Abstract

This brief note intend to be a general comment on some important questions which stay behind the on-going social security reform in Italy. It firstly aims to address the question whether this reform will turn out to be exclusively a prop reform of the social security system, or it will come up in rethinking the role of the State as a whole. We wonder then if the economic indicators which are utilised are thought of as the most suitable to lighten the booming evolution of the pensions system and even more to be helpful in suggesting proposals to modify it. The last question we ask is about the effects on the nature of capitalism itself that pension-funds are likely to bring forth, in a system like the Italian one, where the development of financial markets is still in progress.