It was my pleasure recently to be invited by the ‘Always Already Podcast’ team to put in a guest appearance on their show, and respond to their recent episode on Martijn Konings’s fascinating book, The Emotional Logic of Capitalism. They offered me a 10-minute slot, and ran it in Episode 19 of their Epistemic Unruliness series. Below, you can find a slightly edited and extended version of my remarks, which were provoked by their own engagement with Konings’s book, but also by my own, continuing work on austerity and recession in Ireland. For ease of reading’s sake, I have added in some material from remarks I made at another talk I gave on February 17, this year, at Ohio State’s ‘Research in International Politics’ (RIP) group, entitled Austerity as Tragedy? From Neoliberal Governmentality to the Critique of Late Capitalist Control:
Mark Blyth, Austerity: The History of a Dangerous Idea, New York: Oxford University Press, 2013, 288 pp.
(Note: This is an extended, remixed version of a book review I’ve written for a forthcoming issue of New Political Science).
In the context of the current financial crisis, it is fair to expect that any book taking as its title Austerity: The History of a Dangerous Idea should satisfy at least two criteria. On the one hand, the book should present a robust exposition of the basic genealogy of the concept. On the other, the book should try to offer an argument as to how this idea achieved such a preeminent position in guiding not only the decisions of key policymakers but also the everyday, commonsensical worldview of the very populations for whomthese decisions will have the most serious consequences. It is in terms of the former that Blyth’s book is strong.