And they push austerity not just because they are greedy or inept or whatever, they push austerity because capitalism doesn’t work, it is in profound crisis worldwide, and that is literally the only way out for them. Capitalism just can’t sustain big reforms anymore, it is not capable as a system.

More people here need to get this through their heads. I don't care what you read about MMT or debt, the state our economic system is in, the fucking incoherence between exchange and use value, it is set to fucking implode. If a socdem got in charge of the economy rn it would just inflate and implode faster. Austerity is mandatory, all the new deal and Keynesian tricks operating on aggregate demand don't work until we open up more markets through imperialist conquest