austerity is a club used by the capitalist class to beat the rest of us

"Locking public policy onto austerity cannot be explained merely as an intellectual error or even as a product of neoliberal ideology. It is an assertion of class power.....  The costs of an economic catastrophe that shows no signs of ending will be paid by working people and the poor."---Alex Callinicos


http://www.isj.org.uk/index.php4?id=773&issue=133