It is constantly repeated in the pro-boss media that the Irish economy is in recovery, and that this is in full swing throughout the European Union. One has to ask the serious question: A recovery for whom, and at what price? They repeat the mantra that unemployment levels are coming […]
Political Economy
A nice country to be a shareholder in
In the early 1950s American companies wanted to invest in Ireland so that they could expand into the European market; and Irish corporation tax policy was adapted for them. In 1956 export profits tax relief was introduced. Exports of manufactured goods were zero-rated (no tax); so American companies that exported […]
Housing models in the Irish context
Ideology has dominated the Irish housing sector since the outset. There is no period in history, even during times of relatively robust state house-building, that could be said to have had a stable or working housing system. From tenements to failed housing experiments to bubbles, the Irish story of housing […]
Understanding land value tax (LVT)
An introduction After hearing the minister for housing, Eoghan Murphy, declare the Government’s response to the housing crisis—namely changing planning regulations and restrictions for developments and the clear impact it would actually have—it reminded me of a small pamphlet that I picked up in Connolly Books back in 2008, Land […]
The wage system and the capitalist illusion
Has the wage system hidden the class nature of our society, where one section—the capitalist class, the owners of finance and industry—exploit working people, the wealth-producers? It is this class that enforces the wage system, as they are the paymasters at the end of the day. Working people enter into […]
The next crisis—when, not if
We cannot ignore the recent election result in Germany. What happens in the most powerful and influential state in Europe west of Russia must interest us all, as inevitably it will have an impact in Ireland and elsewhere. Moreover, while the electoral success of the far-right Alternative für Deutschland (AFD) […]
Some thoughts on the privatisation of Dublin bus routes
On the 10th of August the National Transport Authority announced that Dublin Bus had lost a tenth of its bus routes to a private operator. Go-Ahead, a British company, has secured the tender to take over twenty-four bus routes. The routes in question are suburban orbital, running north and south […]
Ireland in debt
Ireland in 2017 is in a state of confusion. On the one hand the official line tells us that we are out of the recession, that government revenue and expenditure are increasing annually. The level of general government deficit is declining, and government debt in 2016 was 75 per cent […]