this post was submitted on 28 Sep 2024
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Capitalism in Decay

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Fascism is capitalism in decay. As with anticommunism in general, the ruling class has oversimplified this phenomenon to the point of absurdity and teaches but a small fraction of its history. This is the spot for getting a serious understanding of it (from a more proletarian perspective) and collecting the facts that contemporary anticommunists are unlikely to discuss.

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For our purposes, we consider early Shōwa Japan to be capitalism in decay.

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During the fascist period, a series of commercial accords between Norway and Italy were successfully concluded thanks to parallel cultural diplomacy. These agreements were organized through an arrangement that was defined as ‘clearing’, organized through an exchange of goods between the two countries. The clearing operations were often used in trade relations between Norway and other countries. According to Einar Lie, the clearing system was the result of a weak financial position that limited credit opportunities for Norway.⁷¹

1933 ended with an increase in exports to Norway for a total of 10,701,000 Norwegian kroner against imports of 19,094,600. [Fascist] Italy therefore aspired to increase exports to Norway in such a way that the figures were balanced to [Fascism’s] advantage. [Fascist] Italy ‘fully absorbs the production of cod, stockfish and dried fish in general from Norway’, and was thus Norway’s most important customer in the trade of these products.

According to a commercial report drawn up by the Italian Legation, in addition to fish, [Fascist] Italy imported cellulose, cod liver oil, newspaper paper, copper, nickel, chromium, leather, fur, and whale fat from Norway. [Fascist] Italy for its part exported salt, bran, citrus fruits, walnut flour, almonds, hazelnuts, tomato paste, linen fabrics, wool, jute and canvas, artificial silks, hats, tires, and cars. Usually, [Fascist] merchant ships unloaded their cargoes in the ports of Tromsø, Trondheim, or Lofoten.⁷²

The [Fascist] government was able to make important sales contracts with Norway and, in addition to traditional sectors such as fishing, began to sell ships and planes to Norway. These were the contracts that most interested the fascist authorities and that [Fascist] Italy aspired to consolidate. The sales of aircraft and ships would not only increase the number of exports, but also enhanced the prestige of the [Fascist] mechanical industry.

In 1934, the [Fascist] company Breda sent a seaplane purchased by the Norwegian navy to Norway.⁷³ It was one of the first contracts of this type, followed by many others. These agreements often entailed skilful diplomatic work that in many cases involved intermediaries residing in Norway, and who therefore knew the reality of the country and the language.

On 8 August 1934, a telegram was sent to the Ministry of Foreign Affairs, in which it was communicated that it had ‘happily flew from Italy to the military airport of Horten, the first of the Breda seaplanes’. Upon arrival, the Legation secretary announced: ‘I was accompanied by the sales representative Luzi, and I had the opportunity to personally ascertain the full satisfaction of the local aviation authorities’.⁷⁴

On 2 October 1935, with the [Fascist] invasion of Ethiopia, the relations between the two countries reduced. As highlighted above, Norway officially disapproved of the invasion, and the Norwegian press was very critical. The Italian Legation in Oslo tried in every way to regain the Norwegian market and to unblock ‘a series of projects and conventions presented at various times’.

Despite the apparent Norwegian hostility towards [Fascist] Italy, the slowdown in relations between the two countries was strongly felt also by the Norwegian economy, to the extent that Norwegian authorities grew concerned about a rupture in commercial activities.

The Norwegian authorities were led to define the sanctions imposed on [Fascist] Italy as ‘unhappy’, ‘in which we took part during the Ethiopian war’. ‘The Norwegian fishmongers suffered, suffer and will suffer considerable losses following Norway’s participation in punitive action against one of the main buyers of our products’.⁷⁵

After just over a year, the tensions between the two countries eased, and commercial transactions resumed even more strongly than before, to the great satisfaction of the [Fascists] and Norwegians. In 1937, through a clearing operation, Norway purchased five Fiat production fighter planes. The purchase was preceded by numerous trips to [Fascist] Italy by Colonel Trygve Klinge[n]berg, Norwegian Air Force Chief Inspector, who had visited many [Fascist] factories in order to find a convenient plane for military aviation in his country.

The colonel expressed great satisfaction with the treatment received [under Fascism], declaring that he had found an atmosphere of real sympathy for Norway. The agreements seemed to satisfy both parties and were met with much approval in the Norwegian newspapers.⁷⁶

A new compensation agreement was signed between the Bergen group of fish exporters through director Nil[s] Marthinussen and Oslo’s Fiat Norsk–Italiensk. It included the exchange of 120 Fiats for 450,000kg of fish.

