The Ravages of Austerity – An Analysis
The current form of austerity was introduced by the Conservative-Liberal coalition government that came to power in 2010. The world was still recovering from the aftermath of the financial ‘crash’ of 2008; the most significant global economic downturn since the Great Depression (1929-39). It is effectively a campaign of budget cutting designed to reduce the UK’s (at the time) unsustainable
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