Former Italian dictator, Benito Mussolini, is quoted as saying, “Fascism should more appropriate be called Corporatism because it is a merger of state and corporate power.”
However, The Italian word Mussolini used was corporazione, which means guild, not corporation.
On May 5, 2009, George Whitehurst-Berry, host of the radio show “Crash! Are You Ready?”, pointed out what fascism really is, according to the man who defined the concept — Mussolini.
Whitehurst-Berry pointed out that members of guilds had full liability, whereas modern corporations have limited liability, whereby the private assets and actions of directors, executives and employees of the company are normally immune from civil suits. This is in direct contrast to guilds whereby guild members were personally responsible and liable for their work.
This was reinforced on March 27, 2010, by political and economics analyst, Webster Tarpley, host of “World Crisis Radio,” who is fluent in Italian.
In the second segment of the first hour of the show, he said, “Corporate does not mean corporation in the modern sense of a joint stock company, it means a medieval guild. And a guild, the idea that the ownership and the workers are inextricably linked.“