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In support of your thesis see DiLorenzo, T., article Economic Facism.

https://fee.org/articles/economicfacism/

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Not available at above link.

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Sorry. Try fee.org-Browse all articles-Author-D-DiLorenzo, Thomas-Economic Facism, June , 1994. Worth the trouble!

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I would change the date though to earlier, and even earlier than what this historian is focused on: I plucked this out of the link: the German Empire was founded on тАШblood and ironтАЩ in the 1860s and 1870s, it was a firmly capitalist state dominated by big business, high finance, and a political elite utterly devoid of morality. These base qualities of the bourgeois world-economy and its other main exponentsтАФBritain, France, and Russia, Austria-Hungary and Italy, as well as the middling and smaller European powersтАФexpansion by any means necessary was the driving force. If possible, the main centres of economic and military power collaborated to loot and pillage the earth, as happened, e.g., in Berlin 1878.

https://fackel.substack.com/p/germany-1918-gunpowder-treason-and?s=r

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Could be where I first encountered the idea. https://fee.org/articles/economic-fascism/

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