• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

To what extent can fascist economic policy in the years 1924-1939 be seen as an alternative neither capitalist nor communist

Extracts from this document...

Introduction

To what extent can fascist economic policy in the years 1924-1939 be seen as an alternative neither capitalist nor communist? Mussolini and the facsisits believed in the corporative state. Mussolini in theory believed that this was the state whereby all economic activity and political life would be organized through corporations with both workers and employers involved. Mussolini saw the corporative state as the third way between communisim and capitalism. He saw it as a way of removing labour problems and creating an efficient economy. The corporate state existed more in theory rather than in practice. Italy had emerged from WWI in a poor and weakened condition. An unpopular and costly conflict had been borne by an underdeveloped country. Post-war there was inflation, massive debts and an extended depression. By 1920 the economy was in a a massive disaster - there was mass unemployment, food shortages, strikes, etc. Mussolini came to power in 1922 and transformed the country's economy along fascist ideology. But the question is did he really do this ? ...read more.

Middle

In the 'new' Corporative State, for example, strikes would be illegal and labor disputes would be controlled by a state agency. In theory the fascist economy was to be guided by a complex network of employer, worker, and jointly run organizations representing crafts and industries at the local, provincial, and national levels. At the top this network was the 'National Council of Corporations.' but although syndicalism and corporativism had a place in fascist ideology and were critical to building a consensus in support of the regime, the council did little to steer the economy. The real decisions were made by state agencies such as the Institute for Industrial Reconstruction among interest groups. Corpotativism was merely a novel view that still continued to favour capitilsim. Beginning in 1929, in preparation for achieving the "glories" of war, the Italian government used measures to turn the economy toward autarchy, or economic self-sufficiency. The autarchic policies were intensified in the following years because the effects of the depression and the economic sanctions that other countries imposed on Italy after it invaded Ethiopia. ...read more.

Conclusion

Mussolini designed his system to cater to the needs of the state and to meet fascist capitilist ideology, not to meet the needs of it's consumers. In the end, it proved to serve neither the state nor it's consumers. To conclude Although the Italian system was based upon unlimited government control of economic life, it still preserved the framework of capitalism. Legislation of 1926 and later years set up 22 guilds, or associations, of employees and employers to administer various sectors of the national economy. These were represented in the national council of corporations. The corporations were generally weighted by the state in favour of the wealthy classes, and they served to combat socialism and syndicalism by absorbing the trade union movement. The Italian corporative state aimed in general at 'reduced consumption in the interest of militarization.' Overall the corpartive state as a social and economic system was not a third way between the free market and communism. It was merely another form of totalitarianism that sought to "combine its general totalitarianism with the individualistic character of society." Such policy created an extreme interventionist state whose chief production agent was the government-created monopolist. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE Economy & Economics section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related GCSE Economy & Economics essays

  1. What is a capitalist (market / free) economy? The capitalist system operates on the ...

    Competition and Unrestricted Markets: Competition is rivalry between sellers in the aim of attracting consumers to buy their products. For this to occur, it is necessary that there is a large number of sellers, and that theses sellers have the freedom to enter or leave the market whenever they find it fit.

  2. Causes of the Great Depression

    Using the example of RCA, a Mr. John Doe could buy 1 share of the company by putting up $10 of his own, and borrowing $75 from his broker. If he sold the stock at $420 a year later he would have turned his original investment of just $10 into

  1. Split Votes: A Nation Divided on the Marijuana/Drug Legalization Debate

    by Rogier Van Bakel all ridicule prohibition and/or promote legalization. Bakel's harsh language and cutting imagery condemn the local prohibition policies and call for a legalization of marijuana. Kinsley criticizes the government's moral/critical stance on drugs and suggests people be allowed to do what they want with and to their bodies.

  2. Retailing In India - A Government Policy Perspective

    The entry into retailing by MNC brands has driven the growth of specialty chains and upgraded the standards of existing multi-brand outlets. South India - most notably Chennai, and, to a lesser extent, Bangalore and Hyderabad - has emerged as a centre of organized retailing.

  1. Monetary policy of a globalised economy

    which commercial banks and other depository institutions can borrow reserves from a regional reserve bank. 3. Reserve requirements policy- setting and changing the legal reserve ratio requirements on deposits with banks and other financial institutions. Monetary policy in an open economy.

  2. Supply side policy.

    So, allowing people more money to spend and then accepting that purchases included larger tax contributions. It was also supposed to promote innovation, risk and an enterprise culture. * Privatisation and efficiency, productivity and competitiveness * De-regulation and the breaking of barriers to entry and restrictive practices, whish freed up markets and made them more contestable.

  1. How Capitalism works.

    A firm may lose money instead of earn a profit if sales fall too low or costs run too high. The profit motive also encourages firms to operate efficiently. By saving time, energy, and materials, a firm can cut its production costs.

  2. Free essay

    From an economic perspective should my council do more to recycle a greater proportion ...

    In addition, it will show what materials are being recycled and whether any other materials can be recycled. This will show whether the household is recycling to its full potential or if there is a lot of room for improvement.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work