Since 1934 countless books and articles have hailed the new corporative state in Italy. Professor Salvemini, whose scholarly competence no one will question, here subjects the whole organization and its operation to a ruthlessly realistic analysis. His conclusions, based almost exclusively upon official fascist material, are little short of startling. A decided fall in real wages, much unemployment, a lowered standard of living -- these are set down as some of the achievements of the present régime. The corporate state appears as a huge mystification, designed to camouflage the failure of the dictatorship.