The mainstream media and even Democrats have been slow to call Mitt Romney's deliberate falsehoods "lies." But after just calling them what they are, it is also important to analyze their meaning. Lies on Romney's scale do not simply show contempt for the intelligence of American voters. They show contempt for democracy, and display some of the features of capitalist dictatorship of a sort that was common in the late twentieth century. Mohammad Reza Pahlevi in Iran, Alfredo Stroessner in Paraguay, Park Hung Chee in South Korea and P.W. Boetha in South Africa are examples of this form of government. Capitalist dictatorship has declined around the world in favor of capitalist parliamentarism, in part because of the rising power of middle and working classes in the global South.
Capitalist dictatorship has many similarities to fascism, but differs from it in lionizing not the workers of the nation but the entrepreneurs of the nation. Fascism seeks a mixed economy, whereas capitalist dictatorship privileges the corporate sector and attacks the non-military public sector. But both try to subsume class conflict under a hyper-nationalism. Both glorify military strength and pick fights with other countries to whip up nationalist fervor. Both disallow unions, collective bargaining and workers' strikes. Both typically privilege one ethnic group within the nation, marking it as superior and setting up a racial hierarchy.