Comments by "Historia, Magistra Vitae" (@Historia.Magistra.Vitae.) on "PragerU" channel.

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  32.  @robcrawford5165  "The Bank of Italy was never nationalized; it was given power to supervise other banks. It remained in private hands." It was nationalized and under the control of the Government. "In the context of preparations for war (the invasion of Ethiopia started in 1935) and under IRI, the Banking Law was drafted. The first part of the Law, which is still in force, defined the Bank of Italy as “a public law institution” and entrusted it definitively with the function of monetary issue (no longer just a concession); individual shareholdings were expropriated and equity was reserved to financial institutions of public relevance; the Bank was prohibited from discounting bills itself to non-banks, underscoring its function as banker to banks. A second part of the law (repealed almost completely in 1993) concerned credit and financial supervision, totally revamping the credit system via a separation between banking and industry and between short- and long-term credit; it determined that banking was an activity of public interest; it concentrated supervision in the Inspectorate for the defence of savings and the exercise of credit (a newly created state body), chaired by the Governor and using resources and personnel of the Bank of Italy, but directed by a ministerial committee chaired by the Prime Minister. Aware of the new developments in economics and the challenge posed by a world in the throes of violent change, Governor Azzolini initiated the creation of a modern research service, taking on professional economists. At the end of 1936, the long-awaited devaluation of the lira stimulated economic recovery and improved the balance of payments. At the same time, by a simple ministerial decree, all limits on State borrowing from the Central Bank were abolished. The autonomy of the Bank was at its nadir." - Bankpedia
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  44. @regisglass5464: "again, you are entitled to believe fascism supported right wing socialism" There is nothing to believe nor is this a matter of belief. There is no such thing as "rig ht win g social ism". They supported just socia lism. / / / / / / @regisglass5464: "Not sure what you mean by this, but thank you for agreeing fascism is right winged." Wrong. Fasc ism had nothing to do with right wi ng of any kind what soever. The fas cists wanted to move to the right from marx ism, not into the right side of the spectrum. It was a totalita rian far-left, soci alist ideology based on national syndicalism. / / / / / / @regisglass5464: "A stated, you are entitled to pretend corporations aren't capitalist" There is nothing to pretend. There were no modern business / capit alist corporations in fasc ism. You just do not under stand what that word means, because you are am ur ican. Maybe you should do your homework before com menting. The word does not mean what you think it means. / / / / / / @regisglass5464: "to pretend Mu ssolini's corporations are left lea ning." Syndic alism / Trade union ism under Mussolini was left leaning. Had nothing to do with modern business corporations. / / / / / / @regisglass5464: "Or why not quote Mussolini on the capit alist model he used?" There is nothing to quote. Mussolini never used one. He used socia lism. / / / / / / @regisglass5464: "Then kindly name any conservative group or individual that defends the indivi dual rights of LG BTQ peo ple." Haven't looked into them, because I don't care and it is irrelevant when discussing about fas cism. Conse rvatism has nothing to do with this subject, especially the am urica n version. Again, conserva tism is relative. Is it too hard for am urica ns to understand? Again, conse rvatism has nothing to do with this subject. Mussolini didn't consider his movement to be conservative. On the contrary, he claimed that the Italian Socia list Party was conservative. / / / / / / @regisglass5464: "Seems odd you have such trouble answering if all rig ht wi ng ideology are about individual right s." They certainly are. Seems odd you have such trouble understanding that there is no definitive connection between right wing and conservat ism. Even Wiki knows this: "The central tenets of conservatism may vary in relation to the culture and civilization in which it appears ... There is no single set of policies regarded as conservative because the meaning of conservatism depends on what is considered traditional in a given place and time."
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