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THE COMING 
AMERICAN 
FASCISM
THE COMING 
AMERICAN 
FASCISM 
By 
LAWRENCE DENNIS 
Author of “Is Capitalism Doomed!’' 
HARPER & BROTHERS PUBLISHERS 
New York and London 
1 93 6
.7 
, X>3G
IOQ-3 
THE COMING AMERICAN FASCISM 
Copyright, 1936, by Harper & Brothers 
Printed in the United States of America 
All rights in this book are reserved. 
No part of the book may be reproduced in any 
manner whatsoever without written permission. 
For information address 
Harper & Brothers 
FIRST EDITION 
L-K
CONTENTS 
I. The Crisis of a System: It Won’t Work 
II. Can We Return to the Pre-war Bases? 
*4 
III. Can We Resume Consumption Financ¬ 
ing on Credit? 
2-7 
IV. Can the System Carry Perpetual De¬ 
pression?  40 
V. Can We Reorganize under the Present 
System? 
54 
VI. Reduce Debt to Allow New Financing  68 
VII. A Debtless Economy the Ideal Formula 
79 
VIII. Can We Restore Flexibility without 
Planning?  89 
IX. Planning: A Problem in Value Choices  104 
X. Planning: The Force Factor  116 
XI. State Absolutism  130 
XII. The Dictatorship of Economic Necessity 
*39 
XIII. The National Plan: An Expression of 
the Popular Will  x49 
XIV. Why Fascism Instead of Communism?  1:63 
XV. Enlarging the Market: A Financial 
Problem  182. 
XVI. Control: The Problem of Political Or¬ 
ganization  *97 
Y 
7
CONTENTS 
VI 
XVII. 
Control: Making Good Citizens 2.1 i 
XVIII. 
The Inevitability of the Leadership of 
the Elite 2.2.9 
XIX.  244 
The Elite Assume Responsibility 
XX.  2.58 
Fascism and Woman 
XXI. 
The Fascist Idea of National Interest 
in Foreign Relations irjo 
XXII. Objectives in Foreign Relations l8i 
XXIII.  197 
The Party; Organization for Action 
Index 309
INTRODUCTION 
This book is addressed to the thoughtful who are not fright¬ 
ened by new and unpopular terms and concepts. If liberal 
capitalism is doomed, a fight for a lost cause will impose on 
mankind the most futile sort of suffering. The British Mer¬ 
cantilist System of the 18th Century and the Soudiern Planter- 
Slavery System of the pre-industrial-revolution period each 
fought on American soil an utterly futile and foolish war to 
save what was doomed by the inevitable and irresistible trend 
of social changes. If the present system, or more particularly, 
those features of it which are challenged by current trends be 
doomed, the longer and harder the fight waged to preserve it, 
the greater will be the suffering and losses of the people. 
Assuming that the old system is doomed, the basic premise of 
this book and an assumption which current events surely render 
probable enough to be entertained as an hypothesis in explora¬ 
tory thinking about the near future, What are the possible 
alternatives to ultimate social disintegration and chaos? Most 
intelligent observers of the changing scene, whatever their per¬ 
sonal preferences and prejudices, are agreed that, in the event 
the present system is not soon made to work better, the alter¬ 
natives fall into the broad classifications of fascism or com¬ 
munism. 
Precise definition of these two terms, now on every one’s 
lips, should give us little concern. Officially, communism is 
whatever the latest encyclical from Moscow says it is, while the 
fascism of every fascist country is whatever its authorized fascist 
exponents proclaim it to be. Actually, of course, terms like 
communism and fascism, just as terms like Christianity, Ameri¬ 
canism, or due process of law, must mean many different and 
often mutually exclusive things to different people. It is always 
possible to sustain two or more sides to an argument about the 
precise meaning of terms which, in the nature of things, can- 
vii
INTRODUCTION 
Vlll 
not have a fixed definition like that of an English yard or a 
French metre. Still, if we are to have intellectual discourse, we 
must use terms like Christianity, fascism, socialism and so 
forth, in the expectation that other parties to the discussion will 
accept such terms in the sense in which they have come to be 
currently used and in the broad and almost undefinable sense in 
which we accordingly use them. Naturally, if a party to the 
discussion refuses to accept a term in a sense acceptable to the 
other parties, discussion must end. 
In the case of the term fascism as applied to a social scheme 
yet to be developed in this country or as a term applied to the 
mere advocacy of such a scheme, it should be clear that no argu¬ 
ment about the correct use of the term fascism can now be 
settled by an appeal to authority. Certainly Signor Mussolini, 
Herr Hitler or an American college professor who has written 
a book against fascism cannot be appealed to as an authority 
to define what fascism for America would be like. Obviously 
the official definition given the coming American fascism will 
be that of its authorized party exponents. This definition is not 
likely to call the American fascism by that name. It is much 
more likely to include an emphatic denial that the new Ameri¬ 
can fascism is fascism. And it is fairly certain, if it follows the 
precedents of other important party platforms and propaganda, 
to say that the official American fascism, probably called by 
another name, is a great many things which it clearly is not. 
This book is essentially one man’s definition of what a desir¬ 
able fascism, in his way of thinking, would be like. For obvious 
reasons, it cannot be a definition of the future American 
fascism, called by that or any other name. In discussing future 
social developments we can talk to some point about desirable 
and undesirable possibilities and probabilities. As these are 
largely matters of speculation and deduction from the limited 
field of the known to the unlimited field of the unknown and 
future unknowable, such discussions cannot deal in certainties 
nor can they to any good purpose give much time to questions 
of pure terminology respecting what admittedly lies still in the 
womb of time.