Children are suffering from real-terms spending cuts in up to 88% of schools. The public sector pay cap has meant that millions of workers are struggling to make ends meet.<\/p>\n
Alongside the mounting human costs, austerity has hurt our economy. The UK has experienced its weakest recovery on record and suffers from poor levels of investment, leading to low productivity and falling wages. This government has missed every one of its own debt reduction targets because austerity simply doesn\u2019t work.<\/p>\n
The case for cuts has been grounded in ideology and untruths. We\u2019ve been told public debt is the outcome of overspending on public services rather than bailing out the banks. We\u2019ve been told that while the government can find money for the DUP, we cannot afford investment in public services and infrastructure. We\u2019ve been told that unless we \u201ctighten our belts\u201d we\u2019ll saddle future generations with debt \u2013 but it\u2019s the onslaught of cuts that is punishing an entire generation.<\/p>\n
Given the unprecedented economic uncertainty posed by Brexit negotiations and the private sector\u2019s failure to invest, we cannot risk exacerbating an already anaemic recovery with further public spending cuts. We\u2019ve reached a dangerous tipping point. Austerity has failed the British people and the British economy. We demand the chancellor ends austerity now.<\/p>\n
Joseph Stiglitz Professor, Columbia University
\nHa-Joon Chang Professor, University of Cambridge
\nDavid Graeber Professor of anthropology, LSE
\nAnn Pettifor Director, Prime Economics
\nDanny Dorling Professor, University of Oxford
\nSaskia Sassen Professor, Columbia University
\nSir Richard Jolly Emeritus professor, Institute of Development Studies
\nMike Savage Co-director of International Inequalities Institute, London School of Economics
\nDavid Blanchflower Professor of economics, Dartmouth College
\nRichard Murphy Director of Tax Research UK, University of London
\nKate Pickett Professor of epidemiology, University of York
\nRichard G Wilkinson Emeritus professor of public health, University of Nottingham
\nBeverley Skeggs Academic director of International Inequalities Institute Atlantic fellows programme, LSE
\nDiane Elson Emeritus professor, University of Essex
\nFrances Stewart Director for research on inequality, human security and ethnicity, University of Oxford
\nSimon Wren-Lewis Professor of economic policy, Blavatnik School of Government, University of Oxford
\nMalcolm Sawyer Emeritus professor of economics, University of Leeds
\nVictoria Chick Emeritus professor of economics, University College London
\nJohn Weeks Emeritus professor of economics, Soas
\nGurminder Bhambra Professor of sociology, Warwick University
\nJason Hickel Department of anthropology, Goldsmiths University of London
\n\u00d6zlem Onaran Department of international business and economics, University of Greenwich
\nHoward Reed Director, Landman Economics
\nValpy FitzGerald Emeritus professor of international development finance, University of Oxford
\nRuth Pearson Emeritus professor, University of Leeds
\nLen McCluskey General secretary, Unite
\nDavid Prentis General secretary, Unison
\nTim Roache General secretary, GMB
\nMark Serwotka General secretary, PCS
\nManuel Cortes General secretary, TSSA
\nSally Hunt General Secretary, UCU
\nKevin Courtney Co-general secretary, NEU
\nMary Bousted Co-general secretary, NEU
\nRonnie Draper General secretary, BFAWU
\nHorace Trubridge General secretary, MU
\nDave Ward General secretary, CWU
\nMick Whelan General secretary, Aslef
\nDoug Nicholls General secretary, General Federation of Trade Unions
\nMatt Wrack General secretary, Fire Brigade\u2019s Union
\nShakira Martin General secretary, NUS
\nJanet Davies General secretary, Royal College of Nurses
\nRadical Housing Network
\nUK Uncut
\nSam Tarry President, Class
\nFaiza Shaheen Director, CLASS
\nOmar Khan Director, Runnymede Trust
\nMary-Ann Stephenson Co-director, Women\u2019s Budget Group
\nDavid Hillman Chair, Robin Hood Tax
\nAsad Rehman Director, War on Want
\nSarah-Jayne Clifton Director, Jubilee Debt Campaign
\nSam Fairbairn National secretary, People\u2019s Assembly Against Austerity
\nLinda Burnip Founder, Disabled People against Cuts
