I offered by own summarisation of the austerity doctrine (which has proven quite popular among Comment is Free readers): "The austerity drone is a construction to simultaneously justify ideological Social Darwinism and neoliberal privatisation and social stratification. It is abjectly inhuman and economically illiterate." With my mind evidently having some subconscious focus on new American war methods, you will clearly notice the "drone" typo. I naturally corrected myself as a notation shortly thereafter; @nextwavefutures however contacted to say that "I liked 'austerity drone', typo or not. Unmanned, destroys the wrong targets, high collateral damage. Worked for me."
Perhaps austerity drone would be a good phrase to popularise?