Still the head of the liberals, Giolitti did not resist the country's drift towards Fascism.
In 1919 he supported the cabinet of Ivanoe Bonomi, a social-liberal who led the Reformist Socialist Party; when Bonomi resigned, the Liberals proposed again Giolitti as Prime Minister, considering him the only one who could save the country from the civil war.
The People's Party of Don Luigi Sturzo, which was the senior party in the coalition, strongly opposed him.
On 26 February 1922, King Victor Emmanuel III gave Luigi Facta the task to form a new cabinet.
Facta was a Liberal and close friend of Giolitti.

When the Fascist leader Benito Mussolini marched on Rome in October 1922, Giolitti was in Cavour.
On 26 October, former prime minister Antonio Salandra warned the current prime minister, Facta, that Mussolini was demanding his resignation and that he was preparing to march on Rome.
However, Facta did not believe Salandra and thought that Mussolini would govern quietly at his side.
To meet the threat posed by the bands of fascist troops now gathering outside Rome, Luigi Facta (who had resigned but continued to hold power) ordered a state of siege for Rome.
Having had previous conversations with the king about the repression of fascist violence, he was sure the king would agree.
However, Victor Emmanuel III refused to sign the military order.
On 28 October, the King handed power to Mussolini, who was supported by the military, the business class, and the right-wing.

Mussolini pretended to be willing to take a subalternate ministry in a Giolitti or Salandra cabinet, but then demanded the Presidency of the Council.
Giolitti supported Mussolini's government initially – accepting and voting in favour of the controversial Acerbo Law which guaranteed that a party obtaining at least 25 percent and the largest share of the votes would gain two-thirds of the seats in parliament.
He shared the widespread hope that the fascists would become a more moderate and responsible party upon taking power, but withdrew his support in 1924, voting against the law that restricted press freedom.
During a speech in the Chamber of Deputies, Giolitti said to Mussolini: "For love of our fatherland, do not treat the Italian people as if it did not deserve the freedom that it always had in the past."

In December 1925, the provincial council of Cuneo, in which Giolitti was re-elected president in August, voted a motion which asked him to join the National Fascist Party.
Giolitti, who at the time, completely opposed the regime, resigned from his office.
In 1928 he spoke to the Chamber against the law which effectively abolished the elections, replacing them with the ratification of governmental appointments.
Still the head of the liberals, Giolitti did not resist the country's drift towards Fascism. In 1919 he supported the cabinet of Ivanoe Bonomi, a social-liberal who led the Reformist Socialist Party; when Bonomi resigned, the Liberals proposed again Giolitti as Prime Minister, considering him the only one who could save the country from the civil war. The People's Party of Don Luigi Sturzo, which was the senior party in the coalition, strongly opposed him. On 26 February 1922, King Victor Emmanuel III gave Luigi Facta the task to form a new cabinet. Facta was a Liberal and close friend of Giolitti.
When the Fascist leader Benito Mussolini marched on Rome in October 1922, Giolitti was in Cavour. On 26 October, former prime minister Antonio Salandra warned the current prime minister, Facta, that Mussolini was demanding his resignation and that he was preparing to march on Rome. However, Facta did not believe Salandra and thought that Mussolini would govern quietly at his side. To meet the threat posed by the bands of fascist troops now gathering outside Rome, Luigi Facta (who had resigned but continued to hold power) ordered a state of siege for Rome. Having had previous conversations with the king about the repression of fascist violence, he was sure the king would agree. However, Victor Emmanuel III refused to sign the military order. On 28 October, the King handed power to Mussolini, who was supported by the military, the business class, and the right-wing.
Mussolini pretended to be willing to take a subalternate ministry in a Giolitti or Salandra cabinet, but then demanded the Presidency of the Council. Giolitti supported Mussolini's government initially – accepting and voting in favour of the controversial Acerbo Law which guaranteed that a party obtaining at least 25 percent and the largest share of the votes would gain two-thirds of the seats in parliament. He shared the widespread hope that the fascists would become a more moderate and responsible party upon taking power, but withdrew his support in 1924, voting against the law that restricted press freedom. During a speech in the Chamber of Deputies, Giolitti said to Mussolini: "For love of our fatherland, do not treat the Italian people as if it did not deserve the freedom that it always had in the past."
In December 1925, the provincial council of Cuneo, in which Giolitti was re-elected president in August, voted a motion which asked him to join the National Fascist Party. Giolitti, who at the time, completely opposed the regime, resigned from his office. In 1928 he spoke to the Chamber against the law which effectively abolished the elections, replacing them with the ratification of governmental appointments.
Giovanni Giolitti