This quote challenges the notion that harsh spending cuts are unavoidable necessities. It argues that austerity measures are deliberate decisions made by those in power, often serving specific ideological agendas rather than pure economic imperatives.
Quote by Naomi Klein: “Austerity is not an economic policy; it's a political choice.”
Austerity is not an economic policy; it's a political choice.
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Historical Context
Used to critique neoliberal economic policies imposed on countries during times of crisis, revealing the political motivations behind seemingly neutral economic decisions and their social impacts.
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Canadian author and activist whose books No Logo and The Shock Doctrine reshaped how a generation understood globalisation and corporate power. Her more recent work focuses on climate change as both a crisis and an opportunity for radical economic transformation.
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