Thursday, 22 September 2011

Self defeating austerity

"Self defeating austerity"
A beautiful turn of phrase used to sum up the idiotic neoliberal response to the crisis of neoliberalism in just 3 words used by the Italian economist Riccardo Bellafiori in a Guardian article entitled A Crisis of Capitalism.
Their political dogma of more privatisation, more deregulation, more attacks on state productivity and more transference of wealth to the uber-rich, show neoliberal politicians and economists up to be either mad (Insanity: doing the same thing over and over again and expecting different results - Einstein) or evil (damaging the entire "real economy" of the world by engaging in a deliberate war on the wealth and living standards of the majority of ordinary working people in order to sustain the extravogance of the establishment elite).

The successfully tested alternative to this neoliberal madness in 4 words:

 If you enjoyed reading this post, maybe you could buy me a beer? £1 would get me a can of cheap lager whilst £3 would get me a lovely pint of real ale.


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