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The title of this blog post would probably have a lot of people up in arms because there is no shortage of critics of capitalism in Italy. In their minds, whether they’re inside or outside of academia, capitalism is the root cause of why there are so many problems in Italy as far as resource distribution and wealth inequality are concerned. However, if you are honest about, it you can see that there is a divide in our country.

Industrialization, by and large, has been a northern phenomenon. This is beyond dispute. If you’re looking for significant industrialization and the far-reaching consequences that it brings to the table, this has been a northern phenomenon which brings to mind that the next proposition that is, unsurprisingly, for all of Italy to benefit. This phenomenon has to go south; otherwise, the whole country is not going to benefit and we’re going to end up going back to the same situation we’re in.

How long can this idea of regional transfer persist? It’s going to foster regional divides and resentments. You don’t need me to remind you of this because you only need to pick up the paper and see that there are certain areas of our country that can be relied on as a source of grievance regarding this disparity, and it’s not the poor. Something has to be done.

Is it possible to corporate the markets with an Italian soul?


The problem with an uncritical embrace of capitalism is the fact that the word itself pacts an emotional sting and unleashes such a wave of intellectual discourse that it's very easy to create a lot more smoke than light. There's definitely a lot of heat created, but we're no closer to the solution.

Will it work?

So let me rephrase the question. Maybe it may mean open markets with an Italian soul. In other words, you are employing a device, but the purpose, intention and mechanisms are fine-tuned to the Italian context. Do you think this will work? Do you think that if we opened up the economy at many different levels, there would be enough activity and participation to make the resources of this society not only grow, but also reach other areas more fully by making them co-equal participants?

A worthwhile problem

This is a question that I pose to you. I'm not advocating an answer, I'm just saying: is this a worthwhile problem to have? Is this a worthwhile idea to kick around in our heads, or are we going to remain so scared of the concept of open markets, capitalism and private property that we wall ourselves off to possible solutions?

The 800-Pound Gorilla

The 800-pound gorilla in the room, whenever it comes to anything Italian, is corruption. This is an ever-present threat, so any talk of open market, socialism or any other kind of social political model, must be had in light of the ever-present reality of corruption. This, of course, begs a much needed discourse on what corruption is and its contexts and limitations as well as historical and institutional uses.