The Conservative coalition regularly claims its cuts are unavoidable because the welfare state has been too generous.
But it is ordinary people who have to pay for the very same casino capitalist failures that originally got us in this mess.
Billions cut from welfare, reductions across government departments and the looming bedroom tax are just some examples of policies that actively target the most vulnerable.
Women are expected to bear 75 per cent of the burden and the poorest will be hit six times harder than the richest on average. At least 1.3 million jobs will be culled in public and private sectors combined.
There is no financial logic to this economic vandalism, which is why the people must seek to campaign for a radical alternative.
We have the power to create a fairer and more sustainable alternative for all citizens through peaceful collective enterprise.
Participatory co-operation can create the grass-roots movement needed to make eternally obsolete the oppressive shackles of a system which produces only for profit instead of need, and is responsible for perpetual warfare and environmental destruction in its ruthless pursuit of market domination.