How successful were Giolittis domestic and foreign policies? Did he stabilise the political system?

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William Harbord-HamondSaturday 15th September 2012

How successful were Giolitti’s domestic and foreign policies? Did he stabilise the political system?  

Giovanni Giolitti was Prime Minister of Italy for 8 years between 1903-1914. His policies would really sit in the middle of any conflict but did they stabilise the political system.

        Giolitti introduced a lot of socio-economic reforms, which should immediately please the Socialists. In 1893, Giolitti introduced the Bank of Italy, which was supposed to be a ‘lender of last of resort’ this marked the end of financial instability in Italian Banking and gave people better access to long term credit. This would have pleased the Industrialist and the Rich as it meant more money for mass production. The balanced budgets led to ‘judicious government spending’ mainly on stuff in the South, like Southern roads and aqueducts. This pleased nearly everybody especially Southerners as they were being helped out. It would have also given confidence to investors to trust Italy’s economy. Then in 1902 the Supreme Council of Labour was created this allowed trade unions a role in preparation of social legislation. This pleased the workers as they were now being represented by an organisation and it meant that factories were nicer places to work. Furthermore, he passed laws banning child labour and limiting women to working 11 hours a day. Once again this would have pleased the workers, as there was now more employment for men. Giolitti brought in another reform to please the workforce, which was; a national insurance provision for sickness and old age; he also introduced a weekly ‘day off’. Finally he promised a social reform programme in 1911 but scraped it as he decided to go to war instead.

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        However, these socio-economic reforms did not please everyone. The judicious government spending infuriated the Socialists as the wanted even more spending. The Supreme Council of Labour irritated Factory Owners and other industry leaders because it gave the workers a voice and therefore more power. It also made it easier to have strikes. Moreover, the ban on child labour also annoyed the factory owners as child labour was extremely cheap and now they couldn’t employ women as they weren’t allowed to work 11 hours a day. In addition all these socio-economic reforms angered the Nationalists who wanted increased army spending.

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