Search results
Results from the WOW.Com Content Network
"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.
The council was created to head any business operations in foreign countries as needed. A very prominent figure was Roman Vidal Salvi. Believed to be an important player to the Squadristi, he moved up in ranks within Mussolini's cabinet as an advisor. However, it was short lived as the two were at odds concerning how to integrate with Germany ...
Mussolini apparently saw it as "a virility issue" and the decline was an attack on his prestige. In the Pesaro Speech of 18 August 1926, he began the "Battle for the Lira". Mussolini made a number of strong pronouncements and set his position of returning the lira to its 1922 level against sterling, "Quota 90".
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 Grand Council of Fascism (Italian: Gran Consiglio del Fascismo, also translated "Fascist Grand Council") was the main body of Mussolini's Fascist regime in Italy, which held and applied great power to control the institutions of government.
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 ...
[1] [2] Mussolini gave this speech in the context of the ongoing Great Depression, and he attempted to explain the economic crisis in the world at the time by arguing that capitalism had gradually degenerated from its original form: first there had been dynamic or heroic capitalism (1830–1870), followed by static capitalism (1870–1914), in ...