Italy, Inc – Privatizing The Monuments

“According to one UNESCO estimate, Italy is the cultural repository of more than two-thirds of western civilisation. But the state spends little on culture—just 0.18% of GDP—and an absence of tax breaks for donations gives the private sector little incentive to help.” So the way Italy’s cultural assets are run is apalling. Could the private sector do a better job? The country’s Prime Minister says yes…