Overview
As inequality, inflation, and overwhelmingly concentrated corporate power threaten democracy, a rising-star economist asks what it would mean to create an anti-fascist economics that guarantees dignity for all.
On the night of President Trump's second presidential victory, economist Isabella Weber tweeted: "Can we now finally have a serious conversation about an anti-fascist economics?" In her view, Democrats had missed the seriousness of the affordability crisis in the wake of pandemic-era inflation, leaving room for the resurgence of the politics of resentment that Trump and the right reveled in.
Her question, though, was a bold one with implications that reached far beyond one election. Embedded within it were even more challenging ones: Why have economists avoided overtly joining political debates, pretending instead to be wholly, scientifically objective? How have policy tools been limited by this refusal? And what would it mean to consider a broader range of options that pursued the greatest good for the greatest number of people? In this paradigm-shifting book, Weber recalls a history of mid-twentieth-century economists who took seriously the threat of fascism and their field's role in preventing its return, and she demonstrates how the turn to neo-liberalism and an over-reliance on free markets buried the full scope of their ideas.
Isabella Weber knows that if we are serious about saving democracy and preventing the further rise of fascists, we need an economics that centers people’s needs and dignity rather than seeing their fulfillment as a welcome side effect in the pursuit of other goals. In Anti-Fascist Economics, Weber proposes just such a way out, applying a broader economic imagination to ensure a transformation that promises to make people's lives better and stabilize economies in an increasingly volatile world.
On the night of President Trump's second presidential victory, economist Isabella Weber tweeted: "Can we now finally have a serious conversation about an anti-fascist economics?" In her view, Democrats had missed the seriousness of the affordability crisis in the wake of pandemic-era inflation, leaving room for the resurgence of the politics of resentment that Trump and the right reveled in.
Her question, though, was a bold one with implications that reached far beyond one election. Embedded within it were even more challenging ones: Why have economists avoided overtly joining political debates, pretending instead to be wholly, scientifically objective? How have policy tools been limited by this refusal? And what would it mean to consider a broader range of options that pursued the greatest good for the greatest number of people? In this paradigm-shifting book, Weber recalls a history of mid-twentieth-century economists who took seriously the threat of fascism and their field's role in preventing its return, and she demonstrates how the turn to neo-liberalism and an over-reliance on free markets buried the full scope of their ideas.
Isabella Weber knows that if we are serious about saving democracy and preventing the further rise of fascists, we need an economics that centers people’s needs and dignity rather than seeing their fulfillment as a welcome side effect in the pursuit of other goals. In Anti-Fascist Economics, Weber proposes just such a way out, applying a broader economic imagination to ensure a transformation that promises to make people's lives better and stabilize economies in an increasingly volatile world.
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