Austerity unified Fascism’s laissez-faire and corporatist economic periods.

Evidence

A focus on austerity also off ers a new lens to historically evaluate Italian Fascism and its economic agenda. Indeed, while traditional historiography stresses the discontinuity between the fi rst laissezfaire period (1922– 1925) and the corporativist period that followed (with the latter usually understood as the real expression of Fascism), I suggest that a continuity can be drawn between the two: austerity. Whatever its historiographic period, austerity was always much more than laissezfaire; it embodied the active intervention of the state against capitalist crisis. — Clara E. Mattei, The Capital Order, 1045

Categorization

  • XREF: Connects to the book’s broader thesis about austerity as state intervention against capitalist crisis, and to modern austerity discourse. — connects to: Fascism’s founding political program was framed in austerity terms. — Clara E. Mattei, The Capital Order: How Economists…, 1037; Austerity, not corporativism, was the thread uniting Fascism’s laissez-faire and corporativist phases. — Clara E. Mattei, The Capital Order: How Economists…, 1620; Austerity served as proof of creditworthiness to international finance for the Fascist regime — Clara E. Mattei, The Capital Order: How Economists…, 1435 (+2 more)

Broader Connections