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Title: Capitalism in Italy
Author: Freedom Press
Date: October 1, 1888
Language: en
Topics: Freedom Press, Freedom: A Journal of Anarchist Socialism, Italy
Source: Freedom: A Journal of Anarchist Socialism, Vol. 3 -- No. 25, retrieved on August 29, 2019, from http://www.revoltlib.com/?id=2968.
Notes: Freedom Press, London

Freedom Press

Capitalism in Italy

(Front an Italian Correspondent).

THE commercial crisis by which Italy is at the present time afflicted,

is no doubt, referable in particular cases to particular causes, but it

has been chiefly brought about by a revolution in economical ways and

means.

Only a few years ago the foreign and even the inter-provincial trade of

Italy was comparatively, insignificant. Products of the soil were

consumed on the spot; and the surplus merely was sold to provide for

necessaries. Agriculture and manufactures alike took the mark of the

locality, every part of the country showing its own particular taste.

Flax. cotton, wool, silk and other manufactures, were established in the

villages, and provided the peasants with good and durable commodities,

and the country population with additional employment. Hunger and

destitution were as yet unknown, for poor people were permitted to

gather fruits after the harvest, and provide themselves with food in

many other such ways. Girls rotting in maize fields and children

crippled in mines, and pellegra-stricken laborers did not yet exist.

Even after the political amalgamation of Italy into one uniform state of

servitude, lack of communications, scarcity of capital and of its

substitutes, together with foreign competition and the heavy burden of

taxation, acted as restraints upon commercial expansion. But the change,

which was delayed, could not be averted.

By and by landed property became concentrated in fewer and fewer hands,

owing to the large sale of Church estates, to the division of communal

domains, and to the expropriation of small owners by the State in

default of payment of the land tax.

Where a capitalist class began to appear, as in Lombardy, the land soon

fell in their hands; and agriculture was treated according to industrial

methods. Everywhere, as Italians say, "the flail drove the laborer

before it." At the mine time domestic trades declined, as they are still

doing and removed to great towns. The laborer was thereby thrown into

compulsory idleness for a large part of the year; and the tide of

emigration to France, to Germany, to America, set in.

A proletarian class sprung from these circumstances, and the newborn

capitalist was enabled to push forward his views and plans for

self-enrichment. Factories were started, great public works

accomplished. Public entries were appropriated to bankers who had lent

to the Government, to Provinces, and to Communes; whilst a large part of

the private ones were in a like manner taken hold of by Gas, Water,

Electric Light, Building, Railway and Navigation Companies. "Capital,"

in its more strict significance, was created-i.e., a large credit for

some enterprising idlers on the future products of labor; and the

foundation was laid of that admirable system of credit and speculation,

which is not the least ornament of bourgeois civilization.

The way was thus prepared for a thorough economic revolution. Production

was, accordingly, taken out of the hands of the peasants, and was no

longer determined by their actual wants or the exigencies of immediate

exchange. It was directed, instead, to the one end of a mercantile

class-exportation for profit, or speculation. Thus it happened that in

southern Italy old plantations were cut down to make room for vineyards,

which benefited the exporter. Wines, oils, etc., were adulterated to

conform to a "unique type" for foreign markets; and such agricultural

products as proved unfit for large exportation were, if not relinquished

altogether, greatly neglected. Industry and trade followed suit. Both

were conducted, no longer for use, but on speculative principles. Large

wholesale stores were established in the great towns. Small trades were

either crushed out or enslaved under a kind of sweating system. The

capitalistic plagues-uncertainty of employment, workers deprived of all

control of the means of production, and the trade in child labor, made

their appearance. A sad uniformity established itself in the lot of the

workman throughout the whole country. The result has been for him a rude

but well-timed awakening in shape of strikes and labor combinations.

It is the beneficent nature of capitalism that it grows out of universal

misfortune.

The rupture of commercial relations with France has ruined the small

proprietors in southern Italy and caused indescribable misery, to

numberless people; but the big moneyed men are preparing to buy up the

soil at half its price or less ; but companies for exportation of wines,

oils, etc,, are being founded by bankers, in the capital and elsewhere,

and we shall soon hear of rings and syndicates in those markets, as we

heard of an Italian syndicate in the silk trade last year.

The financial operations connected with the resumption of specie payment

after a long period of paper currency, have fed many capitalists'

purses; but they have caused, among other evil effects, a crisis in the

building trade at Rome, with the result that thousands of poor people

have been thrown out of employment.

The expenses occasioned by the Massowah settlement and the consequent

war with Abyssinia, and the cost and corruption of parliamentary

government, have increased the burden of taxation, and the increased

duties have crippled the liquor and other trades. But landowners have

got a protective duty; and by a new big Railway Bill contractors have

been presented with half a milliard of francs over and above the very

remunerative price paid for railway construction in the past.

Everywhere in the country the cry of distress is heard: even the

capitalist press avows that the land no more provides for both the

proprietor and the laborer; but the Italian bourgeoisie is deeply

engaged in great political and commercial enterprises, and goes straight

to ruin.