Small miniorities.It would be quite improbable. At the turn of the century, Italy didn't have that political stability or geopolitical safeness that could ensure such politic. The irredentism movement, while not powerful as many believe, was not dead and too many still thought war as necessary to forge a "national spirit". The whole "la guerra sola igiene del mondo" idiocy.
But maybe for the better.On the other hand is true that many of the italian war in XX century could have been avoided, such as the italian-turkish war. But altering those events would result in severe butterflies over the whole european history. If Italy hadn't conquered Lybia, for example, we would have never probably had the two balkanic wars and, with a different political equilibrium in the "powder keg of Europe", WW1 would have been completely different and so on so forth.
Well,without Lybia, Italy had only part of Somalia,and Eritrea that in those times were quiet places.Finally, even if Italy could have avoided all the majors involvements of XX century, I don't see how could have avoided some kind of war in the colonies, as many other colonial powers had to face.
And if you add destructions,war expenses and victims ofTo get to your question, though, I think that a neutral Italy would have been a much more rich and developed country than OTL. The degree of destruction brought forth by WW2 nearly levelled Italy as industrial nation, while economy nearly collapsed thanks to war expenses. Not to mention the highest price of all: the thousands of italians died for nothing...
Like the Italy saved the world.Considering how expensive her "colonies" proved, Italy would probably be better off without them. Only keeping Libya post-oil discovery would have made them profitable.
Assuming I-T war as OTL, if say a continued Giolittian Italy stays neutral then we could very well see a CP victory as AH will likely be able to contain *Bruselev (sp?) and crush Serbia. Call it a kinder, gentler *Brest-Litvok by 1917 and negotiated peace in the west soon after. Germany implements their "*Common Market" type idea...maybe no WW2? Perhaps Italy eventually joins or makes deal with this early "EU". Better for Italy, likely, since no massive WWI casualties or debt and later trade prospects.
Small miniorities.
The Carabinieri's guns could easily solve the problem.
The great mayority of Italian peoples demand only a quiet life.
Well,without Lybia, Italy had only part of Somalia,and Eritrea that in those times were quiet places.
And if you add destructions,war expenses and victims of
Lybia,WW-I,counter-insurrection in Lybia,war in Ethiopia,war in Spain...........War is a very bad bargain.
?Could Italy have lost the Italian-Turkish War?
Before the fascism Italy was a democracy,although was a authoritarian democracy.Still, they managed to get Italy into war. The large majority was for peace, granted, but Italy wasn't a democracy, unfortunately.
I see a quiet decolonization in 60s.But those areas got indipendence right after WW2 (more or less, Erythrea had to fight pretty hard to get her). If Italy stays neutral, Somalia and Erythrea will still be colonies in the fifties. You could suppose a bout of far-sightedness by the italian goverment and a peaceful transition, but given how much money and blood had been poured there I doubt it. Besides there was quite a settlers presence there.