I use the term fascist to distinguish different kinds of socialism. Simply put, fascists are socialists who are not obsessed with taking your property, at least not directly or immediately. Mainly, they want control: you can own your business but the government will impose all kinds of ridiculous rules & regulations to make it more & more difficult to be profitable and it often makes your life miserable. Sound familiar? In the long run, large corporations figure out how to make the system work for themselves. They can afford the increased up front costs of new regulations so they support them and pass on the costs to the consumer through higher prices. They like this arrangement because it drives out of business smaller competitors and they get more business. In the end, the rich get richer while the poor get poorer and the middle class gradually disappears. Also, the politicians gain more dnd more power while the people gradually lose their freedoms.
This is a simplified version but it covers the basics. There are lots of variations, just like with all "isms", but it's still a form of fascism whether in the U.S., Canada, Europe, or Australia. We witnessed some extreme versions of it during covid. Historical fascism is more complicated because of imperial ambitions, extreme racism, hypernationalism, etc.
“Incline my heart to your testimonies, and not to selfish gain!”
Psalm 119:36