Taking the definition in the last paragraph, I guess the United States government as it functions today would properly be termed a social democracy. Projecting Bernie Sanders into the discussion vs whomever else, is just a matter of degree with respect to what we currently practice, right?
Or taking that same paragraph, and emphasizing the power of business interest groups such as the banking sector and their impact on both the government and federal reserve policy, fascism might be the appropriate definition I would think.
It's interesting that its so difficult to find any kind of consensus as to what our economic/government system actually is.
Last edited: Apr 14, 2016