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Both theoretical analysis as well as the rich historical experience of the last quarter of a century have demonstrated with equal force that fascism is each time the final link of a specific political cycle composed of the following: the gravest crisis of capitalist society; the growth of the radicalization of the working class; the growth of sympathy toward the working class, and a yearning for change on the part of the rural and urban petty bourgeoisie; the extreme confusion of the big bourgeoisie; its cowardly and treacherous maneuvers aimed at avoiding the revolutionary climax; the exhaustion of the proletariat; growing confusion and indifference; the aggravation of the social crisis; the despair of the petty bourgeoisie, its yearning for change; the collective neurosis of the petty bourgeoisie, its readiness to believe in miracles, its readiness for violent measures; the growth of hostility towards the proletariat, which has deceived its expectations. These are the premises for a swift formation of a fascist party and its victory.