Fascist?

Last night on the Glenn Beck Program on Fox (one of the only TV shows I watch anymore) Glenn interviewed Thomas Sowell. When discussing the nature of the US economy as it stands today Beck asked Dr. Sowell: Do you think we're a capitalist nation anymore?

Fascism? While I don't think we meet all the requirements of the textbook definition of fascism - in a way it does make sense to me. The more I watch the news and the more I see the attempt to expand the power of the executive branch - the more I think he could be right.