"Corporations." Premier Mussolini created last week, and announced that he would probably bestow upon himself, a new Cabinet title: Minister of Corporations.
The term "corporation" denotes at present in Italy not a business organization but the Fascist social mechanism through which a given class achieves representation before the Government and deals with other classes similarly organized. Thus groups of capitalists and laborers are legally restricted to dealing with one another through their "corporations," which are to be firmly interlocked with the mechanism of the state through the Premier's newly created office.
Centralization. By a Cabinet decree the power to issue banknotes...
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