A lot of people view this rise of fascism as a some as a sort of fundamental opposition or reaction to the liberal or neoliberal order under which we’re living. You know, it’s like do you want fascist Trump or neoliberal Kamala? That sort of thinking […] seems to me to be both individualizing—like making fascism into something fascist ideologues do rather than like a constellation of features which make up a fascist society—but also kind of undermines the various continuities between neoliberal societies (and liberal ones) and fascist ones. And it’s in this context that Clara Mattei offers a really important intervention which clarifies these important continuities.

Specifically, Mattei highlights how austerity as a form of authoritarian state practice functions to rebalance the capital relation in favour of capital, and in doing so paves the way to Fascism in the early 20th century.

The book: https://press.uchicago.edu/ucp/books/book/chicago/C/bo181707138.html