A path towards Fascism: nationalism and large-scale industry in Italy (1910–1923)

Abstract

In the decade before World War I, close connections developed in Italy between the nationalists and major elements of large-scale industry. As the Italian Nationalist Association, founded in 1910, became the main political reference for industrialists, the ties between nationalism and the business community helped to undermine the liberal state and end the political system established by Giovanni Giolitti. During World War I, the Nationalist Association developed close links with the Ansaldo company and supported it in the ‘parallel wars’ of Italian capitalism. Ansaldo went bankrupt in 1921, but the nationalists were able to establish relations with other entrepreneurs. Their connection with large-scale industry lay behind Mussolini’s decision in 1923 to accept the Nationalist Association into the National Fascist Party. Nationalism not only ensured that important economic forces would support the Fascist regime but its ideology significantly contributed to the building of Mussolini’s dictatorship.