"The difference between [socialism and fascism] is superficial and purely formal, but it is significant psychologically: it brings the authoritarian nature of a planned economy crudely into the open.
The main characteristic of socialism (and of communism) is public ownership of the means of production, and, therefore, the abolition of private property. The right to property is the right of use and disposal. Under fascism, men retain the semblance or pretense of private property, but the government holds total power over its use and disposal."
Ayn Rand (more quotes by Ayn Rand or books by/about Ayn Rand)
[Alisa Zinov'yevna Rosenbaum] (1905-1982) Russian-American novelist, philosopher, playwright, and screenwriter
“The Fascist New Frontier,” The Ayn Rand Column, p.98
Authority, Economics, Fascism, Power, Property, Socialism