Part II

The Evolution of Big Business in Italy and Spain

The role played by large corporations and the sectors in which they typically operated in furthering the economic growth of a country was one of the most debated and controversial issues during the twentieth century.

“What is good for the country is good for General Motors, and vice versa” argued the American businessman and politician Charles Erwin Wilson in 1953 when, after a long career within this car company, he became the United States Secretary of Defense. For a long time, large corporations have been considered to be the main economic participants (Chandler and Hikino 1997), and their relevance and characteristics were the subject of studies and debates until the final three decades ...

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