Fascist economists justified capitalist profit as savings reward, not worker exploitation.
Evidence
De’ Stefani offered an analogous explanation to his students: “Capitalism is the phenomenon of a class that lives on the specific productivity of capital, it depends on the right of property and heredity, not on a subtraction at the expense of the workers.” It was, he specified, “a result of savings and conservation, useful actually to the very working classes.” — Clara E. Mattei, Escape from Capitalism, 220
Categorization
- XREF: connects to: Fascist-era economists defined profit as capital’s own productivity, not worker exploitation — Clara E. Mattei, The Capital Order: How Economists…, 1127