"The present economic organization of Fascism is based on the “Corporate State,” the necessity for which is stated to be “Economic Planning.” The Italian word Corporasioni currently translated as “corporation” is misleading, as its import is not our business corporation; it is more nearly that of the old English “guild.” In more modern expression, which again in American terms is not quite precise, the system is based upon the creation separately of Fascist “labor unions” and Fascist “trade associations” in each industry or calling, whose authority through committees and administrators is binding upon all those engaged in that industry or calling,…"
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Presidents of the United StatesEngineers from the United StatesMemoirists from the United StatesGeologists from the United StatesMining engineers
Original Language: English
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pp. 67-68
https://en.wikiquote.org/wiki/Herbert_Hoover
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Herbert Hoover
Herbert Clark Hoover (10 August 1874 – 20 October 1964) was the 31st president of the United States (1929–33). He was a professional mining engineer and was raised as a Quaker. A Republican, Hoover served as head of the U.S. Food Administration during World War I, and became internationally known for humanitarian relief efforts in war-time Belgium. As the United States Secretary of Commerce in the 1920s under Presidents Warren G. Harding and Calvin Coolidge, he promoted partnerships between gove
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