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Why We Should Go Back to Reading Marx
One of the new elements of neoliberalism is the possibility of capitalist accumulation that segments and divides the world of labor, rather than making it homogenous. Yet reunification of labor, that leads to collective awareness by workers to produce common struggles for the defense of their rights, is extremely complicated. To overcome the current crisis a new model of development is needed, that ...
A New Management of Global Markets
The fragmentation of global value chains in many economic sectors and the emergence of a "regional globalization" require a rethinking of internal demand limited to some large areas, such as Europe. Temptations for protectionist policies, whether in Europe or in single member states, must be offset with balanced economic development policies in the long-term, based on the advantages of maintaining ...
State Intervention in the Economy? What Counts is Quality
Today's advanced countries, including Italy, were able to produce a revolution in industry, and then in services, thanks to entrepreneurship favored by the active role of the state and public institutions. In the first two decades after the Second World War, there was maximum exploitation of the impetus generated previously by public institutions. The active role of IRI, the special interventions ...
Industrial Relations in the Time of Globalization
The internationalization of markets has made businesses both weaker and stronger at the same time: weaker in the markets, faced with new global competition, and strategically stronger with respect to labor representatives.#Despite growing individualization in the relationships between workers and businesses, globalization and economic transformation have not changed the centrality of labor in our ...
The World of Luxury is No Longer the Same (Which is Good)
The luxury sector is facing some important strategic challenges: the increase of production volumes and the improvement of profitability; the new management of sales offers; the compromise between exclusiveness and inclusiveness of its products; the difficulty of exceeding expectations when standards are already very high; and the country of origin as a lever for expansion at the international level. ...
Aggregate Demand is the Italian Problem
Between 1992 and 2018, the Italian economy saw a worrying slowdown of growth of aggregate demand, due above all to the significant contraction of private and public consumption. In the same period, Italy has been among the European countries that have made the greatest effort to reduce protections for insecure workers, leading to an exponential increase of workers with fixed-term contracts.#From a ...
How the Fashion World Must Re-think its Fundamentals
The pandemic has had a devastating impact on the international fashion system, already weighed down by various structural problems: from the excess of supply to the opacity of supply chains, aggravated and made more evident during the months of the lockdown. The crisis can be an opportunity for Italian suppliers who can offer specialization, flexibility, and high quality standards certifiable in terms ...
Business-Labor: Equal Status and Common Planning
The pandemic has highlighted the fragilities and deep inequalities that characterize the current economic system. At the same time, a process has begun that requires a profound change, the participation of workers in business decisions. Fifty years after Italy's "Workers' Statute" was passed, the time has come to define a new statute that guarantees the same rights and protections, independent of ...
Four Possible Destinies for Labor Unions
Since the end of the 1970s, in almost all European countries the generational shift in the world of labor has caused a drop in the levels of unionization. Many factors have contributed to this decline, related to both the market and the organization of work. Deindustrialization, polarization of professional structures, and the increase of immigrant workers risk undermining the social cohesion between ...
All of the Doubts and Challenges within Confindustria
The representation of business interests is more difficult today than in the past, due to processes of differentiation of the system of businesses. In a nation like Italy, though, representation has a greater presence, because economics and politics are more interwoven than elsewhere. For decades Confindustria had a role of stable representation thanks to the strong political legitimation earned after ...