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Exclusive Preview: The Road to Fascist Government Control of the Economy

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As a special preview, we’re sharing a free article from the Winter 2025/26 issue of The Independent Review, on newsstands now. Buy the full issue on our website, through our app, or at your local Barnes & Noble or Books-A-Million—and be sure to subscribe so you never miss an upcoming issue.
This article connects Charlotte Twight’s idea of economic fascism to public-choice theories, including rent seeking and regulatory capture, to explore how government policies favor well-connected insiders. It concludes that while the U.S. economy has the economic prerequisites for fascism, America’s democratic institutions have historically prevented full fascist emergence by limiting the power of political elites.
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