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Clara Mattei: Relationship between liberalism & fascism. Are Britain and Italy so different? 

India & Global Left
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Clara E. Mattei is an Assistant Professor in the Economics Department of The New School for Social Research, and was a 2018-2019 member of the School of Social Sciences at the Institute for Advanced Studies. Her research contributes to the history of capitalism, exploring the critical relation between economic ideas and technocratic policy making.
Her forthcoming book "The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism" examines the history of austerity. She presents a paradigm shift in the austerity debate by problematizing the goal of austerity as economist preaches for troubled nations as only way forward. 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.
P.S- The book is just about to come out, and it is open for preorder at this stage.
press.uchicago.edu/ucp/books/...
00:00 Highlight
01:08 Introduction
03:12 Why austerity?
17:29 Why the WW1?
32:27 Austerity and fascism
58:05 Italy- liberalism or fascism?
#austerity #capital #inflation

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7 авг 2024

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Комментарии : 84   
@JoshDoVids
@JoshDoVids Год назад
I dont know how I found such a small radical leftist channel that consistently puts out such fantastic content. From me in America to you, Jyotishman, in India. Keep up the good work and thank you for the priceless educational resources im these troublesome times.
@IndiaGlobalLeft
@IndiaGlobalLeft Год назад
Lots of love! Comments like this motivate us. You know things are always difficult at the start, but people like you make it easier. We appreciate it a lot. Stay in touch, IGL.
@mikeryan4552
@mikeryan4552 Год назад
@@IndiaGlobalLeft From NZ, you are inspiring many, keep up the good work and hard mahi
@EvolutionWendy
@EvolutionWendy Год назад
Ditto! California leftist thrilled by this intelligent channel, thank you ❤️♻️✨
@dimitry123pavlov4
@dimitry123pavlov4 Год назад
Damn. This is gold standard. The guest is awesome, and the host is addictively well informed. Thank you so much, for keeping class politics alive in economics.
@IndiaGlobalLeft
@IndiaGlobalLeft Год назад
Than you so much
@Bisquick
@Bisquick Год назад
As others have mentioned, this channel is incredibly refreshing, especially because the host Jyotishman here _actually gets_ this stuff and asks extremely relevant and useful questions. Clara is herself aptly named, offering a passionate, engaging, and most importantly _true_ historical materialist clarity. The actual choice for humanity, should we choose to you know actually reconcile with reality, is just as Rosa Luxemburg concisely put it during the sailor/worker uprisings in interwar Germany that lead to the recapitulation of the "liberal democratic" state in Weimar, before of course being executed by the freikorps paramilitary (later becoming the SS, shocker) at the behest of Ebert's ostensibly social democratic SPD (and we know the rest...), almost immediately resonating the truth of such a succinct political dichotomy to this day: *_Socialism or_* [continued] *_barbarism._* Hopefully we can live up to the implications of what Clara is illuminating and don't transform her retrospectively into a Cassandra. _"The bourgeoisie cannot exist without constantly revolutionizing the instruments of production, and thereby the relations of production, and with them the whole relations of society. Conservation of the old modes of production in unaltered form, was, on the contrary, the first condition of existence for all earlier industrial classes. Constant revolutionizing of production, uninterrupted disturbance of all social conditions, everlasting uncertainty and agitation distinguish the bourgeois epoch from all earlier ones. All fixed, fast-frozen relations, with their train of ancient and venerable prejudices and opinions, are swept away, all new-formed ones become antiquated before they can ossify. All that is solid melts into air, all that is holy is profaned, and man is at last compelled to face with sober senses his real conditions of life, and his relations with his kind."_ - Marx, a bit optimistic at the end we wouldn't just choose individual delusion while the planet literally burns around us... But uh...pessimism of the intellect, optimism of the will...or something! Thank you!
@IndiaGlobalLeft
@IndiaGlobalLeft Год назад
Hi, thanks so much for the outreach. You are an incredibly well read person. Stay in touch. Love from India!
