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February 19, 2024 30 mins

Max and Nafkote interview the brilliant Dr. Clara Mattei on the history of austerity and how it was created to maintain “the capital order”.

Austerity today the world over remains a favored tool of policymakers. And yet it is far more than just a policy. We examine the roots of austerity and its fundamental role in entrenching capital, and disciplining people to never dare to create alternative economic systems.

Dr. Clara Mattei is Associate Professor of Economics at the New School for Social Research. She is the author of The Capital Order: How Economists Invented Austerity and Paved The Way to Fascism.

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