So argues Bill Anderson here.

Now, “fascist” has come to be nearly an all-purpose political epithet, but it has a specific meaning. Fascists favor government control over the economy, but not through outright confiscation of private property. Instead, it’s to be accomplished through a vast network of laws and regulations that leave the owners holding paper titles but acting as puppets of the state. That is precisely what Krugman (and his political darling, John Edwards) want.

If you loathe Krugman, Edwards, or both, you’ll enjoy Anderson’s piece.