Fascism appeared when liberal ruled failed, economy was captured by an oligarchy.
The laws were ignored by rich, poor didn't believed the system.
People needed a leader loial to them, who has a personal bond.
When the leader failed to deliver, people become more decentralized and more left wing.
The benefits became spread more equally, economy developed and liberal middle class and upper class took control.
Till the economy concentrated in the hand of few, and then system colapsed and fascism appeared again.
The dynamic is very visible in western Europe but not in US, because Franklin Delano Roosevelt broke the cycle and jumped directly to socialism, by his reforms.
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