Thomas, welcome back to the program, sir.

BECK: So let me start with that question — are we are still a capitalist country?

SOWELL: Oh, heavens. Partially.

We're not a socialist country, because the socialists believe in government ownership in the means of production, but the fascists believe that the government should have private ownership and the politicians should tell people how to run the businesses. So that's the route we seem to be going.

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SOWELL: The private people still own the businesses but the politicians tell them what to do.

BECK: Right, but isn't that — I'm trying to remember, that's —

SOWELL: That's fascism.

BECK: Yes, I was going to say, I knew it was a bad one. And I was going to say, I think that's fascism. Yeah. OK. Well you're a crazy lunatic. Why would you say we're going down a fascist road?