Il miracolo economico italiano
The Italian economic miracle
In the summer of 1957, the Fiat unveiled the its new small car: the 500, destined to become become the symbol of an entire season of Italian history Italian.
That season was the economic miracle economic: a period of growth of GDP internal gross that reached peaks of eight per cent annually, figures that today seem science fiction.
Read it with audio, tap any word, keep the ones you want to remember.
10 minutes a day free · no card needed
The roots of the miracle lay manifold: the Marshall Plan Marshall had injected capital fresh into the economy, the cost of labour was low and the demand European for goods of consumption was in rapid expansion.
The consequences social were shattering. Millions of peasants from the South left their their lands for to go to work in the factories of Turin and Milan. The cities of the north expanded expanded at a breakneck pace dizzying.
But the miracle had its its dark side of the medal. The boom construction boom destroyed entire neighbourhoods historic, the development was often chaotic and devoid of planning, and the gap between north and south was widening widened.
Pier Paolo Paolo Pasolini was among the first first to understand that the miracle was not only was only bringing wealth, but was also erasing a civilisation peasant millenary in just a few years.