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This week, Briahna spoke to political economist Clara Mattei about her new book, The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism. She explains the invention of austerity politics, how it's been sold to the masses historically, and breaks down a recent Obama interview in which he carries water for what he calls, "inclusive capitalism" when presented with the possibility of transitioning to a more equitable economic system. How does austerity play into the conflict in Ukraine and various "democracy building" neo-colonial endeavors across the world? And what are the alternatives Obama found so difficult to imagine?

Subscribe to Bad Faith on YouTube for video of this episode. Find Bad Faith on Twitter (@badfaithpod) and Instagram (@badfaithpod).

Produced by Armand Aviram.

Theme by Nick Thorburn (@nickfromislands).

Comments

Jonathan Kadmon

It's very rare for someone to be able to draw clear and resonant a line between history and present happenings in such a game-changing way. Her book and these interviews are like a magic decoder ring that clarifies *everything*. The real sucker punch to the gut starts around the 27:30 mark where she talks about how this stuff is built into the entire framework of how economics is taught and thought of, and it was put there on purpose. This is George Orwell stuff...it's how knowledge is purged from the public consciousness in service of maintaining elite power. Everybody needs this book and to follow @claraemattei on twitter. I know it'll probably be a couple of years but I cannot wait for her next book. For that matter I cannot wait for her next appearance on Bad Faith Podcast.

Nick Grayson

I really appreciate Clara being able to articulate my problem with the “green new deal” type of solution to climate change especially since watching Planet of the Humans and Bright Green Lies. Great interview.

Anonymous

Perfect exit music! Unfortunately I think Americans are too propagandized and too attached to the Blue/Red Team circus, that anything will change. We now have nice, obedient, neutered Progressives arguing that the Freedom Caucus using FTV for their agenda, is NOT the same as FTV for M4A (or anything). These are the same "brilliant" minds who are throwing billions into the Ukraine War Moneypit, while being homeless people for being homeless in the US. EAT THE RICH.

Cory

This was so great. Thanks for introducing me to Mattei. And also to macro and cheese. I've been busy reading hudsons Super Imperialism, but it's been a tough read and I don't fully understand the balance of payments thing so I'm grateful to have another voice explain it it in clear language.

Anonymous

🔥 Wish this was a longer Convo, great discussion

Anonymous

She is incredibly well spoken and obviously knows her stuff. Good guest.