Dear Guardian. Why poverty porn sells austerity.

The politics of deficit reduction. Mortgage rates are kept so low people can sleep at night. You show them suffering without analysis and they get the message that as long as it is hurting someone it is working. This is largely because as yet we don’t have an economic consensus, or political discourse, that can provide new certainties.

It’s going to get worse as our financial crisis deepens and targeting and demonising people, and causing noticeable suffering will validate the politics of deficit reduction even though it’s nonsense.

If you could provide coherent analysis about financialisation of our economy as a response to the financial instability inherent in our system demonstrated by the banking crisis, that would be better. To do this you need comment and journalism from people who understand the institutions being transformed, people who exist within the economy and society and to stop using posh kids who present poverty porn as evidence of the political identity. All those kids are doing is providing the validation that the politics of deficit reduction is successful.

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