How Economists Invented Austerity and Paved the Way to Fascism (with Clara Mattei)

How Economists Invented Austerity and Paved the Way to Fascism (with Clara Mattei)

We already know that many mainstream economists advocate against the economic interests of the majority of working Americans and for the benefit of a tiny handful of super-rich people and corporations. But Clara Mattei argues that economists are actually guilty of something even more insidious: By promoting austerity measures that destabilize working people and consolidate wealth and power at the very top of the income scale, economists have created the perfect conditions for fascism to take root around the world. Is it too late to rebuild our democratic institutions through a new economic understanding? Clara Mattei is a distinguished academic in the field of economics and an Associate Professor of Economics at The New School for Social Research in New York City. Her research examines the history of capitalism, exploring the critical relationship between economic ideas and technocratic policymaking. She’s the author of the book, The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism. Twitter: @claraemattei The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism https://press.uchicago.edu/ucp/books/book/chicago/C/bo181707138.html Website: http://pitchforkeconomics.com Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer

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Episoder(443)

Myths That Built Trickle-Down Economics: Austerity Politics (with Clara Mattei)

Myths That Built Trickle-Down Economics: Austerity Politics (with Clara Mattei)

This week, we’re continuing our archive miniseries, Myths That Built Trickle-Down Economics, with the myth that austerity is responsible economic policy. We’re revisiting this conversation now becaus...

14 Jul 48min

Myths That Built Trickle-Down Economics: Zombie Economics (with Paul Krugman)

Myths That Built Trickle-Down Economics: Zombie Economics (with Paul Krugman)

This week, we’re continuing our archive miniseries, Myths That Built Trickle-Down Economics, with the myth that bad economic ideas die once the evidence proves them wrong. They don’t. They come back ...

7 Jul 44min

Myths That Built Trickle-Down Economics: Shareholder Value (with William Lazonick and Lenore Palladino)

Myths That Built Trickle-Down Economics: Shareholder Value (with William Lazonick and Lenore Palladino)

This week, we’re continuing our archive miniseries, Myths That Built Trickle-Down Economics, with the myth that corporations exist to maximize shareholder value. For decades, Americans were sold the ...

30 Jun 47min

Myths That Built Trickle-Down Economics: Regulations Kill Growth (with Robert Reich)

Myths That Built Trickle-Down Economics: Regulations Kill Growth (with Robert Reich)

This week, we’re kicking off our archive miniseries, Myths That Built Trickle-Down Economics, with one of the most persistent myths in American politics: that regulation kills growth. Corporate lobby...

23 Jun 39min

AI Job Loss Is Real. The Catastrophe Is Optional (with Kathryn Edwards)

AI Job Loss Is Real. The Catastrophe Is Optional (with Kathryn Edwards)

AI doomsdayers want us to believe mass job loss would be unprecedented. But Kathryn Anne Edwards has a sharp reminder: In the first five weeks of the pandemic, the U.S. economy shed 22.5 million jobs—...

16 Jun 38min

The Policy Choices That Suppressed American Wages (with Josh Bivens and Larry Mishel)

The Policy Choices That Suppressed American Wages (with Josh Bivens and Larry Mishel)

Why have wages for working Americans stagnated for decades—even as productivity, corporate profits, and the wealth of the people at the top continued to rise? The mainstream explanations are familiar...

9 Jun 38min

Market Humanism: A New Operating System for the Economy (with Nick Hanauer)

Market Humanism: A New Operating System for the Economy (with Nick Hanauer)

For the first time in Pitchfork Economics history, Nick Hanauer is on the other side of the mic. Goldy and Paul sit down with Nick to discuss Market Humanism: the emerging economic paradigm he and Er...

2 Jun 56min

What Comes After Neoliberalism? (with Nick Hanauer & Eric Beinhocker)

What Comes After Neoliberalism? (with Nick Hanauer & Eric Beinhocker)

This week, we’re sharing a special episode from Washington Monthly featuring Pitchfork Economics co-host Nick Hanauer and Oxford professor Eric Beinhocker in conversation with Anne Kim about Market Hu...

26 Mai 31min

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