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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, 19 ... [...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, upon assuming office as Prime Minister of Italy, Prime Minister, became the dictator of Fascist Italy from the March on Rome in 1922 until Fall of the Fascist regime in Italy, his overthrow in 1943. He was also of Italian fascism from the establishment of the Italian Fasces of Combat in 1919, until Death of Benito Mussolini, his summary execution in 1945. He founded and led the National Fascist Party (PNF). As a dictator and founder of fascism, Mussolini inspired the List of fascist movements, international spread of fascism during the interwar period. Mussolini was originally a socialist politician and journalist at the Avanti! (newspaper), ''Avanti!'' newspaper. In 1912, he became a member of the National Directorate of the Italian Socialist Party (PSI), but was expelled for advocating military intervention in World War I. In 1914, Mussolini founded a newspaper, ''Il P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Council Of Corporations
The National Council of Corporations (Italian: ''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 Corporatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fascist Italy (1922–1943)
Fascist Italy () is a term which is used in historiography to describe the Kingdom of Italy between 1922 and 1943, when Benito Mussolini and the National Fascist Party controlled the country, transforming it into a totalitarian dictatorship. The Italian Fascists imposed totalitarian rule and crushed political opposition, while simultaneously promoting Modernization theory, economic modernization, traditional social values and a rapprochement with the Roman Catholic Church. According to historian Stanley G. Payne, "[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". In foreign policy, Mussolini ordered the pacification of Libya against rebels in the Italian colonies of Italian Tripolitania, Tripolitania and Italian Cyrenaica, Cyrenaica (eventually unified in Italian Libya), inflicted the Corfu incident, bombing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Depression
The Great Depression was a severe global economic downturn from 1929 to 1939. The period was characterized by high rates of unemployment and poverty, drastic reductions in industrial production and international trade, and widespread bank and business failures around the world. The economic contagion began in 1929 in the United States, the largest economy in the world, with the devastating Wall Street stock market crash of October 1929 often considered the beginning of the Depression. Among the countries with the most unemployed were the U.S., the United Kingdom, and Weimar Republic, Germany. The Depression was preceded by a period of industrial growth and social development known as the "Roaring Twenties". Much of the profit generated by the boom was invested in speculation, such as on the stock market, contributing to growing Wealth inequality in the United States, wealth inequality. Banks were subject to laissez-faire, minimal regulation, resulting in loose lending and wides ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Crisis
A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, currency crises, and sovereign defaults. Financial crises directly result in a loss of paper wealth but do not necessarily result in significant changes in the real economy (for example, the crisis resulting from the famous tulip mania bubble in the 17th century). Many economists have offered theories about how financial crises develop and how they could be prevented. There is little consensus and financial crises continue to occur from time to time. It is apparent however that a consistent feature of both economic (and other applied finance disciplines) is the obviou ... [...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 use for the purpose of obtaining profit. This socioeconomic system has developed historically through several stages and is defined by a number of basic constituent elements: private property, profit motive, capital accumulation, competitive markets, commodification, wage labor, and an emphasis on innovation and economic growth. Capitalist economies tend to experience a business cycle of economic growth followed by recessions. 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'' or free-market capitalism, state capitalism, and welfare capitalism. Different forms of capitalism feature varying degrees of free markets, public ownership, obstacles to free competition, and state-sanctioned social poli ... [...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] |
Golden Age (metaphor)
A golden age is a period considered the peak in the history of a country or people, a time period when the greatness, greatest achievements were made. The term originated from early ancient Greece, Greek and ancient Rome, Roman poets, who used it to refer to a time when mankind lived in a better time and was pure (see Golden Age). The ancient Greek poet Hesiod introduced the term in his ''Works and Days'', when referring to the period when the "Golden Race" of man lived. This was part of fivefold division of Ages of Man, starting with the Golden age, then the Silver Age, the Bronze Age, the Greek Heroic Age, Age of Heroes (including the Trojan War), and finally, the current Iron Age. The concept was further refined by Ovid, in his ''Metamorphoses'', into the four "metal ages" (golden, silver, bronze, and iron). The Golden age in Classic literature The Golden age as described by Hesiod was an age where all humans were created directly by the Olympian gods. They lived long lives ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Free Competition
In economics, a free market is an economic system in which the prices of goods and services are determined by supply and demand expressed by sellers and buyers. Such markets, as modeled, operate without the intervention of government or any other external authority. Proponents of the free market as a normative ideal contrast it with a regulated market, in which a government intervenes in supply and demand by means of various methods such as taxes or regulations. In an idealized free market economy, prices for goods and services are set solely by the bids and offers of the participants. Scholars contrast the concept of a free market with the concept of a coordinated market in fields of study such as political economy, new institutional economics, economic sociology, and political science. All of these fields emphasize the importance in currently existing market systems of rule-making institutions external to the simple forces of supply and demand which create space for those ... [...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 realizing one's goals and desires, valuing independence and self-reliance, and advocating that the interests of the individual should gain 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 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". L. Susan Brown. '' The Politics of Individualism: Liberalism, Liberal Feminism, and Anarchism''. Black Rose Books Ltd. 1993 Individualism represents one kind of sociocultural perspective and is often defined in contrast to other perspectives, such as communitarianism, collectivism and corporatism. Individualism is also associated with artistic and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1930s Neologisms
Year 193 (Roman numerals, CXCIII) was a common year starting on Monday of the Julian calendar. At the time, it was known as the Year of the Consulship of Sosius and Ericius (or, less frequently, year 946 ''Ab urbe condita''). The denomination 193 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * January 1 – Year of the Five Emperors: The Roman Senate chooses Pertinax, Publius Helvius Pertinax, against his will, to succeed the late Commodus as Emperor. Pertinax is forced to reorganize the handling of finances, which were wrecked under Commodus, to reestablish discipline in the Roman army, and to suspend the food programs established by Trajan, provoking the ire of the Praetorian Guard. * March 28 – Pertinax is assassinated by members of the Praetorian Guard, who storm the imperial palace. The Empire is auctioned off; Didius Juli ... [...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 use for the purpose of obtaining profit. This socioeconomic system has developed historically through several stages and is defined by a number of basic constituent elements: private property, profit motive, capital accumulation, competitive markets, commodification, wage labor, and an emphasis on innovation and economic growth. Capitalist economies tend to experience a business cycle of economic growth followed by recessions. 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'' or free-market capitalism, state capitalism, and welfare capitalism. Different forms of capitalism feature varying degrees of free markets, public ownership, obstacles to free competition, and state-sanctioned social poli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
