Premier Matteo Renzi said Monday
that the big role that cosy relations between contacts plays in
Italian capitalism "must die".
"The capitalism of relations has produced some decisively
negative effects in Italy," Renzi told a meeting at the Milan
stick exchange.
"It's time to end a system based more on relations than on
transparency.
"The world outside is demanding more dynamism and
transparency. This is a problem for the managerial class, not
just the political one. We're doing our bit, now it's your turn.
"If the system of capitalism of relations does not die,
Italy will die.
"Today the political system is out of this game. The
business world must give us a hand in changing this system".
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