by Paul Cudenec, who reads the article here
I have stressed on many occasions that the key to understanding fascism is its closeness to industrialism: for all its talk of “tradition” and “family” it has invariably served as a totalitarian tool for the imposition of “modernisation” and technocratic control.
French historian Henri Michel says: “Without funding from industrialists and big landowners, fascism would not have succeeded. It duly showed its gratitude to its protectors, turning a blind eye to the illicit profits from the First World War, reducing inheritance taxes and abolishing price and rent controls”. [1]
He adds that “it coincided with Italy’s passage from an agrarian economy to an industrial economy” and introduced “the idea of a governmental guarantee of economic development”. [2]
This factor remained evident right from the start of the neofascist movement which began as soon as the old regime ended.
Anti-fascist Eugenio Reale complained to comrade Gaetano Salvemini that the purging of fascists from public office “became impossible from the third day, when the big industrialists appeared on the scene, those who had made hundreds of millions [of lire] serving the Germans, presenting certificates of civic virtue, provided to them by all kinds of committees, and perhaps even the odd partisan membership card in exchange for a few million”. [3]
Giuseppe Parlato says in his account of the beginnings of neofascism: “In January 1945, an American source indicated that the fascists were particularly organised in the liberated territories. In Rome, in addition to the presence of the leaders of the regime, the situation was promising for neofascism on account of massive financial flows coming from several industrialists”. [4]
He adds that Romolo Vaselli, “one of the biggest representatives of the construction industry in Rome” – particularly involved in roadbuilding – was a generous contributor to the neofascist Movimento Sociale Italiano (MSI), as was the fascist industrialist Giovanni Armenise. [5]
Underground anti-communist activities were, according to a police informer, financed by the Milan industrialist Enrico Falck [6] and after the assassination of the neofascist Franco De Agazio in 1947, his journal Meridiano d’Italia (which, as I reported, [7] published articles by John F. Dulles and George C. Marshall) is said to have been jointly owned by his widow and another Milan industrialist by the name of Zucca. [8]
Parlato also names chocolate industrialist Stefano Pernigotti and Franco Marinotti of synthetic fibres business SNIA Viscosa as providing funds for neofascists. [9]
The MSI’s Arturo Michelini (pictured at the top of this article) “maintained good relations with the economic world, solidly assisted by Giovanni Orgera, who had been part of the ‘North section’ of the Bank of Italy under the RSI [Benito Mussolini’s Repubblica Sociale Italiana]”, and was in contact with the underground neofascist group Onore, [10] which was, as we saw, [11] linked to Allied intelligence.
Parlato says of the forces commanded by Valerio Borghese (pictured), the fascist “Black Prince” whom I have previously described: “Close to the industrial world of the North, the Decima was charged with defending the premises of Fiat and other businesses in Lombardy”. [12]
A key role was also played by neofascist Umberto Salvarezza, who enjoyed close links with the world of industry, the Vatican and British intelligence. [13]
The MSI’s Giorgio Pini, who had been close to Mussolini, was in secret contact with Jacques Guiglia of Confindustria, the General Confederation of Italian Industry.
Parlato says: “Guiglia and [Bruno] Puccioni had contacts in American circles – in the media as well as in the secret services – which had been forged in the last days of the war and consolidated in the following months”. [14]
He explains that Guiglia had fought in Africa and had been held prisoner by the Allies. On his release “he was sent to Italy to work with SIM [Italian military intelligence], specifically in the sector of the economic-political group, which was concerned with the economic reconstruction of the country: this enabled him to come into contact with the American secret services.
“After the war he joined Confindustria, where he worked directly with its president Angelo Costa, as head of the press office. In 1946 he invited Pini to work with a journal connected to this industrialist organisation, La Gazzetta del Lavoratore, whose aim was to steer the world of work in an anti-communist direction.
“In 1970, Guiglia acted as an intermediary between the circles close to Borghese’s [aborted] coup d’état and the American services”. [15] “We are talking here about very ‘particular’ representatives of neofascism, hardly visible, who acted in a very reserved manner. They carried out their activity with a lot of caution”. [16]
Earlier this year I wrote an article about Mussolini’s support for Zionism: he met several of its leaders, one of whom, Nahum Goldmann, reported that the fascist dictator told him “I am a Zionist and I will help you to create a Jewish state”. [17]
I explained that Mussolini was close to the Zionist Vladimir Jabotinsky, creator of the terrorist Betar movement, and helped him set up a naval training school in Italy.
Wikipedia tells us: “The academy trained cadets from all over Europe, Palestine and South Africa and produced some of the future commanders of the Israeli Navy”. [18]
These connections did not end with Mussolini’s death and in 1946 neofascist Nino Buttazzoni and other former navy men from Decima MAS were approached on behalf of the Zionist entity which was about to create the state of Israel.
