Psmith, the TeX bot, in fixed font mode: Here's the output from texdef:
\itemize:
macro:->\ifnum \@itemdepth >\thr@@ \@toodeep \else \advance \@itemdepth \@ne \edef \@itemitem {labelitem\romannumeral \the \@itemdepth }\expandafter \list \csname \@itemitem \endcsname {\def \makelabel ##1{\hss \llap {##1}}}\fi