Inside the anti-labor history of austerity

<p>Austerity, or government measures to cut spending in times of economic crisis, has a long history of being used to suppress the labor force, argues a new book called &#8220;The Capital Order.&#8221; We speak to the author, Clara Mattei, an economics professor at the New School for Social Research. And, President Biden&#8217;s State of the Union speech last night featured a heavy dose of economic policy, including a proposed billionaire tax.</p> <p><span style="font-weight: 400">Need some Econ 101? </span><a href="https://cloud.connect.americanpublicmedia.org/marketplace-crash-course"><span style="font-weight: 400">Sign up for our Marketplace Crash Course</span></a><span style="font-weight: 400"> and get weekly lessons to complete at your own pace!</span></p>