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Written into the constitution: How Italy nurtures and protects its co-ops
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Written into the constitution: How Italy nurtures and protects its co-ops

Jul 7, 2026 • 1h 02min 36s

Episode description

This week, Chris talks to Vera Zamagni, Professor of Economic History at the University of Bologna, Senior Associate Fellow at Johns Hopkins University’s SAIS Europe, and a former Vice President of the Emilia-Romagna regional government.

Since 1948, Article 45 of Italy’s constitution has recognised the social function of cooperation, and no government since has legislated against it. In Emilia-Romagna, that helped build an economy where more than 3,600 cooperatives sit alongside a dense network of small, export-focused private firms - Vera says cooperatives now account for up to a fifth of the regional economy once you include the firms they control.

In this conversation: the historical roots of the Emilian model, whether cooperatives and small private business can coexist with capitalism, whether any of this can travel beyond Italy, and why Vera believes the greatest threat to the cooperative model today isn’t politics - it’s artificial intelligence.

Become a Subscriber+ member to hear how Vera actually found her way into this work, and her years running part of the regional government: https://content.changingthenarrative.media

CHAPTERS

00:00 Opening

00:58 The Cooperative Economy of Emilia-Romagna

02:15 The Historical Context of Italian Cooperatives

05:55 The Roots of the Emilian Model

11:21 The Scale of Cooperative Italy Today

16:32 Can Cooperatives Keep Growing?

22:00 Cooperatives and Capitalism: Is Coexistence Possible?

26:08 Can the Model Travel Beyond Italy?

31:45 Resisting the AI Tsunami

33:54 Britain’s Identity Crisis and the Anglo-Saxon Trap

38:44 Culture Before Everything: Growing Co-ops Without the Italian Foundations

47:08 Italy’s Constitutional Shield

50:32 Building from Below: The New York Childcare Experiment

56:41 Cooperation Among Cooperatives: Italy’s Networked Model

Full show notes, chapters and further reading: https://content.changingthenarrative.media/written-into-the-constitution-how-italy-nurtures-and-protects-its-co-ops

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Changing the Narrative
Changing the Narrative @ChangingTheNarrative Jul 7, 2026
1:02:36 Written into the constitution: How Italy nurtures and protects its co-ops
S01:E02 Jul 7, 2026
Written into the constitution: How Italy nurtures and protects its co-ops
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