PRIMARY SOURCES ON MUSSOLINI'S CRONY CAPITALISM
Materia: Historia moderna
It may be argued that Mussolini (1883-1945, dictator of Italy 1922-1943) invented modern crony capitalism. Although he described himself as a socialist, he rejected the Marxist version. As he saw it, the state would not own the economy. Ownership would nominally remain in private hands, although the state would exercise total control. Government control without direct ownership had the advantage that when the economy did well, the state could take credit. When the economy did poorly, private parties could be blamed. Prior to the debacle of World War II, many of Mussolini's policies were admired by democrats...
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