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[S13 E12] How Austerity Paves the Way for Fascism

In this week’s Economic Update, Prof. Wolff interviews Prof. Clara Mattei on her new book "Capital Order: How Economists Invented Austerity and Paved the Way to Fascism."

Economic Update with Richard D. Wolff is a @democracyatwrk production. We make it a point to provide the show free of ads. Please consider supporting our work. Join our Patreon community:   / democracyatwork   and help us spread Prof. Wolff's message to a larger audience. Every donation counts!

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About our Guest: Clara E. Mattei is a faculty member at the Economics Department of The New School for Social Research, and was a 2018-2019 member of the School of Social Sciences at the Institute for Advanced Studies.Her research contributes to the history of capitalism, exploring the critical relation between economic ideas and technocratic policy making. She recently published her first book titled Capital Order: How Economists Invented Austerity and Paved the Way to Fascism (University of Chicago Press, November 2022) It investigates the origins of austerity after the WWI crisis to understand its logic as a tool of reaction against any alternatives to capitalism.

The book has received widespread media attention. Amongst many, it was in the Financial Times as a Best Economics Books of the Year, it was reviewed in The Guardian, Nature Magazine, The New Statesman, Jacobin etc. it was also extensively praised and cited by public intellectuals such as Noam Chomksy, Thomas Piketty and Yanis Varoufakis.

She is currently working on a book project which critically reassesses the Golden Age of Capitalism (1945-1975) and its Keynesianism through the lens of austerity capitalism.

Links: Website: www.claramattei.com
Twitter: @claraemattei
The Chicago website has the recent reviews: https://press.uchicago.edu/ucp/books/...
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