Austerity presented as neutral science actually disciplines workers for owners’ benefit.

Evidence

Austerity policies in the spirit of “pure economics” were a disaster for most people living in Britain and Italy in the 1920s. Th us, the book delves into the paradox of a doctrine that pre sents itself as apolitical but has as its central purpose the “taming of men,” as the Italian academic and economist Umberto Ricci crudely put it in 1908. Under a veneer of apolitical science, technocrat economists were undertaking the most political action of all— bending the working classes to the wills and needs of the capital-owning classes for the enrichment of a small minority. — Clara E. Mattei, The Capital Order, 60

Categorization

  • DEFINE: Ricci’s 1908 ‘taming of men’ phrase crisply captures the class-weapon definition of austerity central to this whole project.
  • XREF: Frames austerity as class weapon — connects directly to Mattei’s stated thesis and to the interwar Britain/Italy exemplars the reader is gathering. — connects to: Austerity masquerades as apolitical science while bending workers to capital’s will; Interwar experts sold austerity as objective science concealing true economic facts from the people — Clara E. Mattei, The Capital Order: How Economists
, 744; Economics legitimizes austerity claims by pretending to value-free objectivity. (+11 more)

Broader Connections