The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism
Clara E. Mattei, "The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism"
English | ISBN: 022681839X | 2022 | 480 pages | PDF | 2 MB
English | ISBN: 022681839X | 2022 | 480 pages | PDF | 2 MB
"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
Read more