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# Event: Austerity is working ... For the 1%
- URL: https://www.opendemocracy.net/en/event-austerity-is-working-for-1/
- Published: 2013-02-22T11:02:32.000Z
- Updated: 2019-02-14T22:19:49.000Z
- Author: openDemocracy Supporters
- Tags: openDemocracy News - archive, #Migrated, #en, #Import 2026-04-09 17:36

Saturday 16 March, 11 am - 5pm

Faraday House, 48-51 Old Gloucester Street, London

The welfare state is under attack, workers’ rights are being eroded and poverty and inequality are on the rise. This is not a new crisis. The austerity measures now being imposed in the UK and Europe have been replicated around the world for decades. Time and again, debt crises created by casino banks have been paid for through austerity measures which have fallen on the poorest in society. The global history of austerity shows us how it has been used to create an economy that is built for the benefit of the 1%. [Read on for speakers and event details](http://www.waronwant.org/news/events/17802-austerity-is-working-for-the-1-percent?ref=opendemocracy.net)