ITALY: Turn to the Right

Outside the Iron Curtain, Italy has more state-run businesses than any other European country. When Italy became a nation 96 years ago, her government inherited a Genoese shipyard from the old kingdom of Sardinia, and that was the state's start in business. Under 21 years of Fascism, the government got more and more deeply mixed up in the economy, and has never since got out of it. Today the government mines all of Italy's coal and 80% of her iron ore; it produces more than three-quarters of the nation's pig iron and half...

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