I have written about the the correlation between austerity programs and violence–whether the mass state violence like the 1989 “Caracazo” bloodbath in Venezuela in response to an IMF-sanctioned austerity program, in which up to 3,000 people were massacred (leading eventually to the rise of Hugo Chavez)…the violence of forcing a country like Greece to accept being ruled by an ax-wielding fascist Holocaust denier…or the personal violence in the workplace, where Americans have been dealing with “Going Postal” massacres ever since the effects of Reaganomics set in during the 1980s.
Here is a graph I found (H/T: “Financial Armageddon”) based on a study by Control Risks that illustrates as simply and clearly as can be, so that even My Pet Goat readers can grasp it, the linear correlation between harsh austerity measures and mass violence: [click to enlarge]
Read more:, Mark Ames, Uncategorized
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