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 did not create a base of support among the voters, and depended instead on elite elements. His actions discredited the king and ruined the monarchy, while heightening social tensions that led in 1936 to a full-scale Spanish Civil War. On the death of his uncle in 1921 he became Marques de Estella. With the support of King Alfonso XIII and the army, Primo de Rivera led a Mussolini-inspired military coup at 23. September 1923. He was appointed Prime Minister by the King. He promised to eliminate corruption and to regenerate Spain. In order to do this he suspended the constitution,