
Yes the state has control over the direction of production, but it’s directly to the interests of private capitalist interests as established in the first half of the quote. And yes “corporatism” never appears in this quote which is why I said “essentially yes” but not in this translation exactly.
If you knew anything about Mussolini you’d know that he believed that the state was the embodiment of the nation, and that it didn’t serve any class. “Private enterprise is its most effective instrument” quite literally means that private businesses are the most important tool of the state.
Correct, my point still stands as he directly spells it out that private enterprise should direct production for the state, while still remaining in private hands. This, weather he thinks so or not, serves the interest of capitalists who own private enterprise, and they extract the profits