So, hmm.. sure I suppose you could call it McCarthyism seeings as how the GOP has already been trying to tie facism to socialism which are in fact, 2 opposite spectrums.
Actually, facism is simply a tweaking of Marxist socialism, Mussolini, the founder of modern facism, was initially a Marxist. The main difference between marxism and facism, in economic terms, is Marxists want businesses run by government bureaucrats while facists want government bureaucrats to lord over the leaders of business who still decide how to best produce what the government demands they produce. Facists and Marxists are both socialists to a very high degree.
A bit on Hitler's economic policies
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In the 1930s, Hitler was widely viewed as just another protectionist central planner who recognized the supposed failure of the free market and the need for nationally guided economic development. Proto-Keynesian socialist economist Joan Robinson wrote that "Hitler found a cure against unemployment before Keynes was finished explaining it."
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What were those economic policies? He suspended the gold standard, embarked on huge public works programs like Autobahns, protected industry from foreign competition, expanded credit, instituted jobs programs, bullied the private sector on prices and production decisions, vastly expanded the military, enforced capital controls, instituted family planning, penalized smoking, brought about national health care and unemployment insurance, imposed education standards, and eventually ran huge deficits. The **** interventionist program was essential to the regime's rejection of the market economy and its embrace of socialism in one country.
Sounds like left-wing economic policies to me.
A bit more information:
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In 1977, Harvard economist John Kenneth Galbraith wrote in his book The Age of Uncertainty that Hitler "was the true protagonist of the Keynesian ideas."
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Keynes himself even explained that his theories were not incompatible with national socialism. In the forward to the German edition of his book The General Theory (1936), Keynes wrote that "the theory of output as a whole, which is what the following book purports to provide, is much more easily adapted to the conditions of a totalitarian state, than…under conditions of free competition and a large measure of laissez-faire."
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"Most cruel joke of all, however, has been played by Hitler & Co. on those German capitalists and small businessmen who once backed National Socialism as a means of saving Germany's bourgeois economic structure from radicalism. The **** credo that the individual belongs to the state also applies to business. Some businesses have been confiscated outright, on other what amounts to a capital tax has been levied. Profits have been strictly controlled. Some idea of the increasing Governmental control and interference in business could be deduced from the fact that 80% of all building and 50% of all industrial orders in Germany originated last year with the Government. Hard-pressed for food- stuffs as well as funds, the **** regime has taken over large estates and in many instances collectivized agriculture, a procedure fundamentally similar to Russian Communism."