The Historical Roots of Austerity

This introductory chapter explores the concept of austerity in the context of Britain. Following a decade of austerity measures, the book questions the simplistic view of austerity as solely a means of reducing public spending. Instead, it argues that austerity is deeply rooted in neoliberalism, an ideology that prioritizes market solutions and individual responsibility over government intervention. The chapter examines the historical development of neoliberalism and its impact on the welfare state, particularly through local government. It also highlights the geographical dimensions of austerity, emphasizing how some regions have been disproportionately affected. Finally, the chapter considers the facility to contest austerity, laying the groundwork for a deeper exploration of the policy’s lasting social and political consequences.