000			03212cam a22003498i 4500
001			ocm1296686961
003			OCoLC
005			20230703154923.0
008			220202s2022 ilu b 001 0 eng
010			_a 2022005299
019			_a1296690875
020			_a9780226818399
035			_a(OCoLC)1296686961 _z(OCoLC)1296690875
040			_aICU/DLC _beng _erda _cDLC _dOCLCO _dYDX _dBDX _dOCLCF _dUKMGB _dTOH _dCDX _dMiTN
050	0	0	_aHB501 _b.M38 2022
099			_a330.122 _aM
100	1		_aMattei, Clara E.,
245	1	4	_aThe Capital order : _bhow economists invented austerity and paved the way to fascism / _cClara E. Mattei.
264		1	_aChicago : _bUniversity of Chicago Press, _c2022.
300			_a452 pages : _billustrations ; _c24 cm.
336			_atext _btxt _2rdacontent.
337			_aunmediated _bn _2rdamedia.
338			_avolume _bnc _2rdacarrier.
504			_aIncludes bibliographical references (pages 409-437) and index.
505	0		_aThe Great War and the economy -- "A wholly new school of thought" -- The struggle for economic democracy -- The new order -- International technocrats and the making of austerity -- Austerity, a British story -- Austerity, an Italian story -- Italian austerity and fascism through British eyes -- Austerity and its "successes" -- Austerity forever.
520			_a"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 means to regain 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 Capital Order, political economist Clara E. Mattei traces 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, 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"-- _cProvided by publisher.
650		0	_aCapitalism _zGreat Britain.
650		0	_aCapitalism _zItaly.
650		0	_aFascism _zGreat Britain.
650		0	_aFascism _zItaly.
650		0	_aStagnation (Economics)
999			_c523182 _d523182