John Giffing has written an insightful analysis of the trend in America towards fascism: American Jeopardy: What is Fascism?
Here is the introductory paragraph.
Over the years, words lose meaning and often take on new forms that in no way represent their original usage. This can be observed in the now taboo word "fascism." Fascism is now most closely associated with the system of government that effected the slaughter of over 6 million Jews and other political prisoners. But at its core, fascism is really no more than a system where government, through agreements with the private sector, controls virtually all property and income indirectly.