"Fascism recognizes the social utility of private property, which involves both a right and a duty. ... The National Fascist Party is in favour of a regime that encourages the growth of national wealth by spurring individual initiative and energy ... and it absolutely repudiates the motley, costly, and uneconomic machinery of state control, socialism, and municipalization."
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National Fascist Party, programme, adopted by the Third Congress, Rome, 1921. Quoted in Charles Floyd Delzell, Mediterranean Fascism, 1919-45 Springer, 2 Jul 1971 (p.33). Also in Martin Blinkhorn, Fascism and the right in Europe, 1919-1945 New York : Longman, 2000. (p. 129)
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