Economics of fascism policies on the theories of national syndicalism as expounded by the Falange (Spanish for "phalanx"), the Spanish Fascist party founded in 1933 by José Antonio Primo de Rivera, which was one of Franco's chief supporters during his bid for power. During and after the Spanish Civil War, Franco and the Falange created a corporative system based on the Italian model. Economic liberalism was replaced with economic intervention according to the wishes of the corporations, which also set prices and wages. Combined with autarky and in the absence of Marshall Plan aid after the Second World War, Spain's post-war economic growth
Miguel Primo de Rivera this might be the reason why the Spanish Socialist Party and UGT were quick to cooperate with the government and its leaders affiliated themselves with the committees mentioned before. Individual workers also benefited because the regime undertook massive public works. The government financed such projects with huge public loans, which Calvo Sotelo argued would be repaid by the increased taxes resulting from economic expansion. Unemployment largely disappeared. But Primo de Rivera brought order to Spain with a price: his regime was a dictatorship, albeit a mild one. He censored the press. When intellectuals criticized the government, he closed El Ateneo,