\nFran Boait Executive director, Positive Money
\nWill Snell Director, Tax Justice UK
\nMiatta Fahnbulleh Chief executive, New Economics Foundation
\nKayleigh Garthwaite Fellow, department of social policy, sociology and criminology, University of Birmingham
\nRuth Patrick Postdoctoral researcher, School of Law and Social Justice, University of Liverpool
\nTracey Jensen Lecturer in media and cultural studies, Lancaster University
\nStewart Lansley Visiting fellow, Bristol University
\nAndrew Cumbers Professor, Adam Smith Business School
\nPrem Sikka Professor of accounting, University of Essex
\nChristine Cooper Professor of accounting and finance, University of Strathclyde
\nJo Michell Associate professor of economics, UWE Bristol
\nDavid Spencer Professor of economics and political economy, University of Leeds
\nAlfredo Saad-Filho Professor, Soas
\nSimon Reid-Henry Reader in geography, Queen Mary University of London
\nMary Mellor Emeritus professor, Northumbria University
\nHugh Willmott Professor of management, University of London
\nSteve Keen Professor of economics, Kingston University London
\nSusan Himmelweit Emeritus professor of economics, Open University
\nGideon Calder Senior lecturer in public health, policy and social sciences, Swansea University
\nSimon Mohun Emeritus professor of political economy, Queen Mary University of London
\nKlaus Nielsen Professor of institutional economics, Birkbeck University of London
\nPritam Singh Professor of economics, Oxford Brookes Business School
\nMatthew Watson Professor of political economy, University of Warwick
\nMary V Wrenn Professor, UWE Bristol
\nGeoffrey Hodgson Research professor of business studies, University of Hertfordshire
\nDaniela Gabor Professor of economics and macro-finance, UWE Bristol
\nGary Dymski Professor of applied economics, Leeds University Business School
\nTony Thirlwall Professor of applied economics, University of Kent
\nKalim Siddiqui Senior lecturer, University of Huddersfield
\nStuart Holland Economist, University of Coimbra
\nDavid Bailey Professor of industrial strategy, Aston Business School
\nRoberto Veneziani School of Economics and Finance, Queen Mary University of London
\nNeil Lancastle Director of Finance and Banking Research Centre, De Montfort University
\nMichael Lipton Research professor of economics, University of Sussex
\nMarjorie Mayo Emeritus professor of community development, Goldsmiths
\nAndrew Simms Fellow, New Economics Foundation
\nLeslie Huckfield Academic and activist, Yunus Centre for Social Business and Health
\nHugo Radice Economist, University of Leeds
\nSatoshi Miyamura Senior lecturer, Soas
\nSue Konzelmann Director of the London Centre for Corporate Governance and Ethics, Birkbeck University of London
\nBruce Conin Professor of economic sociology, University of Greenwich
\nDavid Hall Professor, public services international research unit, University of Greenwich
\nJonathan Perraton Senior lecturer in economics, University of Sheffield
\nTeddy Brett Professor of international development, LSE
\nRobert Calvert Jump Lecturer, UWE Bristol
\nJeff Powell Senior lecturer in economics, University of Greenwich
\nKat Chzhen Academic, co-editor of Children of Austerity
\nDominic Harrison Visiting professor of public health, University of Central Lancashire
\nLisa McKenzie Lecturer in sociological practice, Middlesex University
\nSatbir Singh Chief executive, Joint Council for the Welfare of Immigrants
\nCostas Lapavitsas Professor, Soas
\nEngelbert Stockhammer Professor, Kingston University London
\nAnnette Hastings Professor of urban studies, University of Glasgow
\nRuth Lupton Professor of education, University of Manchester
\nKitty Stewart Associate professor of social policy, LSE
\nCanon Giles Fraser Parish priest, St Mary\u2019s Newington
\nAnna Minton Programme leader MRes architecture: Reading the Neoliberal City, University of East London
\nSam Friedman Associate professor of sociology, LSE
\nPilgrim Tucker Community organiser, Grenfell Action Group
\nCanon Steve Saxby Chair, Unite Faith Workers
\nPaul Parker Recording clerk, Quakers in Britain<\/p>\n
![\"\"](\"http:\/\/www.dannydorling.org\/wp-content\/files\/PublicSpendingPoliticalInsight-1024x823.png\")