ITALY AT WORK

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‘ABooksno-H:-5/-'%,t:)$ues that tim~honored time-honored tradition and incorporateeorporatessomenewtwists.some twists. Whileless-less- Thelloman Roman Empire was only a abtief, brief, balanced balanoedpottraitofhisheritage. portrait of heritage. InterIntereningour proclivity for aiminal criminal purpur-inconsequential interlude in Italy'sspersedwiththepatnitsofpaesmiarethe patraits paaani aresuits, we've helped to "enliven “enliven the nana-millenia of miseria.quick and easy emy biographies biogrwhies of ltalo halo-in-history:The 'lheauth0rstrivestopte.sentaauthor saives to present ational timal diet" diet”Our legendary culinary- That Southern Italy was devoid ofAmerican greats: Fetmi, Fermi. Cuomo, Cuomo. Laprowess is thus elevated to a culturaleducational opportunities opptrmnities [despite comcom-Guardia,Maro0ni,Qtruso,Capra.ett:.Marconi, Caruso, etc.trait.pulsory education after aft: the reunification However, l~lowever,diFmn0oisbyn0meamanFranco is no means anAs with most of these gritty, and md higher high: schools of learning leaming that propro-Italicscholar. Hishistoriealknowledgehistorical rough and tumble tomes, tomes. historical acacducedEurope's first doctors (Salerno)andinterestinresetuehistenuom. research is tenuous. Forcuracy takes a back seat to the hard and the Father of chemistry (Palermo, (Palermo. S. S ' example, P6. lhisbriefreferencetotheItal-reference the ...he (di Franco) has done a disservice toEheritage Q!!J: with thissimplistic version of history. Our children deserve better.scrabble homilies homilics of second- and thirdthirdgenerationItalian-Americans. Forthem, them. the oral tradition of their parentsand grandparents substitutes for thettuthsofhistory. truthsofhistoty. Mr.diFrancoprovestoFranooproves be a full-fledged fuil-fledged adh~enl adherent of the "peasantant”school of thought thoughL In in his book welearn the "traditional" “traditional” view of “peas-ItalianCannizzaro.)]Canniz.nro.)]- That Italy is actually composed oftwo distinct people, "Gennanic" “Germanic” Northernercmersand darker Southerners Southemers (of SpanSpanish,Arab and Greek blood.)- That East Coast Ilal..ians Italians are moreclannish than their more entrepreneurialWest Coast kin.North-lcin.ianwareffortinWWIisthestandardre-in is the standard revisionismw
Iii1"":.~ ..... -: l; ·' imill,BnuIA;J9,‘-m‘Focus:~Italy at Work@=*‘*.*-fl->-:"In the end imagiMtion imagination is bound towin against agairtrt rationality."For a nation with no appreciable natunaturalresources, a political system which attimes stymies the freespirit, anda adiverse— -- - -- » population only now working in syncRio Hondo Dam, ArgentinaRh "°“d° Dam’ A"g°"fl"'after 1.500 1,500 years, the words of RobertoBonini. Bonini, dean of the University of BoloBologna,have a telling ring to them.Is italy Italy on a roll? Having outpacedGreat Britain in economic output, Output, is Italythe she-wolf at the doors of France andWest Germany?Will Latin inventiveinventive-_ . ness overcome Northern Northem European effielli-The Alfa Romeo M:Uano Mlltmociency?Since the fall of ancient Italy,Italians have had to live by their wits anddaring. Paris was once the fashion capitalbut Milan has stolen its thunder. Germanengineering may produce mechanicallysound cars but Italian machines frre lire theimagination.The U.S. may be tops inheavy construction but it is the Italianswho honor the Roman past by spanning,damming, surfacing, and redefining nana-Motorway In in Kuwaitture on six continents.Fashion, automotives, automotivcs, construction,food p~ucts products, , computers, and the thccapital capitalinvestments that fuel the world's econeconomyare the muscle of the new Italy.Foundations of SuccessIt may surprise many that thebasis for Italy's growlh growth can be directlytraced to Benito Mussolini's CorporateState, a genuinelyRailway— - 1viaduct,-Algeria-=original but only halfhalfcompletedpolitical/'economic system.TheItalianCorporate Suite State wasnot fascism with afriendly face. lace. Rather,* it served as the mechanismby which a naReversed engine Avanti. Stability & 8: fuelmecha-. h. h _tion bereftcg“Z321of naturalefficiency elficiency~;;;;;;;;;;;;;-The Italic Way12resources could coordinate a nationalpolicy to allocate labor and materials. ,By carefully structured stateholdingcompanies suchas IRI (Intstitutefor Industrial Reconstruction) and IMI(Italian Institute of Real Estate DevelopDevelopment)working in tandem with such priprivate.sector firms as Fl<strong>AT</strong> FI<strong>AT</strong> and AlfaRomeo, they built the foundation uponwhich Italy's current resurgence rests.The inhastructure infrastmcture of SouthernItaly was a prime beneficiary. In CalCalabria,for example, marshes weredrained, lakes created and electricity inintroducedto remote mountainous vilvillages.By 1939, civil aviation hadtaken a quantum leap. ‘Three Italian airairlinesserved 71 national and internationalskyways. Olivetti, Pirelli and Agip bebe-pcame household names. And Italy;emerged as a leader in lhe the field ofnuclear‘physics with Enrico Fermi and Euore EttoreMaiorano; Majorano; and in radio communicationswith Guglielmo Marconi.These "discomforting" “discomforting" revelarevelationsabout the Facist era were broughthome to the Italians in 1984 when the:Communist-led city government goverrunent ofRome. held an unprecedented display ofFascist Italy in the Colosseum entitled"The “The Italian Economy Between theiWars."But not all success is based onthe past. Additional credit must be given ;to the native creativity of Italians both mm in 1design and busine:ss. business. Also to the ItalianRepublic which was successful in comcombattingnational chaos in the form fomt of theRed Brigades and neo-Fascists nco-Fascists whoseterrorism nearly stifled capital investinvestmentduring the 1970s, 19705, and finally, to theindividual Italian himselfwhosc whose thrift fueleclodtheeconomic cconom miracle. Italians havethe highest household savings rate ill inthe industrialized world.lu-The Italic Way 12 Fa" 1988Fall1988
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ITALY AT WORK

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