A little word with a big footprint – “austerity” has now become normalized as part of the political discourse. Governments everywhere are positioning themselves to transfer billions of dollars from pensions, social services and public sector wages, to pay off debt built up in part during the Great Recession of 2008-2009. A resource in the fight against austerity is the just published special issue of Socialist Studies, containing contemporary analyses and historical reflections on both the economics of the austerity agenda, and strategies by which it can be resisted.
