Fascists & Liberals Both Use Austerity Against Workers - Economic Update with Richard Wolff
Prof Mattei explains why liberal capitalist democracy and fascism aren't all that different if you look at the way they weaponize austerity.
"Austerity is advanced and advocated for by all of the economic experts, our mainstream colleagues, as a necessary tool to achieve economic growth and balance budgets and to tame inflation. But really, what you see, if you adopt a class analysis lens, is that what matters here is something much deeper and something much more essential to preserve the very foundation of the possibility to even have capitalism in place, which is the fact that people cannot try to overcome wage relations." - Clara Mattei
This is a clip from Economic Update: How Austerity Paves the Way for Fascism
[S13 E12]
Watch the full episode on our YouTube channel at • Economic Update: How Austerity Paves the W...
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