• 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. Discuss the extent to which the economic theories in the Market's Reader can be ...

    The combination of speed and knowledge results in efficient narrowcasting through integrated communication (3) and a more direct link with the consumer, which enhances business-consumer relationships. 4-globalization Communication networks are not only restricted to regional connection; it also includes global connections.

  2. The Quest for Optimal Asset Allocation Strategies in Integrating Europe.

    asset class (either industries or countries), and one for the benchmark plus the test asset (so both industries and countries). The test then compares the tangency portfolios and test whether they are "close" to each other in mean-variance space or not.

  1. The Ohio Pilot Scholarship Program

    How different are the more naked expressions of self-interest by Paul and Olga from the life that folks in Willowdale, Toronto live? Do not both express the philosophy that life itself is the highest good? And although the process of urbanization expresses and privileges this life philosophy, does it not also pose dangers to the place of the city?

  2. Supply side policy.

    supply-side policies for product markets All of the policies in the product market are designed to increase competition, and so efficiency. If the productivity of an industry improves, then it will be able to produce more with a given amount of resources, shifting the LRAS curve to the right.

  1. How Capitalism works.

    Competition among employers for workers and among workers for jobs also helps set wage rates. Businesses need to pay wages high enough to attract the workers that they need. When jobs are scarce, however, workers may accept lower wages than they would when jobs are plentiful.

  2. Free essay

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

    All these suggestions will be analysed further later on. I will now investigate how much of my household's waste is recycled and how much more could be recycled. It will be done by weighing an empty bin after the waste is collected from the bin then it will be weighed again a week later before it is collected.

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