The Capital Order with Clara E. Mattei - Dec 10 2022

In her book 'The Capital Order' (Univ. Chicago Press, 2022), 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. Drawing on newly uncovered archival material from Britain and Italy, she offers a damning account of the rise of austerity - and of modern economics - at the levers of contemporary political power. Mattei reveals how the threat of working-class power in the years after World War I animated policies that elevated owners, smothered workers, and imposed a rigid economic hierarchy across societies. Where austerity “succeeded,” relatively speaking, was in their enrichment of ruling-class interests who accumulated power and capital at the expense of labor. Here is where the true value of austerity can be observed: its insulation of entrenched privilege and its elimination of all alternatives to capitalism.

[@gorgeoushammer]

Want this book!

[@draft74draft65]

Cristal clear Clara!

[@oscarcazarez2227]

Thank you for your contribution & teaching! Will you please consider narrating an audio of your book, that would be cool!

[@Glumclam]

👍

[@ToutPsy]

thx a lot from a spaniard living in Belgium!!!

[@enemyofYTemployees]

This person is “If printing money would end poverty, printing diplomas would end stupidity” in the flesh.

[@rikosririkos5141]

That's why people say Italy , and stars start flickering in front of their eyes !!!😍

[@allypoum]

Clara is awesome.