Heroic Capitalism
Heroic capitalism or dynamic capitalism was a concept proposed by Benito Mussolini in a speech given in November 1933 to the National Council of Corporations of the Kingdom of Italy.Falasca-Zamponi, Simonetta. ''Fascist Spectacle: The Aesthetics of Power in Mussolini's Italy''. p. 136.Salvemini, Gaetano. ''Under the Axe of Fascism''. 2006. p. 132-133. The speech was given in the context of the ongoing Great Depression, and Mussolini attempted to explain the economic crisis in the world at the time by arguing that capitalism had gradually degenerated from its origins: first there had been dynamic or heroic capitalism (1830–1870), followed by static capitalism (1870–1914), in turn followed by the final form of decadent capitalism, known also as supercapitalism, which began in 1914.Mussolini, Benito. ''Four Speeches on the Corporate State: With an Appendix Including the Labour Charter, the Text of Laws on Syndical and Corporate Organisations and Explanatory Notes''. Laboremus, 1935 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Benito Mussolini
Benito Amilcare Andrea Mussolini (; 29 July 188328 April 1945) was an Italian politician and journalist who founded and led the National Fascist Party. He was Prime Minister of Italy from the March on Rome in 1922 until his deposition in 1943, and "Duce" of Italian Fascism from the establishment of the Italian Fasces of Combat in 1919 until his execution in 1945 by Italian partisans. As dictator of Italy and principal founder of fascism, Mussolini inspired and supported the international spread of fascist movements during the inter-war period. Mussolini was originally a socialist politician and a journalist at the ''Avanti!'' newspaper. In 1912, he became a member of the National Directorate of the Italian Socialist Party (PSI), but he was expelled from the PSI for advocating military intervention in World War I, in opposition to the party's stance on neutrality. In 1914, Mussolini founded a new journal, ''Il Popolo d'Italia'', and served in the Royal Italian Army durin ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
National Council Of Corporations
The National Council of Corporations (''Consiglio nazionale delle corporazioni'') was a constitutional organ of the Kingdom of Italy between 1930 and 1943. History It was established by royal decrees number 1131 of 2 July 1926 and 1347 of 14 July 1927 and inaugurated on 22 April 1930. After this, the law 206 of 20 March 1930 stated its organization and functions, turning it into a constitutional organ. In a speech at this inauguration, Benito Mussolini stated "the National Council of Corporations is to the Italian economy what the Staff is in the Armed Forces - the thinking brain which prepares and coordinates". Law 10 on 5 January 1939 reformed the Council and from that year onwards its members were the same as the members of the Chamber of Fasces and Corporations, also set up in 1939. It was suppressed by the royal decree-law of 9 August 1943, number 721. Structure The head of government either chaired the Council or delegated that role to the Minister for Corporations. Chairi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Fascist Italy (1922–1943)
The Kingdom of Italy was governed by the National Fascist Party from 1922 to 1943 with Benito Mussolini as Prime Minister of Italy, prime minister. The Italian Fascism, Italian Fascists imposed Authoritarianism, authoritarian rule and crushed political and intellectual opposition, while promoting economic modernization, traditional social values and a rapprochement with the Roman Catholic Church. According to Payne (1996), "[the] Fascist government passed through several relatively distinct phases". The first phase (1922–1925) was nominally a continuation of the parliamentary system, albeit with a "legally-organized executive dictatorship". The second phase (1925–1929) was "the construction of the Fascist dictatorship proper". The third phase (1929–1934) was with less interventionism (politics), interventionism in foreign policy. The fourth phase (1935–1940) was characterized by an aggressive foreign policy: the Second Italo-Ethiopian War, which was launched from Italian ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagion began around September and led to the Wall Street stock market crash of October 24 (Black Thursday). It was the longest, deepest, and most widespread depression of the 20th century. Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. Devastating effects were seen in both rich and poor countries with falling personal income, prices, tax revenues, and profits. International trade fell by more than 50%, unemployment in the U.S. rose to 23% and ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Capitalism
Capitalism is an economic system based on the private ownership of the means of production and their operation for Profit (economics), profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private property, Property rights (economics), property rights recognition, voluntary exchange, and wage labor. In a market economy, decision-making and investments are determined by owners of wealth, property, or ability to maneuver capital or production ability in Capital market, capital and financial markets—whereas prices and the distribution of goods and services are mainly determined by competition in goods and services markets. Economists, historians, political economists and sociologists have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice. These include ''Laissez-faire capitalism, laissez-faire'' or free-market capitalism, anarcho-capitalism, state capi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Supercapitalism
Supercapitalism was a concept introduced by Benito Mussolini in a speech given in November 1933 to the National Council of Corporations of the Kingdom of Italy.Falasca-Zamponi, Simonetta. ''Fascist Spectacle: The Aesthetics of Power in Mussolini's Italy''. 1997. p. 136.Salvemini, Gaetano. ''Under the Axe of Fascism''. 2006. p. 132-133. Mussolini gave this speech in the context of the ongoing Great Depression, and he attempted to explain the economic crisis in the world at the time by arguing that capitalism had gradually degenerated from its original form: first there had been dynamic or heroic capitalism (1830–1870), followed by static capitalism (1870–1914), in turn followed by the final form of decadent capitalism, known also as supercapitalism, which began in 1914.Mussolini, Benito. ''Four Speeches on the Corporate State: With an Appendix Including the Labour Charter, the Text of Laws on Syndical and Corporate Organisations and Explanatory Notes''. Laboremus, 1935. p. 16 Mu ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Individualism
Individualism is the moral stance, political philosophy, ideology and social outlook that emphasizes the intrinsic worth of the individual. Individualists promote the exercise of one's goals and desires and to value independence and self-reliance and advocate that interests of the individual should achieve precedence over the state or a social group while opposing external interference upon one's own interests by society or institutions such as the government. Individualism is often defined in contrast to totalitarianism, collectivism and more corporate social forms. Individualism makes the individual its focus and so starts "with the fundamental premise that the human individual is of primary importance in the struggle for liberation". Anarchism, existentialism, liberalism and libertarianism are examples of movements that take the human individual as a central unit of analysis.L. Susan Brown. '' The Politics of Individualism: Liberalism, Liberal Feminism, and Anarchism''. B ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Capitalism
Capitalism is an economic system based on the private ownership of the means of production and their operation for Profit (economics), profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private property, Property rights (economics), property rights recognition, voluntary exchange, and wage labor. In a market economy, decision-making and investments are determined by owners of wealth, property, or ability to maneuver capital or production ability in Capital market, capital and financial markets—whereas prices and the distribution of goods and services are mainly determined by competition in goods and services markets. Economists, historians, political economists and sociologists have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice. These include ''Laissez-faire capitalism, laissez-faire'' or free-market capitalism, anarcho-capitalism, state capi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Economics Of Fascism
Historians and other scholars disagree on the question of whether a specifically fascist type of economic policy can be said to exist. David Baker argues that there is an identifiable economic system in fascism that is distinct from those advocated by other ideologies, comprising essential characteristics that fascist nations shared. Payne, Paxton, Sternhell ''et al.'' argue that while fascist economies share some similarities, there is no distinctive form of fascist economic organization. Gerald Feldman and Timothy Mason argue that fascism is distinguished by an absence of coherent economic ideology and an absence of serious economic thinking. They state that the decisions taken by fascist leaders cannot be explained within a logical economic framework. Fascist movements tended to not have any fixed economic principles other than a general desire that the economy should help build a strong nation. As such, scholars argue that fascists had no economic ideology, but they did fo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |