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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 ...
Innovation and Algorithms, To Be Managed with Care
The adoption of innovative solutions based on artificial intelligence (AI) by now involves almost all primary and secondary activities of supply chains. These innovations have revolutionized production processes, generated gains in the productivity of logistics activities, transformed marketing and sales functions and the related services, and radically modified the support activities traditionally ...
The Reason of Optimism in Italy
To translate the potential advantage over foreign competitors into a reality, Italian businesses need to make an organizational change and strengthen their abilities in the sector of artificial intelligence; while important players for the economy such as institutions and business representatives must increase their efforts to provide all of the support necessary for the required technological upgrade. ...
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 ...
Nationalizations and Privatizations from a Historical Perspective
In Italy, the mixture between public and private has been an unavoidable characteristic in the nation's path of economic modernization. Between the nineteenth and twentieth centuries, state initiative gave concrete form to the unification of the country, providing indispensible infrastructure. The companies in the IRI group were then the protagonists of the "economic miracle," in which the attitude ...
Banks and Markets: Why They are Tools of Economic Policy
Markets and financial investments play a decisive role in favoring growth, that economic policy choices must permanently encourage. First of all, it is necessary to promote the use of the financial market and investor interventions (private equity, venture capital, PIR, ELTIF) in support of business equity.#Any public interventions in the economy must always have an explicit timeframe and a logic ...
The Bumpy Road of the Exit from the Mixed Economy
The divestment of the companies held by IRI did not require any additional intervention in terms of public finance, demonstrating their evident condition of good health. The privatizations were also driven by an essentially financial logic: the state sought high and immediate financial proceeds, but often without an in-depth evaluation of the quality of the buyers or the consequences of the divestments ...
The Capitalism of the Future: State and Businesses in Search of an Author
In the last two years, the fragility of our businesses, due to their fragmentation, low capitalization, and the effects of the pandemic, has been supported by the public hand. But the prospects that emerged during 2022, first stagflation and then inflation, as well as a radical redesign of production and distribution chains at the international level, require a deep reflection that goes well beyond ...