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Does Austerity work? Or does it make things worse?

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firefall · 61-69, M
Depends on your value of 'work'. Austerity is excellent for preserving the value of existing investments, and reinforcing the power of the ownership class, and generating more and more unemployed to force the wage rates down.

So from the point of view of the ownership class, it works wonderfully. It fucks everyone else, though.