See on Scoop.itThe Great Transition

“Austerity may seem self defeating but the forces maintaining it are not stupid, they are masters of self interest and self enrichment – it is critical that we consider the rational case for austerity from the viewpoint of those implementing it and lobbying for it.”

Willy De Backer‘s insight:

Interesting article on austerity and ideology in Open Democracy

See on www.opendemocracy.net