@bhaswatip93
@bhaswatip93 Год назад
As your (Jyotishman's) close friend, i can very easily sense your rise in intellectual knowledge, skills of interacting with the guests and the value of listening in all the videos. People like you will surely make the world a much knowledgeable, tolerant and peaceful place. The guest you invited has an equally kind and charismatic personality.👍 You have a long way to go !! All the best for future.
@marklampo8164
@marklampo8164 Год назад
She is too patient! She need to unleash the Roman Vituperative!
@fun_ghoul
@fun_ghoul Год назад
All your interviews are great, Jyotish, but the rapport between you and Clara is particularly lovely. It's plain to see that you both enjoyed the talk, and that love radiates outward to us viewers. Lal Salam! 🚩✊🛠️
@IndiaGlobalLeft
@IndiaGlobalLeft Год назад
Thanks a lot Joe!
@scrapcrumbs
@scrapcrumbs Год назад
This was such an amazing interview, can't stress enough how excited I am for this book! Thank you both for such great work!
@stephenwallace8782
@stephenwallace8782 Год назад
Dude do you take donations? You're great.
@IndiaGlobalLeft
@IndiaGlobalLeft Год назад
So generous of you. Appreciate a lot! We would definitely come up with a formal appeal for small donations, with a more structured and transparent way to go about it. This would include offering patron membership to the contributors. Patron membership would mean periodic zoom meetings for one on one interactions, behind the screen bits, special shows, membership in a formal advisory board, participation in building the platform further, among other things. We are keeping an 8 month window for ourselves before having all these stuff in place. Meanwhile we have the "Thanks" button in every video for small voluntary contributions as token of love. Regardless, Stay in touch (the most important thing).
@zacboyles1396
@zacboyles1396 Год назад
Another incredible interview with ideas and concepts that are fresh and ring true. We’re in a period where media has been captured by capital and we’re flooded with bad faith actors spouting misleading ideas. I am happy your channel is here with the raw assessments and none of the hidden divisiveness.
@shaundudley4576
@shaundudley4576 Год назад
Watched this and the Micheal Hudson one back to back. Outstanding! This woman is simply dazzling.
@sharmakea3116
@sharmakea3116 Год назад
This channel keeps dropping 🔥🔥 content
@jas6806
@jas6806 Год назад
"Ït does not matter if the cat is white or black. Needs to be able to catch mice" Standard of living for citizens very important.
@IndiaGlobalLeft
@IndiaGlobalLeft Год назад
Hello, welcome to the channel, and thank you for watching the video. We have a request for all our viewers. We have noticed that 80% of our viewers have not subscribed to our channel. Please subscribe to the channel, like, and share.
@AnandKumar-hs2nd
@AnandKumar-hs2nd Год назад
Hi Comrade, Thank you for such a amazing and informed conversation . Just one suggestion can we also have conversations with Indian trade union leaders and activist?
@IndiaGlobalLeft
@IndiaGlobalLeft Год назад
Sure. Will update soon. Thanks for the suggestion.
@rodrigoribeiro9057
@rodrigoribeiro9057 8 месяцев назад
Clara Mattei is intellectually brilliant, and her authentic enthusiasm is contagious.
@Bisquick
@Bisquick Год назад
5:00 - Exactly, this is the same issue I have with the rhetorical use of the phrasing to the affect of _"socialism for the rich and rugged individualism for everyone else"._ I get the rhetorical use of it in that it might be effective in cutting through ossified notions and unexamined assumptions, _but_ I worry this then implicitly leads to the _further_ assumption (in the same way that Clara is outlining the shield of vaguenuess offered by the unspecificity of the word 'neoliberalism', leading to an assumption of anomaly) that the "solution" is to then pursue " _more_ capitalism" so that it just extends _additionally_ to the rich, which obfuscates the actual root problem which is obviously capitalism itself. In other words, the whole phrasing of "socialism for the rich and rugged individualism for everyone else" *_is_* capitalism inherently as it is defined by an antagonistic _class_ relationship ie those who own a revenue generating private property (means of production) and those who do not who are then structurally forced to sell their labor to capitalists with such means of production. I know most people here will likely already definitely get all of this, just trying to elaborate an additional supplementary consideration of what Clara is speaking to in that initial point for people circumstantially unfamiliar or who potentially haven't considered this, as Clara is I think more than aptly highlighting in how leftist analysis can get easily co-opted if it is not self-contained or at least resilient in its ability to withstand such linguistic/rhetorical distortions created by ideological/cultural hegemony. If that makes sense. Fantastic discussion, as usual!
