Tag: Crisis Capitalism

Current Affairs Latest Trade Unionism

Capitalism is the virus

The global coronavirus pandemic has exposed the crass nature of the capitalist system. In the early days, the so-called developed world hijacked, stole and diverted entire shipments of personal protective equipment; America purchased the entire global stock of the important covid-19 drug Remdesivir; more than a thousand people on the […]

Political Economy

Economic update: July

We are in the first moments of an economic crisis more serious than anything experienced in living memory. The World Bank’s “baseline forecast” envisages a “5.2 percent contraction in global GDP in 2020—the deepest global recession in eight decades.”[1] Even that assumes we are living through the most optimistic scenario. […]

Ireland Narrated

Containing by restraining

Nothing worries an established ruling class so much as a series of unpredictable events over which they have no control. This is especially so when these events pose questions about the stability of the status quo. There can be little doubt that developments over the last six months have given […]

Current Affairs Narrated Socialism

Is this the beginning of the end, or the end of the beginning?

AMONG OTHER brutal passings, going into May we pay tribute to Marx’s one and only paramour: the Paris Commune. “Its martyrs are enshrined in the great heart of the working class,” declared Marx, while Connolly, thirty years later, argued: “The Commune, if it had been successful, would have inaugurated the reign of real freedom the world over—it would have meant the emancipation of the working class.”

Political Statements

One Ireland, One Solution, One All-Ireland Constitution

The CPI expressed its solidarity with all those affected and who will be affected by this growing health crisis, and to the health staff and emergency services in the front line. The health services across the country from Belfast to Cork are wholly inadequate, having experienced over a decade of harsh austerity cuts, bed closures, lack of investment, staff shortages and the prioritisation of private corporate medicine over a decent well-funded public health system.

Political Economy

Signs of the next economic crisis

Over the past two months we’ve been reminded constantly about the supposed health of our economy. Unfortunately, things are not as healthy as cherry-picked statistics might suggest—as anybody looking for a hospital bed or a home can clearly see. We’re highly vulnerable as a small, open economy to the vagaries […]