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Without control is there really ownership? And is there really any capitalism when the state controls everything it does not own?

Many Italian property owners and businessmen would have said yes to both questions.

State control didn't reach down to the level of everyday business decisions. If you supported the party, they weren't going to get in your way.

The traditional European right wasn't as in love with business or free enterprise as many American conservatives are today.

[drpix]

Fascist/Nazi state control reached down as far as the state thought it was necessary at any given time to insure the interests of the state. Similarly, Stalin tolerated "private business" - even to the extent of partnering with Ford in an auto & truck manufacturing plant in Gorky - when it was in the interest of the state.

The European so called "capitalisst" and "right" under Hitler & Mussolini were merely necessary and well paid functionaries of a leftwing totalitarian states who needed them for the time being.