Yes, it could be argued. I understand what you mean, but I don't agree completly. Fascism has a super-powerful state controlling everything, a state lead by a charismatic leader that is meant to know what is to come in history and how to take care of the nation. There is a repression, a censhorip, because a fascist state thinks the ones in the lower sectors, this is the great majority of the people, is not the one who must be in charge of political decisions or even have political consciousness (as far as I understand). Absolut capitalism would have similar consequences, but the main difference here is that there would be no important part for the goverment, and the power would be lead by multinationals. If I have to choose, I choose fascism: I don't like neither, but I prefer a total control of the state- that is meant to somehow take care of the citizens- than a total control of the multinationals, which are only meant to find economical profit. A city under extreme capitalism would be similar to Midgar in Final Fantasy VII.