Bobert....I dont advocate lowering living standards as a tool, these standards are going to fall whether we change or not and that fall can be placed squarely at the door of Capitalism. No excuses no get- outs,like " "Its all the fault of the other party"
This is a systemic failure.....we had a nominally left of centre government in power and are basically in the same, or worse position as you.
If we are to starve, we must ensure that the starvation leads to something positive.