this post was submitted on 14 May 2025
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A really great followup to this is The Capital Order by Clara Mattei. She details the broad response to this in the aftermath of WWI, where fear of the Bolshevik revolution alongside vast nationalization of economies opened up tremendous breathing room for experiments and worker's rights. Mainly, the capitalists cooked up "austerity" in order to crush the power of the workers, and needed fascism in Italy to do this.