How Economists Made Capitalism Seem Inevitable

Why does capitalism feel so inevitable? In this video, I look at Clara Mattei’s The Capital Order and the forgotten history of how economic policy, expert authority, and crisis helped shape the world we live in today. From World War I to the rise of austerity, this is a story about what happens when the economy stops looking natural and starts looking political. This video is my attempt to understand and communicate Clara Mattie's argument in The Capital Order as fairly and accurately as I can. The views, claims, and interpretations discussed in this video are presented as part of my reading of the book, and do not necessarily reflect my personal views or conclusions. 00:00 Introduction 00:21 The Method In The Madness 04:31 When Capitalism Lost Its Shield 08:41 The Threat Of Economic Democracy 14:00 The Counter-Revolution Of Austerity 16:45 British Austerity 20:49 Italian Austerity 23:32 Relation Between British & Italian Austerity 26:16 Modern Austerity 28:26 Conclusion #Capitalism #ClaraMattei #TheCapitalOrder #EconomicHistory #PoliticalEconomy