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The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism Clara E. Mattei ebook

• Page: 480
• Format: pdf / epub / kindle
• ISBN: 9780226836744
• Publisher: University of Chicago Press

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Overview A Financial Times Best Book of the Year

"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...