Francesco Saverio Nitti

For other uses, see Nitti (disambiguation).

Francesco Saverio Nitti
File:Francesco Saverio Nitti 1920.png Nitti in 1920
Prime Minister of Italy
In office 23 June 1919 – 15 June 1920
Monarch	Victor Emmanuel III
Preceded by	Vittorio Emanuele Orlando
Succeeded by	Giovanni Giolitti
Personal details
Born	(1868-07-19)July 19, 1868 Melfi, Kingdom of Italy
Died	Rome, Italy
Political party	Historical Far Left (1880s–1904) Italian Radical Party (1904–1922) Liberal Democratic Party (1922–1926) Independent (1926–1953)

Francesco Saverio Vincenzo de Paolo Nitti (19 July 1868 – 20 February 1953) was an Italian economist and political figure. A Radical, he served as Prime Minister of Italy between 1919 and 1920.

According to the Catholic Encyclopedia ("Theories of Overpopulation"), Nitti (Population and the Social System, 1894) was a staunch critic of English economist Thomas Robert Malthus and his Principle of Population. He was an important meridionalist and studied the origins of Southern Italian problems that arose after Italian unification.

Life

Born at Melfi, Basilicata, Nitti studied law in Naples and was subsequently active as journalist. He was correspondent for the Gazzetta piemontese ("Piedmontese Gazette") and was one of the editors of the Corriere di Napoli ("Courier of Naples"). In 1891, he wrote the work Il socialismo cattolico ("Catholic Socialism"). In 1898, when he was only 30 years old, he became professor of finance at the University of Naples.

Nitti was chosen in 1904 for the Radical Party to serve in the Italian Parliament. From 1911 to 1914 he was minister of agriculture, industry and trade under Prime Minister Giovanni Giolitti. In 1917, he became minister of finance under Orlando and held it till 1919.

On 23 June 1919, Nitti became prime minister and interior minister. A year later, he was also minister of the colonies. His cabinet had to deal with great social unrest and dissatisfaction over Treaty of Versailles. Particularly troublesome was the agitation over Fiume led by Gabriele D'Annunzio. Nitti had great difficulty keeping the administration functioning at all, thanks to the enmity between the extremely divergent political factions of communists, anarchists and fascists. After less than a year as head of government, he resigned and was succeeded by the veteran Giolitti on 16 June 1920.

In social policy, Nitti’s government passed a law setting up compulsory insurance for unemployment, invalidity and old age.

Still a member of the Italian Parliament, Nitti offered resistance to the nascent power of fascism and openly despised Benito Mussolini. In his 1927 book, Bolshevism, Fascism and Democracy, he correlated Italian fascism with communism: "There is little difference between the two, and in certain respects, Fascism and Bolshevism are the same".

In 1924, Nitti decided to emigrate, but after the Second World War, he returned to Italy. He was elected to the Senate, first for the Italian Liberal Party in National Bloc and then for the Independent Left. As a secularist and anticlerical, he opposed Christian Democracy and staunchly opposed NATO membership.

He died on Rome on 20 February 1953. Throughout his career he opposed any kind of dictatorship, whether it was communist or fascist.

Notable works

• Population and the Social System (1894)
• Catholic Socialism (1895, reprinted 1908)
• Eroi e briganti (Heroes and brigands) (1899; reprinted by Osanna Edizioni, 2015) - ISBN 8881674696, 9788881674695)
• L'Italia all'alba del secolo XX (1901)
• Principi di scienza delle finanzie (1903, 1904; 5th ed., 1922). French translation: Principes de science des finances, (1904)
• Peaceless Europe (1922)
• The Decadence of Europe (1922)
• The Wreck of Europe (1923)
• Bolshevism, Fascism and Democracy (1927)
• other works online here (archive.org)

External links

• Media related to at Wikimedia Commons
• Works by Francesco Saverio Nitti at Project Gutenberg
• Newspaper clippings about Francesco Saverio Nitti in the 20th Century Press Archives of the ZBW

Political offices
Preceded by Vittorio Emanuele Orlando	Prime Minister of Italy 1919–1920	Succeeded by Giovanni Giolitti
	Italian Minister of the Interior 1919–1920