I believe Doog was right at a point in the past, and that’s certainly how I learned the term. I now refer to these as “classical liberalism/conservatism” because it does not represent current political parties. Both sides are equally as chaotic and as authoritarian.

Your definition of fascism is also a more historical one, and I believe more accurate. In Stalin’s own words:

“The Fascist conception of the State is all-embracing; outside of it no human or spiritual values can exist, much less have value. Thus understood, Fascism is totalitarian, and the Fascist State – a synthesis and a unit inclusive of all values – interprets, develops, and potentiates the whole life of a people.

Fascism is a religious conception in which man is seen in his immanent relationship with a superior law and with an objective Will that transcends the particular individual and raises him to conscious membership of a spiritual society. Whoever has seen in the religious politics of the Fascist regime nothing but mere opportunism has not understood that Fascism besides being a system of government is also, and above all, a system of thought.”

Unfortunately, I’m going to have to ride with my boy George Orwell on how the word is used now:

“...the word 'Fascism' is almost entirely meaningless. In conversation, of course, it is used even more wildly than in print. I have heard it applied to farmers, shopkeepers, Social Credit, corporal punishment, fox-hunting, bull-fighting, the 1922 Committee, the 1941 Committee, Kipling, Gandhi, Chiang Kai-Shek, homosexuality, Priestley's broadcasts, Youth Hostels, astrology, women, dogs and I do not know what else ... Except for the relatively small number of Fascist sympathisers, almost any English person would accept 'bully' as a synonym for 'Fascist'. That is about as near to a definition as this much-abused word has come.”