Italian economists labeled any state market intervention ‘Bolshevism’

Evidence

Italian Bolshevism- an epithet that was the title of Pantaleoni’s famous booklet published in 1922- was loosely used to denote any state intervention within the sphere of the market and any form of social redistribution. Einaudi agreed that “socialism of whatever type was inevitably synonymous with reckless and pleasureloving spirit, of a run towards immediate consumption, with demands of larger wages for less work” (Faucci 1986, 176). — Clara E. Mattei, The Capital Order, 1705

Categorization

• DEFINE: Defines the rhetorical term ‘Italian Bolshevism’ — any state intervention or redistribution, per Pantaleoni’s 1922 booklet.
• XREF: Echoes the ‘red-baiting’ of Keynes-era opponents and modern attacks on any welfare intervention. — connects to: Fascist Italy gave economists the rare chance to enforce their models on society — Clara E. Mattei, The Capital Order: How Economists…, 1303

Broader Connections

• Fascist Italy gave economists the rare chance to enforce their models on society #complicates (0.75) — Clara E. Mattei, The Capital Order, 1303