Im not sure; while fascism is certainly the logical conclusion of lieralism. And we can observe so in the protofascist regimes in early 20th century mexico and turkey. i think liberalism is paraphiletic to fascism sort of like reptiles are to birds. The material conditions that enable one over the other are distinct enough, and the core ideological asumptions seem to be different.
fascism as an ideology is still at it’s core a defense of capitalism. liberalism has many flavors but it includes everything that exists to support, reinforce, and defend the capitalist project. fascism is only different in that the violence liberalism wreaks in the colonies are turned inwards, towards the nations of the imperial core. but violence itself is a central pillar of all ideologies and it does not differentiate liberalism from fascism.
