The Dark Chasm of Capitalism

The working class is divided into two fractions: the lower middle class and small farmers. And then there's a series of conflicts in all these countries over the resources of the state, he says. It creates this eventual stalemate as fascism takes power in France, Germany and Italy - where communism and that fascism are rising on an existential collision course. Spain is the farthest back in this process has done the least to create durable and legitimate liberal institutions," writes Pissarro.