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 future perspective, greater growth, broader occupation and higher productivity can be guaranteed not so much by additional reforms that incentivize the flexibility of labor and the reduction of salaries, but rather by measures that encourage investments in capital and innovation and the increase of value added per worker.