What happens when a society chooses austerity — apart from the fact that it gets even poorer, so it chooses more austerity, so it gets poorer, like America? What are the sociocultural consequences of austerity? Just look at America — the canonical example. A culture of intelligence, grace, wisdom, and truth becomes a loutish, brutish thing. People are turning on one another economically — now they do so culturally. Racism and hate all rise. But so do ignorance, folly, greed, and spite — because people are living much, much harder lives. You can’t get insulin — remember? Who’s fault is it? Maybe it’s that nasty Jew’s fault. Maybe it’s that dirty Muslim’s fault.