Map of Eiterfeld on Public works, state-enforced cartels, and welfare spending expanded significantly. The state bought assets of failing banks and corporations, eventually owning most of the banking sector and a greater portion of the national economy than in any other nation-state west of the Soviet Union, Stanley Payne explains in his History of Fascism, 19141945. The 1935 conquest of Ethiopia pushed ITALY farther down the fascist road. Government spending rose to fund the war, then went even higher to pay for public works in the new colony. International sanctions to protest the war lasted only three months, but Mussolini used them to permanently reduce Italian dependence on foreign markets. The nationalization bent of fascist economic policy peaked in the last three years of World War II, when Mussolini became the semi-puppet ruler of German-occupied Italy. Mussolini then sought revenge against the bourgeoisie and the rightist elite whom he believed had thwarted Fascism, Payne says, by subjecting industry to heavy government and worker control. Map of Eiterfeld 2016.
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