Recent legislation has been touted as industrial policy. However, it has not reduced income inequality, and he decline in unionization in the manufacturing sector dropped to 7.7 percent.
There is a close correlation between the political history of Italy,caracterized by its deficit of democracyand social trend that has been characteristic of the country where inequalities and poverty have dramatically increased.
L’agenda Draghi, come le larghe intese di Letta-Renzi-Gentiloni, ha bisogno di una sinistra ai margini e soprattutto frantumata, ma non tale da impedire l’ammucchiata delle larghe intese.
The basic story is simple: policies that give more money to people at the top are inflationary. it is not surprising that even mediocre CEOs can get paychecks in the tens of millions of dollars annually.