"The liberal conception of economic matters is indeed untenable, as there is a need for regulation in line with a more comprehensive framework for the global economy, not least in order to achieve the greatest possible prosperity. When we speak of control of the economy, however, we do not mean that the State should be the manager of all economic activities, but we are referring to the State in the complexity of its powers and therefore largely to the State which does not exclude individual initiatives, but coordinates, regulates and guides them."
Aldo Moro

January 1, 1970

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Original Language: English

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