Part 1 appeared last week. Global corporations are the support base for ultra-right forces. The basis for the ultra-right fascist developments is in the monopolization process. Thus, politics in the U.S. are more and more a reflection of the new level of state monopoly capital.
Fascism always lurks in the bowels of the capitalist system.
Fascist elements and forces arise and subside in accord with the power and strength of state monopoly capital on one side of the equation, and the vigilance and active resistance of the people, especially the working class, on the other. The counterforce to the fascist danger is the fight to preserve, defend and expand all democratic laws, rights, institutions and structures that make up our bourgeois democracy. There are new, antagonistic contradictions in the development of capitalism that are fast becoming explosive, not only in the United States, but on a world scale. The worldwide crisis of capitalism is a reflection of the process of globalization and the privatization process. The capitalist system is sinking into a crisis that will be longer and deeper than ever before.