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Thursday, May 24th 2012


Economy on Irish Left Review

The Economy section contains all the articles that discuss anything to do with the economy, the financial crisis, banking or anything to do with political economics.

Articles

ECB gets Valentines Card but Government Shows Little Love to People

On Valentine’s Day, the Anglo: Not Our Debt campaign has called on the Irish Government to show people in Ireland that it “really cares” by suspending repayments of Anglo Irish Bank’s debts.
The Debt Justice Action network - encompassing a unique coalition of representatives from the trade union, community, faith-based, global justice, environmental and academic sectors - acknowledged [...]

Unlocking NAMA

When NAMA takes over a building it appoints a receiver’s firm to manage and to realize the value of that property. In the case of 66/67 Great Strand Street when enforcement action was taken on the building (which basically means it was repossessed) NAMA appointed the receiver’s firm Martin Ferris.
But when Unlock NAMA occupied the [...]

A View from the Streets of Athens

Thanks to Anne who sent this to Irish Left Review and a number of other undisclosed recipients last night.
This is a note from my son who is half-Irish, half-Greek, living in Pireaus and protesting against the new round of poverty measures about to be imposed on Greece.
Hello everybody,
We all went to the protest yesterday.
There must [...]

This shameful sacrifice of Greece to the gods of the market

Please note William Wall’s new website address www.williamwall.net
The behaviour of the EU states towards Greece is inexplicable in the terms in which the EU defines itself. It is, first and foremost, a failure of solidarity.
The ‘austerity package’, as the newspapers like to call it, seeks to impose on Greece terms that no people can accept. Even [...]

Unlock NAMA Talk 28 Jan 2012

This is a recording of the talk I gave at the Unlock Nama campaign launch, which took place on Saturday 28 Jan 2012, at 66-67 Great Strand Street, Dublin 1. It’s about 22 minutes long.
At the start I drew a diagram on some sheet paper on the wall behind me, the image above is [...]

 
 Conor McCabe, Unlock Nama, 28 Jan 2012: Play Now | Play in Popup | Download

A MASTERCLASS IN IRISH COMPRADOR/MIDDLEMAN CAPITALISM, COURTESY OF TONY O’REILLY JNR

In an interview last year with the online journal, Proactive Investors, Tony O’Reilly Jnr did a pretty good job of explaining the business model of Irish middleman capitalism, although I doubt that was his intention.
The link to the recording is here, but the edited clip itself is at the end of the post.
The extract in [...]

 
 Tony O'Reilly Jr [1:47m]: Play Now | Play in Popup | Download

The Finance Bill: To Those that Have . . .

The Finance Bill running to nearly 300 pages is out.  There’s the odd sliver of good news - the 5 percent levy on the sheltered income from legacy property tax relief for those earning over €100,000, for instance.  Otherwise, it’s a pretty grim affair, putting into effect a regressive budget.
But there are little stories that [...]

Catastrophic Event

As we approach the centenary of the Republic’s Proclamation in a state of economic chaos and democratic underdevelopment will we be remembered for our failures rather than our resolution?
On the face of what we know, the Irish economic crisis will trigger similar events to some of our previous catastrophes in the 19th and 20th centuries.  [...]

Europe’s largest economic failure is not in Greece - but in the UK, Italy and Spain

With the European Union (EU) heading into a double dip recession, even before the peak level of GDP of the previous business cycle has been regained (Figure 1), it is evident that the solutions adopted to deal with Europe’s economic crisis have failed. But the focus of financial markets on Greece’s debt crisis should not [...]

The IFSC Doesn’t Even Buy Ireland a Pint

With the IFSC now central to the government’s growth plans, some figures which may be of interest.
The only figure I can find for how much corporation tax the IFSC contributed is the figure for 2010.
it’s €1.4 billion - Dept. of the Taoiseach last July, ( citing a private report, not Revenue, which is interesting in [...]

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Sins of the Father

Sins of the Father:

Tracing the Decisions

That Shaped the Irish Economy,

by Conor McCabe

from The History Press

Now Available as an e-Book.

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