Austerity was tested on the Global South before the developed world.

Evidence

For the developing world, however, a version of neoliberalism that put austerity front and center became policy du jour courtesy of a policy consensus born in Washington years before it was tried in the developed world. It was the Global South where the policies unleashed upon the periphery of Europe, and which stand ready to strip the American welfare state, were first road tested. Once again, their failure did nothing to eclipse their popularity. — Mark Blyth, Austerity, 432

Categorization

• XREF: Directly parallels Mattei and the broader austerity-as-global-experiment literature; also echoes the developmental-state question in Milgrom. — connects to: Austerity was imposed on the developing world well before the current crisis — Mark Blyth, Austerity: The History of a Dangerous…, 273; Austerity since colonial times has devastated the global periphery — Clara E. Mattei, Escape from Capitalism, 288; Austerity originated after World War I as a counteroffensive against working-class unrest — Clara E. Mattei, The Capital Order: How Economists…, 28 (+1 more)
• SEED: Angle: the periphery as laboratorium — how failed experiments in the Global South were re-normalized for the developed core.

Broader Connections

• Austerity since colonial times has devastated the global periphery #corroborates (0.88) — Clara E. Mattei, Escape from Capitalism, 288
• Austerity’s core principles predate the twentieth century by a century of classical economics #complicates (0.78) — Clara E. Mattei, The Capital Order, 718
• Austerity originated after World War I as a counteroffensive against working-class unrest #qualifies (0.75) — Clara E. Mattei, The Capital Order, 28