In this major interpretation of the crisis of democracy in Italy after World War I, Douglas Forsyth uses unpublished documents in Italy's central state archives, as well as private papers, diplomatic and bank archives in Italy, France, Britain and the United States, to analyse monetary and financial policy in Italy from the outbreak of war until the march on Rome. The study focuses on real and perceived conflicts and often painful choices between great power politics, economic growth, macroeconomic stabilisation and the preservation or strengthening of democratic consensus. The key issue explored is why governments in Italy after World War I, although headed by left-liberal reformers, were unable to press ahead with the democratic reformism which had characterised the so-called 'Giolittian era', 1901-1914. Their failure paved the way for parliamentary deadlock and Mussolini's seizure of power.

Exploring more than 500 years of the country's history, Italy provides readers interested in modern Italy or European history with a greater understanding of Italy's past, from the Renaissance to the present. This guide presents the milestones in Italy's history in an interesting and readable way.

At the end of the twentieth century, many believed the story of European political development had come to an end. Modern democracy began in Europe, but for hundreds of years it competed with various forms of dictatorship. Now, though, the entire continent was in the democratic camp for the first time in history. But within a decade, this story had already begun to unravel. Some of the continent's newer democracies slid back towards dictatorship, while citizens in many of its older democracies began questioning democracy's functioning and even its legitimacy. And of course it is not merely in Europe where democracy is under siege. Across the globe the immense optimism accompanying the post-Cold War democratic wave has been replaced by pessimism. Many new democracies in Latin America, Africa, and Asia began "backsliding," while the Arab Spring quickly turned into the Arab winter. The victory of Donald Trump led many to wonder if it represented a threat to the future of liberal democracy in the United States. Indeed, it is increasingly common today for leaders, intellectuals, commentators and others to claim that rather than democracy, some form dictatorship or illiberal democracy is the wave of the future. In Democracy and Dictatorship in Europe, Sheri Berman traces the long history of democracy in its cradle, Europe. She explains that in fact, just about every democratic wave in Europe initially failed, either collapsing in upon itself or succumbing to the forces of reaction. Yet even when democratic waves failed, there were always some achievements that lasted. Even the most virulently reactionary regimes could not suppress every element of democratic progress. Panoramic in scope, Berman takes readers through two centuries of turmoil: revolution, fascism, civil war, and - -finally -- the emergence of liberal democratic Europe in the postwar era. A magisterial retelling of modern European political history, Democracy and Dictatorship in Europe not explains how democracy actually develops, but how we should interpret the current wave of illiberalism sweeping Europe and the rest of the world.

“Council democracy” is a particular form of democratic socialism that strives towards democratic self-governance on the basis of active, free, and associated individuals working cooperatively within a federated council system. Both in political practice and in social theory, “council democracy” has resurfaced periodically in the past, most notably in the interwar period, in the “long 1960s,” and since the turn of the 21st century. This book offers a novel theoretical and methodological approach to the study of “council democracy.” It focuses on the processes that led to the emergence of two of the foundational and most radical instances of “council democratic” movements in Germany during the German Revolution (1918-1919) and in Italy during the biennio rosso (1919-1920). With all their diversities, ambiguities, and shortcomings, these movements, in varying degrees, sought democratic alternatives to autocratic relations, from local to state levels, and to economic relations, from workplace to national levels. The book shows how the processes through which state-led war mobilization transformed the contours of class struggle laid the ground for the emergence of “council democratic” movements with specific characteristics in Germany and Italy and not in the United Kingdom and France.