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Austerity: Revision history

From ProleWiki, the proletarian encyclopedia
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17 February 2026

16 February 2026

  • curprev 23:5023:50, 16 February 2026 Nasr talk contribs 3,874 bytes +3,874 Created page with "'''Austerity''' is a political-economic programme consisting of public spending cuts, privatization, and increased taxes. It is not a neutral economic policy; rather, austerity is a policy that transfers wealth and resources from the working class to the bourgeoisie, specifically the financial oligarchy. In its simplest form, it aims to increase profitability for the ruling class by reducing necessary social programs.<ref na..." Tag: Visual edit: Switched
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