The US Republic and Its Transformation into an Oligarchic Tyranny
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Moniz Bandeira offers a historical analysis about the increasing influence of the financial-military complex on the US politics between the 1920s and 1939–1945. Its conceptual reference is the phenomenon of mutazionne dello stato, with the republic transforming into a tyranny when the oligarchy and financial capital are no longer capable of maintaining balance in society through the normal means of repression, as in Italy and Germany in the 1920s and 1930s. The same process was in full swing in the United States during the same period, as large parts of the American business community feared communism, admired fascism, and cooperated with the rise and consolidation of Adolf Hitler’s tyranny. In 1933, Wall Street financiers planned to overthrow President Roosevelt in a fascist coup.