@godotkrull579
@godotkrull579 Год назад
thank you very much! KLASSE!
@dinnerwithfranklin2451
@dinnerwithfranklin2451 7 месяцев назад
Excellent interview. Thank you.
@scaramanga616
@scaramanga616 Год назад
What a great interview! It's not easy to make what is essentially economic history interesting, but I found this very engaging and easy to listen to.
@chagoriver7159
@chagoriver7159 Год назад
very interesting talk. will buy the book.
@johnnash1491
@johnnash1491 Год назад
Never knew her before, but she's amazing. Watched too back to back shows. Thanks for the content. Love from New York!
@cbrace
@cbrace Год назад
Superb discussion. The historical context presented here is so valuable. Eagerly look forward to reading Clara's book. PS Might be interesting to follow up this topic at some point with Mark Blyth?
@IndiaGlobalLeft
@IndiaGlobalLeft Год назад
Thanks Colin for the feedback. We are having Mark Blyth in December hopefully and Steve Keene on the 21st January to understand better the many facets of austerity through their works. Stay in touch. Love and Solidarity, India.
@hybridmongrel
@hybridmongrel Год назад
What a woman! Great interview and book
@dsantuc
@dsantuc Год назад
Another great interview! This is becoming one of my favorite RU-vid channels!
@claudermiller
@claudermiller Год назад
Fantastic interview.
@ResistEvolve
@ResistEvolve Год назад
Considering her surname she must know Enrico Mattei. Mattei was in charge of the state oil company in Italy in the early 60s. He did business with the USSR in that role. In 1962 he died in plane crash likely caused by a bomb on the plane!
@oreradovanovi5204
@oreradovanovi5204 Год назад
This was gr8, much more understanding than the economic explanations!
@trentwolfgram9571
@trentwolfgram9571 Год назад
Fantastic interviews, just finished up Richard Wolff's and this is a great follow up, the more in-depth look at the specific aspects of the general decline the previous interview covered. Glad to have found you, comrade.
@IndiaGlobalLeft
@IndiaGlobalLeft Год назад
So glad to hear this. Please stay in touch!
@Bisquick
@Bisquick Год назад
7:45 - Indeed, the 'ol "reserve army of the unemployed"! _"Big industry constantly requires a reserve army of unemployed workers for times of overproduction. The main purpose of the bourgeois in relation to the worker is, of course, to have the commodity labour as cheaply as possible, which is only possible when the supply of this commodity is as large as possible in relation to the demand for it, i.e., when the overpopulation is the greatest. Overpopulation is therefore in the interest of the bourgeoisie, and it gives the workers good advice which it knows to be impossible to carry out. Since capital only increases when it employs workers, the increase of capital involves an increase of the proletariat, and, as we have seen, according to the nature of the relation of capital and labour, the increase of the proletariat must proceed relatively even faster. The above theory, however, which is also expressed as a law of nature, that population grows faster than the means of subsistence, is the more welcome to the bourgeois as it silences his conscience, makes hard-heartedness into a moral duty and the consequences of society into the consequences of nature, and finally gives him the opportunity to watch the destruction of the proletariat by starvation as calmly as any other natural event without bestirring himself, and, on the other hand, to regard the misery of the proletariat as its own fault and to punish it. To be sure, the proletarian can restrain his natural instinct by reason, and so, by moral supervision, halt the law of nature in its injurious course of development."_ - some guy (Marx, to not be pointlessly facetious)
@sushipsychose
@sushipsychose Год назад
Thanks for doing this, your channel is such a hidden gem and I'm glad I subscribed to you. You're such a kind and sharp man and an excellent listener, Jyotishman!
