The no-money austerity claim is falsified by recent British history

Evidence

The economic argument (and the alibi given by the Liberal Democrats to explain their about-face on the fees issue) is that we, as a nation, don’t have the money for things anymore. We certainly can’t afford to pay tuition fees, and give grants rather than loans. We managed both of those things for several decades up to 1997, without the economy collapsing around our ears and people pushing wheelbarrows of money through the streets and/or queueing for bread and salt, but never mind. — Mark Fisher (edited by Darren Ambrose), K-Punk, 1513

Categorization

• XREF: Digital Ben’s counter to capitalist realism echoes Fisher’s broader point that austerity frames present historically contingent choices as inevitabilities. — connects to: Austerity’s success cases are few and possibly wrong while its failures are demonstrable — Mark Blyth, Austerity: The History of a Dangerous…, 479

Broader Connections

• Austerity’s success cases are few and possibly wrong while its failures are demonstrable #corroborates (0.80) — Mark Blyth, Austerity, 479