It’s hard to articulate this, but like it’s not that austerity is an irrational policy choice that keeps capitalism from working, it is the fact that capitalism doesn’t work, and has reached a stage of perpetual crisis, that makes austerity necessary from the perspective of the ruling class.
The perspective of the bourgeoisie worldwide is indefinite austerity.
It’s hard to articulate this, but like it’s not that austerity is an irrational policy choice that keeps capitalism from working, it is the fact that capitalism doesn’t work, and has reached a stage of perpetual crisis, that makes austerity necessary from the perspective of the ruling class.
The perspective of the bourgeoisie worldwide is indefinite austerity.