Partisan • Patriotic • Internationalist
“We’ve never had this dilemma between health and the economy. Obviously, the restrictive measures we’ve adopted . . . have had an economic impact but there’s no room for doubt that health comes first.”—Alejandro Gil Fernández, Cuban minister of economy and planning. “We are used to financial institutions making honest efforts to […]
Visible manifestations of social unrest have decreased considerably during the pandemic as people are unable to meet, organise or travel. This is shown by research conducted by the IMF in Figure 1 comparing major social unrest events with mobility data. Normality may be suspended to a large degree, but the […]
About 66,500 companies received a total of €2. 9 billion from the now-expired temporary wage subsidy scheme. The state paid out €2.9 billion of public money to mostly private companies to pay the wages of 664,000 employees; and that extraordinary news made the headlines for about eighteen hours. After that […]
The outbreak of covid-19 has exposed the glaring inequality in housing, health, education and work in Ireland and around the so-called “developed world.” This has led to renewed calls from some quarters for a universal basic income for all citizens. Some of those proposing this are well intentioned and believe […]
IN SEPTEMBER the former Greek minister of finance and self-described “libertarian Marxist” Yanis Varoufakis published his vision of a post-capitalist world in his new book, Another Now. He has explained that his motivation for writing the book stems from his belief that Marxists have yet to set out a detailed plan for how a socialist economy and society might function,
“Instead of becoming distracted by the ‘threat’ of populism, we should do more to . . . represent the concerns of citizens and to deliver effective and timely policy solutions.”
The Communist Party of Ireland has, time and time again, shown its analysis of capitalism and imperialism to be correct. Where we have been able to intervene and make a contribution to the wider political movements, debates and campaigns we have actively intervened in what were popular reformist demands, shifting them to transformative ideas and demands, in a number of crucial areas: (1) repudiating the debt,
(2) austerity is working, (3) the triple lock of imperialism, (4) public ownership of water enshrined in the Constitution,
(5) universal public housing, and (6) repeal of the Industrial Relations Act, to name a few. Eoghan O’Neill reports
The economic crisis facing the Government continues to grow. While economic data paints a much rosier picture of the economy, thanks to the dominance of foreign direct investment (i.e. transnational corporations), the pandemic is having a wider and more lasting impact on the domestic economy, in particular on small and […]
“The earth is not dying, it’s being killed, and those who are killing it have names and addresses.”—Utah Phillips, folk singer “The US has bombed no less than thirty countries since the end of World War II, killing millions of people, maiming tens of millions more, disrupting and destroying education, […]
The CPI, in conjunction with Socialist Voice, streamed two talks in September under the title “Economics for Workers.” The guest speaker on each occasion was a leading Marxist economist. The thread that linked the interviews by Graham Harrington of the CPI was an attempt to understand the current crisis (or […]
A strange thing happened in OECD countries between the 1970s and 2008: economic growth rates that looked poor on paper compared with the 1950s and 60s seemed to be boosted dramatically by a massive subsidy, somehow hidden from all national accounts statistics. That subsidy, it turns out, was cheap labour […]
Robert Owen, the nineteenth-century philanthropist, was by any standard a decent sort of bloke. He believed workers should be treated compassionately and that they deserved a reasonable standard of living. In fact he went a step further and attempted to build ideal societies in different countries, including one at Ralahine […]
Capital accumulation is one outcome of the irrational motor that drives our economic system. This is no less true for the agricultural sector than it is for industry. As capitalist production advances over time we witness a greater and greater accumulation of capital in fewer and fewer hands. Let’s consider […]
Irish farming as we know it is in a state of terminal decline. But why is this so, and who is to blame? Some will insist that it is a natural development of economic progress; but, as always, we must ask, Progress for whom? The average Irish farmer struggles to […]
“We will coup whoever we want! Deal with it.”—Elon Musk, CEO of Tesla and SpaceX, responding to a critic who pointed out (correctly) that the US regime organised a coup in Bolivia to secure lithium for the Musks of this world. “The US military has its knee on the throat […]
On June 25th last, the Cabinet took the decision to proceed with Stage 3 of the “Roadmap for Reopening Society and Business”. It is abundantly clear that public health concerns have not been the priority in taking this decision. The rhetoric of “getting the economy up and running again” has grown […]