000			02742nam a22003497a 4500
001			22407591
003			IIITD
005			20230211145627.0
008			220202s2022 ilu b 001 0 eng
010			_a 2022005299
020			_a9780226818399
040			_aICU/DLC _beng _erda _cDLC
042			_apcc
043			_ae-uk--- _ae-it---
050	0	0	_aHB501 _b.M38 2022
082	0	0	_a330.12 _223/eng/20220214 _bMAT-C
100	1		_aMattei, Clara E.,
245	1	4	_aThe capital order : _bhow economists invented austerity and paved the way to fascism _cby Clara E. Mattei.
260			_aChicago : _bUniversity of Chicago Press, _c©2022
263			_a2211
300			_a452 p. : _bill. ; _c24 cm.
504			_aIncludes bibliographical references and index.
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"--
650		0	_aCapitalism _zGreat Britain.
650		0	_aCapitalism _zItaly.
650		0	_aStagnation (Economics)
650		0	_aFascism _zGreat Britain.
650		0	_aFascism _zItaly.
906			_a7 _bcbc _corignew _d1 _eecip _f20 _gy-gencatlg
942			_2ddc _cBK
999			_c170913 _d170913