Capitalists compete by any means necessary. Much like smaller criminal gangs, different groups of capitalists battle one another to secure territory, resources, and exploitable labor–the basis of their profits.They have created the state as a mechanism to manage and protect this ruthless profit-driven system. Through laws, police, prisons, elections, the military, schools, the media, and other institutions, the bosses have built a dictatorship to keep themselves in power—and keep the working class out of power. 

Fascism is a stage of late capitalism in crisis where the liberal democratic veil peels away to reveal a rotting dictatorship. The bosses use state terror to discipline their own class and enforce compliance by the working class–both essential conditions for waging global war. Fascism is marked by more direct and centralized rule, with intensified racism, sexism, and nationalism. 

The Big Fascists are the dominant finance capitalists, principally the multinational banks and oil companies (JPMorganChase, ExxonMobil). They’re trying to build a multiracial, patriotic coalition to back U.S. imperialism and protect their far-flung profits. This is the wing that plays the drums of World War III. 

The Small Fascists are mostly domestically oriented capitalists, spearheaded by the Koch, Mercer, DeVos, and Coors families, along with Richard Mellon Scaife, Harry and Lynde Bradley, John Olin, Peter Thiel, Elon Musk, Rupert Murdoch and a cast of other billionaires. They want to cut taxes for short-term profits and are reluctant to invest in costly ground wars to defend the global U.S. empire. Their agenda includes a racist gutting of social services at home and a retreat from U.S. imperialist alliances, including NATO.