Clara Mattei argues that the global economy has reached an 'obscene peak' of violence, with extreme wealth concentrated among a few while billions suffer. She asserts that capitalism is not a natural system but requires constant, often violent, enforcement to maintain its structure. Austerity policies, for instance, are not irrational but serve to keep the majority subordinated to the market, ensuring a supply of cheap labor and protecting private investment.
Mattei defines capitalism by two pillars: wage labor, where the majority must sell their labor for wages, and private investment, where a few control production. The overarching goal is production for profit. She traces the origins of capitalism to the UK through violent enclosure systems, which stripped people of self-sufficiency and forced them into market dependence. This historical context is often omitted from mainstream economics to present capitalism as a natural order.
Mattei argues that current global problems like poverty, inequality, and climate catastrophe are not failures of capitalism but rather the direct result of how the system is designed to function. She insists that capitalism is not meant to meet human needs but to generate profit, leading to massive wealth accumulation at the top while the majority suffer. She highlights the unequal flow of wealth from the Global South to the West, perpetuated by debt and resource extraction, showing how development in some areas relies on underdevelopment in others.
Economic models are critiqued for being 'classist,' blaming workers for inflation and other economic woes, thus justifying policies like interest rate hikes that create unemployment. Mattei explains that unemployment is crucial for capitalism, preventing workers from gaining bargaining power and ensuring profits continue to accumulate. She emphasizes that austerity is a political, not neutral, tool necessary for the capitalist system.
Mattei asserts that liberal democracy under capitalism is a 'superficial facade' that conceals the lack of economic agency for the majority. Historically, when people challenge economic coercion, liberals and fascists have allied to preserve the capitalist order. She also contends that the global spread of capitalism wasn't spontaneous but actively imposed through military and political means by powerful nations like the United States.
Mattei explains that the capitalist system maintains its hegemony through a narrative that blames individuals for their poverty, ignoring systemic issues. This 'mythological individualism' prevents people from recognizing who truly benefits from the system. She highlights the extreme wealth concentration among a tiny elite who are often untaxed, while many working Americans struggle to survive, even with jobs.
Mattei advocates for creating alternative infrastructures and solidarity-based economies to reduce market dependence. She stresses that the system is 'us' and that people have the power to fight against it. She is actively involved in projects like the Forum for Real Economic Emancipation in Tulsa, which aims to empower communities through mutual aid and local decision-making.
Mattei critiques the education system, particularly economics, for purposefully omitting alternative frameworks and presenting capitalism as natural. She argues that Marx, often demonized, was a crucial economist who understood capitalism as a specific, changeable socioeconomic system rather than a natural order. She aims to reclaim concepts like 'freedom' and 'economic democracy' from their capitalist interpretations and apply them to radical, emancipatory traditions.
Mattei emphasizes the importance of academics engaging with real-world problems. She cites the example of participatory budgeting, where citizens directly decide how public funds are spent, as a way to increase agency and challenge the status quo. She is campaigning in Tulsa for a participatory budget funded by taxing the wealthy and allocated based on community needs, demonstrating that change can happen within existing frameworks if political will is present.
Mattei differentiates between 'liberal democracy,' which she calls an 'oligarchic farce,' and 'participatory democracy,' which involves people having a direct say in their material conditions. She mentions historical examples like factory councils and contemporary neighborhood councils in Latin America as models. Her work in Tulsa involves creating assemblies to foster food sovereignty and address hunger, demonstrating participatory democracy in action.
Drawing on Gramsci's idea of hegemony, Mattei explains that capitalism rules not just through coercion but also by gaining consensus, even from those who suffer. To counter this, she proposes critical and historical public education, like her book, combined with active participation and institution-building. She believes that knowledge must stem from people's involvement in creating 'counter-hegemonic spaces.'
Mattei clarifies that class is defined by one's position in the social relations of production (e.g., income from labor vs. capital gains), not just bank accounts. She argues that the 'middle class' is disappearing under capitalism and that even professors like herself stand to gain from a more collective and fulfilling humanity. Regarding private property, she distinguishes between personal possessions and the systemic issue of land ownership, advocating for collective ownership to ensure everyone has access to necessities like housing.
Mattei connects the struggles in the Global South, using Palestine as an example, to the broader capitalist system, arguing they are all part of 'one struggle for humanity over profit.' She criticizes the myth that all countries can follow the same development path, stating that the Global North's development is often based on the underdevelopment of the Global South. She calls for a 'revolution,' not in a destructive sense, but as a 'social transformation and change' that prioritizes basic human needs like food and peace over profit.
If she could change the world instantly, Mattei would prioritize ending physical violence and ensuring food as a primary resource. She argues that if society truly prioritized these basic needs, it would be a revolutionary act that challenges the profit-driven logic of capitalism. She advocates for starting locally, focusing on 'use value' (material needs) rather than abstract 'value' (money), and building interconnected local institutions to achieve these goals, pressuring governments to listen to people over technocrats.
Mattei challenges the idea that human nature inherently drives accumulation and power. She points to indigenous cultures, like the Cherokee nation, which historically prioritized communal well-being and caring for nature over extraction. She argues that self-interest is an adaptation under capitalism, and different social relations can foster different human behaviors.