Absolutely agree with a small nitpick. My read of (more recent) history leads me to the idea that the distinction between capitalist and communist nations incrementally eroded (think 1970s onward) until true fascism (merger of corp and state) re-emerged and became the dominant organizing principle for most of the world.
In my humble opinion it should be no surprise that the mere existence of a state itself establishes perverse incentives for corporations to leverage until their power is at least comparable. To that end the state becomes an arm of corporate hegemony and we are left with simple fascism.
What I think confuses the majority of people is that within the left-right paradigm, the current crop of fascists claim to be left-leaning where fascism was understood to be a right-wing ideology. No one asked, but if they did, I would tell them that it's still a far-right ideology, the powers that be are actually far-right, and they use pathological altruism, compassion and politeness (i.e. typical leftism) as a cover for their operations (e.g. "Think of the children")
In my humble opinion it should be no surprise that the mere existence of a state itself establishes perverse incentives for corporations to leverage until their power is at least comparable. To that end the state becomes an arm of corporate hegemony and we are left with simple fascism.
What I think confuses the majority of people is that within the left-right paradigm, the current crop of fascists claim to be left-leaning where fascism was understood to be a right-wing ideology. No one asked, but if they did, I would tell them that it's still a far-right ideology, the powers that be are actually far-right, and they use pathological altruism, compassion and politeness (i.e. typical leftism) as a cover for their operations (e.g. "Think of the children")