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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".
In general, fascist governments exercised control over private property but they did not nationalize it. [7] Scholars also noted that big business developed an increasingly close partnership with the Italian Fascist and German Nazi governments after they took power. Business leaders supported the government's political and military goals.
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 ...
To depose the weak parliamentary democracy, Deputy Mussolini (with military, business and liberal right-wing support) launched the PNF March on Rome (27–31 October 1922) coup d'état to oust Prime Minister Luigi Facta and assume the government of Italy to restore nationalist pride, restart the economy, increase productivity with labor ...
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 ...
A recent survey shows small business owners are feeling more optimistic about the economy following the election. The Uncertainty Index declined 12 points in November to 98, following October’s ...
An exception was historian Renzo De Felice (1929–1996), whose Mussolini's Biography, four volumes and 6,000 pages long (1965–1997), remains the most exhaustive examination of public and private documents about Italian Fascism and serves as a basic resource for all scholars.
A trade group has asked the incoming Trump administration to consider a "comprehensive plan" for updating the U.S. Securities and Exchange Commission's regulatory framework for investment ...