The negotiating was carried out by Admiral Agostino Calosi, who had met with Ada Sereni, coordinator of the Mossad Le’aliyah Bet (Institute for illegal immigration) which was seeking to hasten Jewish settlement in Palestine, still under British control at the time. [19]
She was, in fact, the widow of Enzo Sereni (the couple are pictured above), an Italian Zionist who once told the anti-fascist activist Max Ascoli that “Hitler’s anti-semitism might yet lead to the salvation of the Jews” [20] and argued at the Zionist Congress in Luzerne in 1935 that there was no shame in using the persecution of the Jews in Germany to push the Zionist project in Palestine: “That is how our sages and leaders of old have taught us… to make use of the catastrophes of the Jewish population in the Diaspora for upbuilding”. [21]
Parlato says Admiral Calosi was also looking for men able to train “Jewish military formations from Palestine who were present on Italian soil, following the Allied invasion of Italy, by teaching them assault techniques”. [22]
“The Israelis were particularly interested by the Decima, which had become famous thanks to its engagements with the British during the Second World War and was made up of men considered among the best commandos. Calosi’s assurances were enough for the Jewish organisation: there was further confirmation from Angleton, who had excellent relations with Borghese and his soldiers” [23] – this was, of course, James J. Angleton of the OSS, forerunner of the CIA.
A few months later, at the start of 1948, Calosi was used to approach another Decima man, Fiorenzo Capriotti, and ask him to train the new Israeli navy.
He accepted, “quickly became a highly appreciated military adviser” and was one of those behind the sinking of the Egyptian navy’s sloop El Emir Farouk at Gaza in 1948. [24]
Parlato also writes about the neofascist involvement in the bombing of the British embassy in Rome in October 1946 (pictured).
This is generally attributed to the Zionist terrorist group Irgun Zvai Leumi, although at the time neofascists close to the MSI tried to make political capital out of it by blaming communists.
But more light has since been shed on the affair through the testimony of witnesses including neofascist Pino Romualdi’s daughter, Marina.
It appears that although Irgun indeed carried out the terrorist attack, the explosives were provided to them by the Italian neofascists of FAR (Fasci di Azione Rivoluzionaria).
Romualdi had apparently been in contact with a person calling himself “Jabotinksi”, after the now-dead Zionist leader, to whom he had supplied the explosives from a fascist stash. [25]
Parlato adds: “Curiously, when Mario Tedeschi [a neofascist] recalled a series of modest attacks carried out by FAR in Rome at the start of 1947, he stressed that their method of action was similar to that of Irgun”. [26]
An Italian blog article about the bombing of the British embassy states: “In 2007 it became known through the statements of Alfredo Mantica, a former member of the neo-fascist Movimento Sociale Italiano, and undersecretary of foreign affairs in Silvio Berlusconi’s government from 2008, that two veterans of the Fasci Italiani di Combattimento had supplied the explosives to the Zionist agents. They were Nettuno ‘Pino’ Romualdi (1913-1988) and Giovanni ‘Nino’ Buttazzoni (1912-2009), both founders of the MSI”. [27]
Buttazzoni told Parlato in a 2005 interview that his close friend and MSI colleague Bruno Puccioni was in contact with, among others, “Otto Skorzeny and his pro-American intelligence network”. [28]
When I looked up Skorzeny on Wikipedia I discovered that “pro-American” does not tell his whole story, as it has now been confirmed that the Austrian-born SS officer went on to work for Israel’s Mossad. [29]
Did I ever mention that the Nazi regime was a Zionist golem?
I would add by way of update that Israeli film-maker Yoav Shamir’s 2009 documentary Defamation shows the then head of the (ultra-Zionist) Anti-Defamation League, Abraham Foxman, at an event in Rome during which he was sitting next to none other than neofascist Gianfranco Fini, former head of the MSI. [30]
Parlato says the early connections with Zionism had gradually modified the outlook of Italian neofascists: “The MSI was never systematically anti-semitic, but the position adopted by this party in the 1960s was particularly striking with regard to Israeli nationalism, with the country regarded as the vanguard of the West”. [31]
He remarks that part of the interest for the neofascists in this collaboration with the zio-satanic imperialist mafia (ZIM), alongside a thirst for action and a particular hatred of the British, was the “more than honourable economic compensation” [32] involved and I suspect that corruption, rather than ideological conviction, lies at the core of the matter.
