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The Dynamics of Big Business by Veronica Binda

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11  At the Root of an Alternative Model

An Interpretation of Big Business’ Diversity in Italy and Spain

11.1 THE DECISION MAKERS: POSSIBLE EXPLANATIONS FOR CONCENTRATED FORMS OF CAPITALISM

When reviewing the features and dynamics of the largest corporations in Italy and Spain, some signs of convergence emerge within the framework of the Western world. However, throughout the twentieth century, big business in these Southern European nations presented significant peculiarities also when compared to the most advanced European countries and, even more so, to the United States. As was shown in the previous chapter, these two nations were similar in “being different” in terms of their ownership structures, product and geographical market strategies ...

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