Reuniting Capital and Labor

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The traditional alternative to capitalism between national left and social Catholicism

ABSTRACT

Capitalism was born at the end of the Middle Ages, when the merchant-bankers gradually reduced the artisans to wage-earners. The separation between possession of financial resources, guaranteed by the private monopoly of credit, and the means of production, on the one hand, and labor, on the other, is the essence of capitalism. The way to overcome it is not in the statization of the goods of production, but rather in the “legal” reunification of capital and labor, through the co-ownership of companies by all those who contribute to it.  Only “credit” must be “published” in order to make it work at the service of the real economy and not for speculative and antisocial purposes. During the twentieth century, different political cultures, of often divergent philosophical and spiritual matrix, have developed ideas, proposals, studies and even attempted practical reforms aimed at “associating” the factors of production, in an organicist vision. Among them are important, also for the reflections they left in the current Republican Constitution of 1946, the so-called “national left”, of Mazzinian and Roussevian heritage, which constituted the left wing, revolutionary, of Fascism, in critical tension with the regime conditioned by the conservative supporters; as well as the “Social Catholicism” which has its roots in the ecclesial organizations of the nineteenth century and which developed in the twentieth century, especially within the Catholic University of the Sacred Heart until it reached the more social currents of the Catholic party that governed Italy in the long post-war period.

KEYWORDS

capitalism, national left, social Catholicism, co-ownership, co-management, organicism, social democracy.

About Author

Luigi Copertino (Busto Arsizio, Varese, 1963) lives in Chieti. Doctor of Law, with a thesis in philosophy of law, regional official and journalist, he specialized in "Studies of legal and monetary values" at the chair of General Theory of Law at the Faculty of Law of the University of Teramo . Dealing with theological-philosophical-legal-political-economic thinking in close relation with the concrete nature of history, he collaborated with the chair of history and institutions of African and Asian countries of the Faculty of Political Science of the University of Teramo and with the Enrico Mattei Institute of Advanced Studies on the Middle-East, in Rome, in the Master Enrico Mattei " in the Middle-East. He taught at the Summer University of the Republic of San Marino on issues related to the historical-religious identity of Europe. Similar to didactic activities for the Summer University of the Republic of San Marino, on issues related to the historical-religious identity of Europe. He is a contributor to many cultural magazines and is the author of several books on themes of spirituality, history, political philosophy and currency.

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