@IndiaGlobalLeft
@IndiaGlobalLeft Год назад
we would look back to comments like this, and make us believe- that unconnected, stranger-like people can come together on shared values, and inspire each other. Thanks for affirming that- in an age when we are told that even 1 min is too long to attract viewers, there are still people who are ready to invest 60 mins in good content.
@sushipsychose
@sushipsychose Год назад
@@IndiaGlobalLeft Absolutely agreed!!! :)
@stephenwallace8782
@stephenwallace8782 Год назад
Some of the history of working-class originated thinking is richly detailed in the book The Intellectual Life of the British Working Class" by Jonathan Rose.
@IndiaGlobalLeft
@IndiaGlobalLeft Год назад
Thanks Stephen
@stephenwallace8782
@stephenwallace8782 Год назад
@@IndiaGlobalLeft Just sent you an e-mail. Hope you find its contents helpful.
@ingeteloo3065
@ingeteloo3065 Год назад
WOW. fantastic discussion, tysm
@eemoogee160
@eemoogee160 Год назад
Thanks!
@IndiaGlobalLeft
@IndiaGlobalLeft Год назад
Dear @eemoogee Thank you so much. You are our first anonymous contributor., It is always special, yk. Stay in touch, and look forward to an amazing relation going forward. If ever you have any suggestion, feel free to write to us at indiagloballeft@gmail.com . We would be delighted!
@SusanSt.James-33
@SusanSt.James-33 Год назад
Excellent
@ahagamama
@ahagamama Год назад
What about an "INTERNATIONAL COALITION OF ECONOMISTS FOR SOLIDARITY"?
@Rnankn
@Rnankn 3 месяца назад
Fascism is presented as an exception. History shows was theory suggests, liberalism has a tendency to collapse into fascism. I think it does this because of the inherent contradiction between democracy and liberal markets. It promises big on self-determination and equality, but offers deprivation and poverty. The nationalism and racism are politico-cultural legitimations of material inequality, and hierarchal status. That is how people reconcile the cognitive dissonance created by this contradiction. Liberal economics is in the end an aspirational attempt to rationalize the social order with abstraction and reductionism. However, I think its blind spot is energy and ecology will be impossible to maintain, and the whole edifice will crumble upon encountering reality.
@claudermiller
@claudermiller Год назад
I love austerity capitalism over neo-liberalism. I keep finding conservatives use the term neo-liberal as justification of their long held belief that "liberals" are the root of all mankind's problems as if Thatcher and Reagan weren't neo-liberal.
@danielac8497
@danielac8497 Год назад
Grazie professoressa per averci raccontato ciò che molti tacciono, anche su Zelensky. Altro che eroe...
@LOSTONITALL
@LOSTONITALL Год назад
Love the Italian PM! She is brawn and brains and heart and soul. Good woman. Good person. Strong leader.
@fun_ghoul
@fun_ghoul Год назад
Go to hell with your führer.
@dingla7830
@dingla7830 Год назад
How Uncle Sam is liberal to you!
@fun_ghoul
@fun_ghoul Год назад
_"We might have called ourselves The Liberal Party."_ -Adolf Hitler
@marklampo8164
@marklampo8164 Год назад
We are live with Professor Mattei at the ceiling of the Sistine Chapel!! "We are gonna slap some paint on the old girl" This Indian guy drones on and on...
@fun_ghoul
@fun_ghoul Год назад
🤡
@orphaotheseeker2770
@orphaotheseeker2770 Год назад
Excellent interview. Glad I found this!
@AudioPervert1
@AudioPervert1 Год назад
Southampton, Hampshire, England That was where Rishi Sunak was born. Which makes him briitish, an english national. He is not Indian by any means. By all means a vassal of the ex-empire, serving capitalist, high-caste indian privilege. Why must the left bicker and prod about him being Indian? What a regressive aspect - waste of time.
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