The article reflects on Italy's political scene and governance, highlighting the critical discussions surrounding the referendum and the electoral law that have come to the forefront. It reminisces about Italy in the late 90s, when the country faced significant transformations leading up to the introduction of the Euro, contrasting it with the current scenario, where Italy must navigate through economic challenges and a shifting global political climate marked by figures like Putin and Trump.

As it critiques the current right-wing leadership, the article captures the sentiment that despite having made progress, Italy is grappling with a stagnant economy, high unemployment, and disillusionment among citizens. The term 'capocracy' used in the title hints at the perception of a governance heavily influenced by elites and powerful lobby groups, which may undermine democratic processes and electoral integrity. This raises concerns about Italy's future direction and the need for reforms in its political structure.

The implications of the ongoing debates are significant, as they can shape the country's electoral framework and influence the upcoming political landscape. The internal divisions among parties regarding electoral laws may affect voter turnout and public trust in the political system, emphasizing the urgency for responsive governance that addresses the immediate needs of Italian citizens amidst an increasingly complex global context.