Again in 1937, the Norwegian trade minister enthusiastically communicated a new compensation agreement that ‘will drain all the dry fish warehouses’ and was reported by the main Norwegian newspapers, including Arbeiderbladet, Dagbladet, and Aftenposten.⁷⁷ [Fascist] Italy purchased from Norway 7,100 tons of dried fish at a value of more than 5 million crowns.

[Fascist] Italy, for its part, provided to the Norwegian company Bergenske two ships of 9,000 tons and a speed of 19 knots. The price of the boat was around 6 and a half million Norwegian kroner, of which 60 per cent would have been paid in fish.⁷⁸

The ship was to be used by Norway for the Bergen–Newcastle line in the spring of 1938. The Minister of Commerce, Alfred Madsen, communicated the news to the Norwegian media with great satisfaction. From the Lofoten Islands and from the Finnmark region in the far north, great happiness was expressed, as the fish warehouses were entirely emptied and the entire fish production for the year was sold. This greatly boosted the economy of the poorer regions of northern Norway.⁷⁹

On 13 September 1937, the Italian Legation sent a telegram to the Ministry of Foreign Affairs to communicate that the Trolla steamer in Trondheim had left for [Fascist] Italy with 1,000 tons of Lofoten stockfish purchased by the Glipesco company in Rome.⁸⁰

(Emphasis added.)


Click here for events that happened today (September 28).1937: The Boletín Oficial del Estado officiated the ‘Fiesta Nacional del Caudillo’, the first time that somebody referred to Francisco Franco as the Caudillo. Meanwhile, Mussolini and Schicklgruber spoke together at a famous rally in Berlin. While the League of Nations officially condemned the Imperial bombing of Chinese cities that day, two of the League’s members, Britain and France, balked at the Spanish Republic’s demand to condemn Germany and Italy as aggressors and allow arms exports to the Spanish government, fearing it would worsen the general situation in Europe.
1939: The siege of Warsaw ended. Coincidentally, Berlin and Moscow renegotiated their Spheres of Influence.
1940: At 1000 hours, over a great hundred of Axis flightcraft crossed the coast of Kent in southern England in two waves, but Alliued fighters intercepted most of them, and only six bombers were fit to reach London to release their bombs. At 1330 hours, thirty‐five Axis bombers escorted by one hundred twenty‐five fighters attacked targets in Kent; this group turned back by 1410 hours. At 1415 hours, sixty Axis flightcraft flew toward Portsmouth, southern England from Cherbourg, France; the Allies intercepted them over the English Channel, they released their bombs into the water, and they returned to base. Although most Luftwaffe missions failed to reach their targets, the kill ratio of the day favored the Axis: sixteen Allied fighters were shot down with nine pilots dead, while the Axis only lost six fighters. Overnight, the Luftwaffe heavily bombed London, while also assaulting Liverpool; Axis aircraft mined the Thames Estuary.
1941: The Axis occupation in northern Greece now faced the Drama uprising. Less importantly, the Oak Leaves and Swords to the Knights Cross of the Iron Cross award, along with the Oak Leaves, Swords, and Diamonds to the Knight’s Cross of the Iron Cross, both became established in the German Reich.
1942: Axis bombers attacked Colchester and Broadstairs, England, and Erwin Rommel telephoned Hans‐Joachim Marseille because he wanted accompaniment to Berlin for a speech at the Berlin Sportpalast. Marseille rejected the offer, citing his wish to save his leave time to marry Hanne‐Lies Küpper later in the year.
1943: The Axis recaptured Split, Dalmatia from the partisans, and Axis occupation troops fought against the resistance in the Materdei district, the Vomero district, the Porta Capuana city gate, the Castel Nuovo fortress, the Sant’Anna dei Lombardi church, and other locations in Naples.
1944: Beginning on this date and through the following month, about 18,402 prisoners from Theresienstadt transferred to Auschwitz, and Axis Air Force III/KG3 flew twenty sorties yet lost two of their flightcraft. The Axis also surrendered Calais Citadel in France after further intensive bombing raids by Allied bombers (but there were a few isolated pockets of resistance). Lastly, the grand Shinto shrine in Lushun, the Empire of Manchuria (Liaoning Province, China), having its construction completed in March that year, held its opening ceremony.

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