Tag: Capitalism

Ireland Political Economy

Marxism and the housing crisis

“Our cities can never be made really habitable or worthy of an enlightened people while the habitations of its citizens remain the property of private individuals. To permanently remedy the evils of city life the citizens must own their city.” (James Connolly, Workers’ Republic, 18 November 1899) “The so-called housing shortage, which […]

Current Affairs Ireland Socialism

Capitalism is bad for our mental health

Ireland’s mental health crisis was already in a bad way before covid; now it’s getting even worse. Covid has not caused the crisis, it has only made it even more serious.

As quarantine conditions worsen, it’s becoming more apparent that isolation and alienation are a serious danger to human beings. Yet alienation is a central component of capitalism as a system.

Campaigns Political Economy Socialism

Water is a human right

At the end of 2020 the water “futures” of California, the largest state in the United States in population and economy, were floated on Wall Street for the first time, under the banner of Nasdaq Veles California Water Index.1 It was the first flotation of its kind, offering potential investors the opportunity to hedge against the future availability of water in California: in simple terms, to get rich from the scarcity of the most important substance for all human, animal and plant life to survive.

Imperialism

Everywhere lies—Damn lies everywhere

You don’t need to have an ideological position to recognise that capitalism is rotten to the core. It is a massive lie from start to finish; but, like any lie that is repeated time and time again, the lies become “truth.”
Whether you are in the middle of a supermarket or the middle of a war, you are surrounded by a cushion of lies, designed to both confuse you and comfort you and always aimed to make you believe that you have no power.

Imperialism International

World’s poor left at the mercy of Covid

As 2020 comes to an end—a year that many would like to forget— sadly, despite the world pandemic, there is no good will from global capitalism towards the peoples of the global south in their battle against covid-19.

The TRIPS Council of the World Trade Organization, which deals with intellectual property rights, debated a proposal tabled by India and South Africa, supported by Eswatini (formerly Swaziland) and Kenya,

Ireland Socialism

A programme for the 21st century

Over recent years a discernible pattern has been emerging in many of those countries that the BBC likes to describe as “parliamentary democracies.” Long-established precedents are being flouted by elected power-brokers in the leading capitalist states. While those who govern on behalf of capitalism have never been reluctant to subvert […]

Political Economy

On supernovas and milkshakes

The economist John Smith of the University of Sheffield caused a lot of debate with his recent article “Why coronavirus could spark a capitalist supernova,” in which he offered a powerful rejection of mainstream and Keynesian analysis of the bond market. For years now, “core” capitalist economies have been suffering […]

Narrated Socialism

When’s the revolution coming?

HIS QUESTION Is often posed to those who even dare suggest the possibility of a socialist future.

In today’s marketised business world we’ve been conditioned into nihilism, a belief in Man’s inherent evil, and to expect nothing more than what we get; it’s essentially Christianity without Heaven at the end. “Socialism” and “revolution” are merely idealistic dreams from the past. But the cynics do ask a fair question: When will the working class take ownership of the state and society?

Imperialism International Narrated Political Economy

The old world is dying

WHATEVER WAY one looks at it, the reality is that this crisis, and its four forms— environmental, health, economic, and political—will prove to be worse than 2008. The fact that China’s economy has slowed down, for the first time in decades, only shows that this crisis will be a global affair, rather than a Western financial crisis, as happened in 2008. The 2020 crash will be a