Clara E. Mattei is an Assistant Professor in 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.
Her forthcoming book “The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism” examines the history of austerity. She presents a paradigm shift in the austerity debate by problematizing the goal of austerity as economist preaches for troubled nations as only way forward. 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.
P.S- The book is just about to come out, and it is open for preorder at this stage.
https://press.uchicago.edu/ucp/books/book/chicago/C/bo181707138.html
00:00 Highlight
01:08 Introduction
03:12 Why austerity?
17:29 Why the WW1?
32:27 Austerity and fascism
58:05 Italy- liberalism or fascism?
#austerity #capital #inflation
16 Comments
Dude do you take donations? You're great.
I dont know how I found such a small radical leftist channel that consistently puts out such fantastic content. From me in America to you, Jyotishman, in India. Keep up the good work and thank you for the priceless educational resources im these troublesome times.
Damn. This is gold standard. The guest is awesome, and the host is addictively well informed. Thank you so much, for keeping class politics alive in economics.
thank you very much! KLASSE!
Southampton, Hampshire, England That was where Rishi Sunak was born. Which makes him briitish, an english national.
He is not Indian by any means. By all means a vassal of the ex-empire, serving capitalist, high-caste indian privilege.
Why must the left bicker and prod about him being Indian? What a regressive aspect – waste of time.
seems like the simple solution to our times is destroying central banks and chasing away politicians that spend money as ludwig von mises suggested. Cant be any worse than the technocratic consumer society built of government subsides of picking winners and loser via central planning causing massive bubbles that we see today.
"Ït does not matter if the cat is white or black. Needs to be able to catch mice" Standard of living for citizens very important.
Hi Comrade, Thank you for such a amazing and informed conversation . Just one suggestion can we also have conversations with Indian trade union leaders and activist?
How Uncle Sam is liberal to you!
fascism never ended, it just changed its subgenre.
One of the things that define the pigs is that they cannibalize the weak and the sick so yeah they are looking into the mirror.
Thanks!
Thanks for doing this, your channel is such a hidden gem and I'm glad I subscribed to you. You're such a kind and sharp man and an excellent listener, Jyotishman!
Lol youtube pushing leftist propaganda again
Nice video, I really appreciate your clear and simple breakdown on financial pitfalls! I lost so much on pCrypto's, but now making around $9000-$12000 every week trading different on stocks and Cryptocurrencies…
As your (Jyotishman's) close friend, i can very easily sense your rise in intellectual knowledge, skills of interacting with the guests and the value of listening in all the videos. People like you will surely make the world a much knowledgeable, tolerant and peaceful place. The guest you invited has an equally kind and charismatic personality.👍
You have a long way to go !! All the best for future.