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The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism by Clara E. Mattei

• The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism
• Clara E. Mattei
• Page: 480
• Format: pdf, ePub, mobi, fb2
• ISBN: 9780226836744
• Publisher: University of Chicago Press

The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism

Downloading books to iphone The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism (English Edition) by Clara E. Mattei 9780226836744

A Financial Times Best Book of the Year "A must-read, with key lessons for the future."—Thomas Piketty A groundbreaking examination of austerity’s dark intellectual origins.  For more than a century, governments facing financial crisis have resorted to the economic policies of austerity—cuts to wages, fiscal spending, and public benefits—as a path to solvency. While these policies have been successful in appeasing creditors, they’ve had devastating effects on social and economic welfare in countries all over the world. Today, as austerity remains a favored policy among troubled states, an important question remains: What if solvency was never really the goal?  In The Capital Order, political economist Clara E. Mattei explores the intellectual origins of austerity to uncover its originating motives: the protection of capital—and indeed capitalism—in times of social upheaval from below.  Mattei traces modern austerity to its origins in interwar Britain and Italy, revealing how the threat of working-class power in the years after World War I animated a set of top-down economic policies that elevated owners, smothered workers, and imposed a rigid economic hierarchy across their societies. Where these policies “succeeded,” relatively speaking, was in their enrichment of certain parties, including employers and foreign trade interests, who accumulated power and capital at the expense of labor. Here, Mattei argues, is where the true value of austerity can be observed: its insulation of entrenched privilege and its elimination of all alternatives to capitalism.  Drawing on newly uncovered archival material from Britain and Italy, much of it translated for the first time, The Capital Order offers a damning and essential new account of the rise of austerity—and of modern economics—at the levers of contemporary political power.

The Capital Order - How Economists Invented Austerity

The Dawn of Austerity
An interview with Clara E. Mattei, the author of The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism.
The Capital Order: How Economists Invented Austerity and
In The Capital Order, political economist Clara E. Mattei explores the intellectual origins of austerity to uncover its originating motives: the protection of 
The Capital Order: How Economists Invented Austerity and

The Capital Order: How Economists Invented Austerity and
“A fascinating history of the rise of austerity policies in post–World War I Europe and how it paved the way for fascism—along with many of the 

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