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Benito Mussolini came to power in 1922 under a parliamentary coalition until the National Fascist Party seized control and ushered in a one-party dictatorship by early 1925. The growth in Mussolini’s popularity to the extent of becoming a national leader was gradual as would be expected for a leader of any fascist movement. [2]
"State intervention in economic production may take place only where private initiative is lacking or is insufficient, or when are at stakes the political interest of the State. This intervention may take the form of control, encouragement or direct management." [4] Article 13: "The duty of employment is under control of the corporate organs.
Cartels and quasi-cartels (whether of big business or small) set prices, engaged in limiting production, and agreed to divide markets and classify consumers in order to realize a monopoly profit. [136] In the same book, Schweitzer details the triangular power structure that existed between the Nazi Party, big business and the generals in 1936.
Many business and financial leaders believed it would be possible to manipulate Mussolini, whose early speeches and policies emphasized free market and laissez faire economics. [26] This proved overly optimistic, as the Great Depression struck Italy along with the rest of the world in 1929, and Mussolini responded to it by increasing the role ...
The state was given the authority as sole arbitrator over capital-labour negotiations, significantly increasing the power of the state. Overall, it placed Prime Minister Benito Mussolini in a far greater position of control over that of the workers within industry, and acted to effectively ban free trade unions.
The series chronicles Benito Mussolini’s rise to power and is particularly timely as populist leaders are sprouting up all over the world. Based on Italian author …
Government control of business was part of Mussolini's policy planning. By 1935, he claimed that three-quarters of Italian businesses were under state control. Later that year, Mussolini issued several edicts to further control the economy, e.g. forcing banks, businesses, and private citizens to surrender all foreign-issued stock and bond ...
Tariffs on undesirable imports such as consumer goods and foodstuffs kept their high price and restricted demand, protecting Mussolini's Battle for Grain policy. However, Italian workers were pressured into accepting wage cuts to match the new value of the lira to the point where wages fell more than food prices and living standards for working ...