No they don't, at least not anymore (if they ever really did.) They believe government shouldn't regulate business and shouldn't provide social welfare or invest in scientific research that doesn't align with their political ideology, but they absolutely believe in having a trillion dollar military industrial complex.
It comes down to culture and society. A democratically elected government should ideally be there to represent the interests of the masses as a way to counteract the inevitable power of the wealthy elite. But when those same wealthy elite spend decades and billions of dollars to brainwash the masses by owning all the media companies and influencing school curriculums and so on, I don't see how the masses stand a chance over the long term.
That's how billionaires became so much richer under Trump, while the rest of the country goes to shit. And that's a common symptom of fascism: a merging of the State's and corporate interests.
Hitler was sponsored by the industrialists of its nation. So was Mussolini. So is Putin. So is Trump.
"Capitalism is incompatible with democracy" is the one lesson I hope people finally learn by the end of this century.
When was that supposed to have happened?
TL;DR A global cabal of pedophiles runs the world