Your support keeps us publishing. Follow this link to subscribe to our print magazine.

No, We Don’t Need Austerity!

There’s nothing ‘pragmatic’ about repeating a social catastrophe.

A demonstrator sits with a placard that reads "Austerity Kills" as they sit in Parliament Square in London on June 21, 2017, during an anti-government protest to coincide with the State Opening of Parliament and following the deadly fire at Grenfell Tower. (Photo by PAUL ELLIS / AFP via Getty Images)

Austerity is back. After a brief but disastrous experiment with debt-financed tax cuts, the Conservatives have returned to their comfort zone, telling us that decisive action is required to prevent government debt from spiralling out of control. Once again, there is no alternative: we must tighten our belts. While the rhetoric matches Osborne’s in 2010, […]

Sorry, but this article is available to subscribers only. Please log in or become a subscriber.