A. James Gregor64

American political scientist 1929–2019

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“In 1934, Mussolini reiterated that capitalism, as an economic system, was no longer viable. Fascist economy was to be based not on individual profit but on collective interest.”

A. James Gregor (1929–2019) American political scientist

Source: The Ideology of Fascism: The Rationale of Totalitarianism, (1969), p. 299