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Abstract
The market types that were the subject of an earlier essay in the Review are resurveyed in order to examine the changes that have occurred over the past fifty years. The entrepreneurial typologies identified then–one based on a market orientation, another that relies on state support, and a third, hybrid, approach–are still valid today. The liveliest components of the modern Italian economy, which operate as a fourth type of capitalism (mainly based on industrial districts), share features of the market typology, while, in southern Italy, the state's failure to support business is linked to the rise of organized crime. The more recent hybrid type features a new kind of actor, exemplified by Silvio Berlusconi, the central figure on the Italian political scene for almost two decades.
Published Version
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