By 1920 the economy was mussolini domestic policy pdf a massive convulsion — mass unemployment, food shortages, strikes, etc. 1922 under a parliamentary coalition until the National Fascist party seized control and ushered in a one-party dictatorship by early 1925. Before the dictatorship era, Mussolini tried to transform the country’s economy along fascist ideology, at least on paper.
In fact he was not an economic radical, nor did he seek a free-hand in the economy. Italian economy grew more than 20 percent under his influence. To proponents of the first view, Mussolini did have a clear economic agenda, both long and short-term, from the beginning of his rule. The government had two main objectives — to modernize the economy, and to remedy the country’s lack of strategic resources. Before the removal of Alberto De Stefani, Mussolini’s administration pushed the modern capitalistic sector in the service of the state, intervening directly as needed to create a collaboration between the industrialists, the workers, and the state. In the short term the government worked to reform the widely abused tax system, dispose of inefficient state-owned industry, cut government costs, and introduce tariffs to protect the new industries.
But these polices ended after Mussolini took dictatorial controls and terminated the coalition. The lack of industrial resources, especially the key ingredients of the industrial revolution, was countered by the intensive development of the available domestic sources and by aggressive commercial policies — searching for particular raw material trade deals, or attempting strategic colonization. This agreement assisted Mussolini’s effort to have the Soviet Union officially recognized by Italy in 1924, the first western nation to do so. Soviet Union, Fascist Italy became a major trading partner with Stalin’s Russia, exchanging natural resources from Russia for technical assistance from Italy, which included the fields of aviation, automobile, and naval technology. Mussolini abandoned the theory of class struggle for class collaboration. Syndicalists were productivists, rather than distributionists.
Mussolini spent Italy into a structural deficit that grew exponentially. In Mussolini’s first year as Prime Minister in 1922, Italy’s national debt stood at 93 billion lire. Italy’s national debt had risen to 148,646,000,000 lire. Italy’s national debt as 405,823,000,000 lire. A former school teacher, Mussolini’s spending on the public sector, schools and infrastructure was considered extravagant. European nations and in some respect was more progressive. It is like your New Deal!
1922 and 1942, compared to only 60 million lire between 1862 and 1922. The Fascist government began its reign in an insecure position. 1912 law that created a State Institute for insurances, which had envisioned construction of state monopoly ten years later. The levels of capital movement became so great the government attempted to intervene.