What happens to democracy when people can no longer afford the basics of everyday life?

Economist Isabella Weber argues that the affordability crisis isn't just an economic problem—it's a threat to democracy itself. Drawing on her new book, Anti-Fascist Economics, she joins Nick and Goldy to explore how inflation, austerity, and corporate profiteering fuel the rise of the far right, and why protecting democracy requires more than defending its institutions. From housing and groceries to energy and healthcare, Weber makes the case for an economy that puts people's livelihoods, dignity, and democratic power ahead of corporate profits.

Isabella Weber is an associate professor of economics at the University of Massachusetts Amherst and founding director of Essential Economics. Her research focuses on inflation, corporate pricing power, and economic policy. She is the author of Anti-Fascist Economics: In Defense of Affordability, Dignity, and Democracy and How China Escaped Shock Therapy.

Social Media:

@isabellamweber.bsky.social

@isabella_m_weber

@IsabellaMWeber

www.isabellaweber.com

Further reading: 

Anti-Fascist Economics: In Defense of Affordability, Dignity, and Democracy

Best of Times, Worst of Times: Record Fossil-Fuel Profits, Inflation and Inequality

How China Escaped Shock Therapy

The Wall Street Journal - America Made Me Very Rich. There's a Pro-Market Way to Give Back.

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