Rileggendo «Recenti mutamenti nella struttura e nella gerarchia dell’impresa» di Luigi Mengoni
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In Part I of this study the author reviews an «initial reading» of essays by Luigi Mengoni, putting
them in their context and indicating the main contents. Readers are reminded that the part of
Mengoni’s work commented on in this article dates back to 1958 and was written in an important historical
moment for Italy as far as economic development was concerned. It was an age when heady
ideals stimulating the social reconstruction of the nation, based on the new democratic and republican
Constitution ratified in 1948, were rampant. The author identifies five topics Mengoni dealt with in
this piece of research, namely: industrial capitalism, managerial capitalism, corporate social responsibility,
constitutional economic order, «mitbestimmung». The commentator scrutinizes Mengoni’s
analysis which indicates ownership or «proprietà» of companies, full management control over firms
giving the power to fix objectives and relations with the market in particular with regard to relationship
with labour, as crucial fields of research. In Part II of this study the present writer proposes an
«updated reading» of Mengoni’s essay demonstrating that in changed current circumstances it still
constitutes a valid, modern approach to the problems governing the regulation of the business sector
and more generally speaking of the economy. During the actual financial capitalism phase these problems
can still be explained and managed taking into account Mengoni’s analysis. However it appears
evident that the conflict of interests is a new instrument and a sector of research which absolutely
must not be underestimated. Mengoni’s updated analysis, re-examined in a contemporary context, underlines
many critical points of law regulating the economy that legislators have so far failed to review
and modify adequately. This factor is particularly relevant in the field of the market for the transfer of
ownership of firms, of the role of the banks and of the regulations controlling the conflict of interests.
Above all in this write-up it appears manifest that Mengoni’s work highlights, thus increasing our
awareness, that neither labour nor rule of law are such as to be determined or conditioned in a predominant
way by market mechanisms.
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