"Despite the fact that three-fourths of Italy’s economic sector was owned by the government by the mid-1930s, most scholars routinely ignored Italian Fascism’s slide into pure Soviet-style socialism, a concentration of state ownership so large that it was only eclipsed by Stalin’s Soviet Union. The conventional definition of socialism is described as a social and economic system characterized by ‘public ownership’ of the ‘means of production.’ On the other hand, fascism is often explained as a social and economic system characterized by ‘public control’ over the ‘agents of production.’ But Mussolini’s regime eventually morphed into Fascist socialism as its means of production was placed under public ownership."
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