Max Castle

So the argument is that libidinal economy is not fascist because it's aristocratic like Marx?

No. The argument is that it's not fascist because it's devoid of fascist content.

Like what would it have to say for you to think it is fascist?

Probably some combination of disparate elements such populist sentiment, nationalist myth, the organic body & natural order, organized economics, consolidation of hierarchy, fear of decline & contamination, and fixation on rebirth.

Lyotard, by contrast, positions political economy in opposition to "natural economy", and the body of the proletariat against the traditional, organic body. By suggesting that people can enjoy the output (the "shit") of consumerism, he is in fact

shitting on the very notion of organized, natural identity - there is literally differentation built in to this, and to suggest the impossibility of this differentiation is in fact to suggest that there is a natural order that has been deviated from.

The attribution of organized economics to fascism is a John Birch smear. It's simply not the case that organization qua organization can be attributed to one side or the other, ideologically or otherwise, in the 20s and 30s

Mmm heavy disagree on this, corporatism cannot be but a system of organized economics.