Italy framed anti-revolutionary credit as mutual interest for Britain

Evidence

Meanwhile, the Italian minister of Treasury Signor Luzzatti stressed to others outside Italy that granting credit was no mere charity, but rather a matter of mutual interest in preventing revolution. Italy was a nation “whose dire stress might be the means of producing a confl agration,” Luzzatti warned, noting that such developments “might spread to England herself” (ibid., ff . 4). — Clara E. Mattei, The Capital Order, 1345

Categorization

  • XREF: Reinforces the link to the modern argument: revolution-prevention framed as shared class interest across national borders, a thread Mattei develops toward austerity as international class weapon. — connects to: British finance lent to Italy primarily to prevent revolution and protect prior investments — Clara E. Mattei, The Capital Order: How Economists…, 1721

Broader Connections