A new book by Clara Mattei, reviewed here in the Jacobin, shows how austerity is about class politics, and not about running out of money, see here
jacobin.com/2026/01/matt...
Since its inception, the economics profession has provided elites with a justification for austerity. But this is very often a thinly veiled defense of the interests of the rich. See more here, jacobin.com/2026/01/econ...
Austerity won't help rebuild Syria. "Syria's government is pursuing economic growth through liberalisation, foreign investment and cuts to state spending. These moves benefit the new elite but won't lift the majority out of crisis." There are alternatives to austerity. tinyurl.com/2zjp3h8t
Art to End Austerity. The 'Museum of Austerity' in London, until 19 January, combining testimony, original music and holographic imagery, it is more than an exhibition; it’s a blend of theatre, history and humanity. A place to reflect on the past and confront the future. tinyurl.com/ynwavp4d
Just published, my op-ed article on the World Social Summit in Doha
#SocialSummit2025 #WSSD2
@ipdcolumbia.bsky.social @endausterity.bsky.social
tinyurl.com/388rarn8
Austerity protests hit Romania this month as the cost of living is rising, and energy bill support was phased out this year. Yet, there would be room for alternatives: taxing windfall profits, raise corporate taxes, ensure public beneficial ownership and asset transparency. shorturl.at/ATnBj
Sri Lanka austerity policies led to massive cuts in public services and public sector wages - even according to the World Bank. But they take little responsibility for advice in their Doing Business (DB) indicators that led to vast cuts in corporate taxes, and lack of debt relief. shorturl.at/Vp9zg
Protestors marched against proposed labour laws in Lisbon last weekend, a reminder that austerity policies, including measures hurting breastfeeding mother, and reducing miscarriage related bereavement leave are deeply unpopular. Demands were made to increase the minimum wage. rb.gy/56nis9
Join us today at COP30 in Belem to discuss alternatives to austerity in climate financing, moderator @oxfaminternational.bsky.social ED Amitabh Behar, panelists Luti Guedes, Grace Malie, Fanny Petitbon @350.org, Ezequiel Steuermann (GI-ESCR), @kuminaidoo.bsky.social, @amnesty.org SG Agnes Callamard.
Leading up to Argentina's mid-term elections, pensioners have taken the streets as they have been among the hardest hit by austerity policies. Now with President Milei winning the mid-term elections, austerity cuts are ever more likely. www.bbc.co.uk/news/article... and www.dw.com/en/argentina...
Anti-austerity protests in Ecuador's sparked by ending fuel subsidies is leading to higher prices on essential goods and transport. Civil society actors condemn the criminalisation of protests and rights-defenders, and dismantling of democratic guarantees. newint.org/strikes/2025...
New Report! “Welfare reform in the name of austerity and efficiency has alienated millions of people living in poverty and played into the hands of a far right looking to exploit discontent,” the UNSR on extreme poverty and HR, @deschuttero.bsky.social at UNGA, see: docs.un.org/en/A/80/138
80,000 - 150,000 protestors in Belgium mobilise against austerity measures. In all regions, we need to ensure that we tax the rich, and propose progressive tax policies, rather than cut public services and social protection that harms the people. www.aljazeera.com/news/2025/10...
💸 Over 3.4B people live in countries that spend more on debt service than on health or education. Enough is enough. @IMFNews @WorldBank must be held accountable. #CancelTheDebt #StopTheHarm
Today in Washington DC at @hrw.org at 5pm (ET) in person, or on zoom "Alternatives to end austerity"
Come hear about alternatives from the Global South regions @latindadd.bsky.social @menafem.bsky.social @fintrco.bsky.social TJNA and IBON International.
RSVP here, forms.gle/zWr4CB6zxpNU...
4) 🚨It’s time to break the cycle.
📷 Read more: iboninternational.org/download/dis... #EndAusterity #CancelTheDebt #JustTransition
3/ Meanwhile, military spending rises to protect extractive assets. Public services shrink. The people suffer. 💸 #stopthecuts
2) When disaster hits - droughts, floods, famine -they face more debt, austerity, and even conflict over scarce resources. 🌀⚔️ #CancelTheDebt
🚨 The “austerity trap” is real.
1) Global South countries are trapped in debt cycles. To repay, they’re pushed to expand fossil fuel extraction - deepening climate breakdown
#EndAusterity
In a new guest analysis for our #ObserverSummer25 Charith Gunawardena argues IMF failed approach to debt sustainability and #austerity in Sri Lanka adds evidence for urgent need of IFA reform, including a UN debt workout mechanism #FfD4 #G77
tinyurl.com/SriLankaIMF
Our new #ObserverSummer25 is out now🚀
This edition covers civil society demands of unconditional debt relief in #Jubilee2025, IMF's upcoming surveillance review, World Bank's billions to trillions 'fantasy', Sri Lanka, Argentina & the IMF, #FFD4, and more 🔥👇
tinyurl.com/ObserverSumm...
🌍✨ #Throwback to IAFFE ✨🌍
Our co-coordinator Mati Kohonen says it loud: progressive taxation is key to funding care systems & building fairer societies.
It’s time to #EndAusterity & fight for #TaxJustice. Join us!
📢 endausterity.org
#CareEconomy #FutureBeyondAusterity #EndAusterity #EndAusterityNow
#FfD4 is far from the milestone for global economic governance reform it could have been.
For #CivilSociety, it's clear that the job is not done. We need real reform, not a watered-down consensus.
Read our analysis 👉 www.eurodad.org/ffd4_job_not...
💡 "One of the most promising avenues is to introduce a minimum tax for the ultra-rich, expressed as a percentage of their wealth."
Seven Nobel laureates in economics advocate for the Zucman tax in their latest op-ed.
Read the full @lemonde.fr article 👇
www.lemonde.fr/idees/articl...
At #IAFFE2025, we discussed how care systems remain underfunded despite post-pandemic momentum. Austerity and regressive tax systems are holding us back. It’s time to prioritize care in public budgets. #FeministEconomics #CareEconomy #EndAusterity
Why is everyone talking about a wealth tax? 🧵
Under pressure from the public, the govt walked back a number of its planned cuts to social security last week. That means the conversation has turned back to tax.
The govt has 3 main choices... 1/8
www.huffingtonpost.co.uk/entry/is-it-...
🌍 That’s a wrap on #FfD4 - but this is only the beginning.
We stood together to expose austerity, debt traps & elite power.
We demanded:
✅ #EconomicJustice
✅ #DebtCancellation
✅ #ClimateJustice
We will not be silenced. We are here to stay.
This is the start of an #EraOfJustice to #EndAusterity ✊
🌍 As #FFD4 comes to a close, the fight for tax justice continues: pushing for more countries to join the Seville Platform for Action, holding leaders to their promises, and pushing for real action.
The movement is getting stronger #TaxTheSuperRich.
#FFD4
www.taxthesuperrich.world
We took action at #FfD4 to say: the era of austerity must end.
Austerity isn’t “fiscal responsibility.” It’s a system to protect wealth while communities pay the price.
We demand:
✅ #DebtCancellation
✅ #ClimateJustice
✅ #TaxTheRich
We will not be silenced. We are fighting for an #EraOfJustice.