Whiffs of this emerge time and time again in his book. He outlines, for instance, a funding channel connecting the Vatican’s Roberto Ronca with Francis Spellman, cardinal of New York, and the aforementioned US intelligence chief Angleton, who had coordinated finances for Princess Pignatelli’s Movimento italiano femminile, which I mentioned in a previous piece, [33] as well as for Luigi Gedda’s “civic committees” and for the MSI. [34]
Handling this arrangement within the MSI was none other than Puccioni, so close to SS/Mossad man Skorzeny (pictured). [35]
Anyone trying to follow the corrupt activities of what is today known as the “Epstein class” will be rather suspicious of any talk about such people “helping orphans”.
And this was the case for me when I read that “in 1949, Cardinal Spellman sponsored an important initiative to help Italian war orphans, which planned to raise funds from the Italian community in Brazil. The organiser of this initiative was Countess Amalia Matarazzo, whose family was the point of reference for fascist refugees in Brazil”. [36]
We come back to neofascism’s industrial connections here, in fact: “The Matarazzos were a family of rich Italian emigrants in Brazil, where they had built up a great fortune through various different sectors: the mechanical industry, salt and sugar, printing, the chemical industry, maritime navigation and the textile industry”. [37]
Parlato further cites police files which refer to “enormous sums from Italy and abroad” put at the disposition of two particular neofascists immediately after the end of the war. [37]
One of these was Puccio Pucci, who had been an officer of Mussolini’s personal guard (Moschettieri) and president of the Italian National Olympic Committee. [38]
This last detail points directly to a ZIM connection, as will be understood by anyone who has read my 2024 piece ‘The Olympic agenda is profit and control’. [39]
As I mention there, a stalwart sponsor of the Olympic Games for the last century, even for the Nazi Olympics in Berlin in 1936, has been Coca-Cola, and I do not suppose it is a coincidence that Emilio Patrissi, who in 1947 founded the neofascist Movimento Nazionalista per la Democrazia Sociale, enjoyed such “excellent” links with certain American funders that they invited him to become Coca-Cola’s representative in Italy! [40]
Further context is provided by a 2023 article which states that “Coca-Cola’s steadfast allegiance to Israel, demonstrated by its resistance to the Arab League boycott, has established its pivotal role as a significant trade ally, earning commendations from the Israeli Government Economic Mission for its unwavering dedication” [41] and by the fact that it is currently being boycotted by pro-Palestine campaigners because it “is implicated in Israeli war crimes”. [42]
Parlato notes that the flow of information provided by “anti-communists” to American intelligence incited “astronomical increases” in dark funds from Washington in the lucrative racket that was the Cold War. [43]
He comments: “The contacts that neofascists made with milieux more or less representing the American secret services, the ecclesiastical realm, the Masonic sectors, monarchist groups and representatives of the Israeli services did not lead to an internal division in the neofascist world.
“This is solely because these contacts were covered with a cloak of silence. If the membership had learned with what kind of people the neofascist leaders had negotiated, there would probably never have been an MSI”. [44]
What his book confirms is the reality that “fascism”, “communism” and “democracy” were and are fictional characters in the theatrical production called “history” or “politics”.
Behind the scenes lies something else entirely, whose very existence we are brainwashed, gaslit and intimidated into not seeing, let alone challenging.
In his book The Jewish Century Yuri Slezkine proudly describes a vertically-integrated “Jewish economy” that he says dominates the modern world. [45]
But what he writes about (Jewish domination of banking, industry, academia, politics, media and culture) is only the tip of the iceberg and lurking underneath is a vertically-integrated black economy – the world of money-laundering and extortion, of arms trafficking, drugs trafficking and child trafficking.
This is utterly entwined with the machineries of captured institutional power, including the deep state and its agents which infiltrate and sabotage all opposition to global mafia control.
Industrial pollution and exploitation; war and terrorism; reconstruction and modernisation; banking and bribery; prostitution, paedocriminality and blackmail; surveillance, censorship and media propaganda are all cogs in one vast diabolical machine.
If we are to free ourselves from the grip of this psychopathic supremacist entity – which aims to dominate and destroy our societies, cultures and peoples – we will have to be able to see clearly what we are up against and redefine our outlook accordingly.
We cannot afford to remain trapped in its false binary oppositions of “left” versus “right”, “communism” versus “anti-communism” or “fascism” versus “anti-fascism” – even “Zionism” versus “anti-Zionism” is a trap if we fail to see that judeo-supremacism is about much more than the state of Israel.
And then, once we understand what our enemy really is, we can resolve to dedicate our lives to overcoming it – for the sake of the decent majority of humankind and of the living world to which we all belong.
Previous articles in this series:
Neofascists and communists: a love-hate relationship
Divide and rule: the anti-communist psychosis
[1] Henri Michel; Les fascismes (Paris: Presses Universitaires de France, Que sais-je series, 1987), p. 36. All translations from French are my own.
