Britain’s wartime nationalizations were unprecedented and imitated by Italy

Evidence

Th e impact of the Great War could not have been imagined before it actually happened. Britain— the major capitalist economy up until the war— experienced extensive nationalization of the means of production, and young capitalist countries like Italy followed in its footsteps. — Clara E. Mattei, The Capital Order, 188

Categorization

Category: Factual Claims

Related

• The Great War triggered extensive nationalization in Britain and Italy (similarity 0.95)
• Italian wartime nationalization produced military output surpassing Britain’s cannon production. (similarity 0.86)
• World War I compelled Britain and Italy to subordinate private profit to political need (similarity 0.84)
• World War I turned British and Italian states into their economies’ chief producers (similarity 0.83)
• Italy entered the war far weaker industrially than Britain (similarity 0.82)
• Postwar British workers commanded a historically unprecedented share of national income (similarity 0.81)
• WWI forced Britain and Italy to abandon free-market doctrine for state intervention (similarity 0.80)
• Wartime state intervention forced private property to bow to national-interest priorities (similarity 0.79)
• Postwar red years gave Italian workers 55 percent of national income, an unprecedented high (similarity 0.79)
• World War I proved large redistributive state reforms were fiscally viable (similarity 0.78)