„Eternal austerity makes complete sense – if you’re rich“

„The nice thing about cutting government spending in a highly unequal society, at least for the coalition, is that it doesn’t affect those with most of the assets and income. These folks don’t rely on government services, and their assets and incomes are, thanks to government policy, on the rise once again. They are also the folks that fund elections and show up to vote.“

(Source: Mark Blyth, in: The Guardian, Friday, 15 November); see also: Mark Blyth on twitter

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