[2] Michel, p. 40.
[3] Letter from E. Reale to Salvemini, September 24 1945, G. Salvemini, Lettere dall’America 1944-1946 (Bari: Laterza, 1967), pp. 175-78, cit. Giuseppe Parlato, Les fascistes sans Mussolini: Les origines du néofascisme en Italie (1943-1948), trans. Istvan Leszno, (Château-Thébaud: Ars Magna, 2025), first published in 2006 then 2012 as Fascisti senza Mussolini: le origini del neofascismo in Italia (1943-1948), p. 328.
[4] Parlato, p. 167.
[5] Parlato, p. 172, https://it.wikipedia.org/wiki/Romolo_Vaselli,
https://it.wikipedia.org/wiki/Giovanni_Armenise
[6] Parlato, p. 352.
[7] Paul Cudenec, ‘Divide and rule: the anti-communist psychosis’, https://winteroak.org.uk/2026/06/12/divide-and-rule-the-anti-communist-psychosis/
[8] Parlato, p. 451.
[9] Parlato, p. 486, https://it.wikipedia.org/wiki/SNIA
[10] Parlato, p. 288.
[11] Cudenec, ‘Divide and rule: the anti-communist psychosis’.
[12] Parlato, p. 142.
[13] Parlato, p. 175, pp. 178-79.
[14] Parlato, p. 393.
[15] Parlato, pp. 635-36.
[16] Parlato, p. 393.
[17] Paul Cudenec, ‘Benito Mussolini and the New World Order’,
https://winteroak.org.uk/2026/02/05/benito-mussolini-and-the-new-world-order/
[18] https://en.wikipedia.org/wiki/Betar_Naval_Academy
[19] A. Sereni, I clandestini del mare: l’emigrazione ebraica in terra d’Israele dal 1945 al 1948 (Milan: Mursia, 1973), pp. 113-14, cit. Parlato, p. 354.
[20] Ruth Bondy, The Emissary: A Life of Enzo Sereni (Boston: Little Brown & Co., 1977), p. 141, https://archive.org/details/emissarylifeofen00bond/page/n295/mode/2up?q=salvation, cit. https://nazismosionismo.blogspot.com/2012/03/capitulo-xxxiii-los-marinos-fascistas.html
[21] Kongresszeitung, official stenographic organ of the Zionist Congress, No 5, p. 9, cit. Paul Novick, Zionism Today (New York: The Jewish Buro of the Central Committee of the Communist Party of the USA, 1936), p. 5, https://www.marxists.org/subject//jewish/novick-zionism.pdf
[22] Parlato, p. 354.
[23] Parlato, p. 355.
[24] Parlato, p. 356.
[25] Parlato, pp. 358-59.
[26] M. Tedeschi, Fascisti dopo Mussolini (Rome: Arnia, 1950), later republished (Rome: Settino Sigillo, 1996), p. 133, cit. Parlato, p. 359.
[27] https://nazismosionismo.blogspot.com/2012/03/capitulo-xxxiii-los-marinos-fascistas.html
[28] Interview with N. Buttazzoni of March 28 2005, cit. Parlato, p. 672.
[29] https://en.wikipedia.org/wiki/Otto_Skorzeny#Recruitment_by_Mossad
[30] https://www.youtube.com/watch?v=CTAjc1OSrmY
[31] Parlato, pp. 356-57.
[32] Parlato, p. 356.
[33] Cudenec, ‘Divide and rule: the anti-communist psychosis’.
[34] Parlato, pp. 486-87.
[35] Parlato, p. 487.
[36] Archivio Centrale dello Stato, Rome, MIF Papers, b. 37, fasc. 10, cit. Parlato, p. 679.
[37] Parlato, p. 488.
[37] Parlato, pp. 131-32.
[38] Parlato, p. 126-27.
[39] Paul Cudenec, ‘The Olympic agenda is profit and control’,
https://winteroak.org.uk/2024/05/06/the-olympic-agenda-is-profit-and-control/
[40] Parlato, p. 422, https://olympics.com/en/paris-2024/committee/games-stakeholder/partners
[41] https://paketmu.com/is-the-coca-cola-company-supportive-of-israel-explained/
[42] https://bdsmovement.net/news/coca-cola-quenching-israel%E2%80%99s-genocidal-soldiers%E2%80%99-thirst
[43] Parlato, p. 368.
[44] Parlato, p. 410.
[45] Paul Cudenec, ‘Invisible imperialism’, https://winteroak.org.uk/2026/04/23/invisible-imperialism/
winter oak 