Taken from Socialist Voice, June 2012 by NC, who is responding to criticism of a review of Andrew Kliman’s book The Failure of Capitalist Production written in the January edition of SV. Thanks to Eugene and…
Tagged By Financial Crisis
The Incredible Shrinking UK Economy
The magnitude of the blow suffered by the UK economy since the beginning of the financial crisis is very considerably minimized by not presenting it in terms of a common international yardstick. Gauged by decline…
What lies behind the renewed international economic crisis – and what policies are required to deal with it?
Given the onset of a renewed round of the international financial crisis it is useful to draw together its various elements in an analysis of its overall determinants, its course, and the policies necessary to…
Never mind the Levy, Put Pension Assets to Work for the Economy
The Government has got itself into a bit of bother over this whole pension levy lark. But the complaints from the pension industry are a bit hard to take. In this regard, contributions from two…
TASC Launches Discussion Paper on Debt and Banking Crisis
Paper proposes replacement of blanket bank guarantee with guarantee for deposits only ‘Extend and pretend‘ strategy should be used to avoid paying Anglo promissory notes “Ireland can no longer afford ‘zombie banks’, which are preventing…
Realizing the benefits of China-EU strategic cooperation
This article was originally published in China.org.cn. It is being republished here with the kind permission of the author. Discussions between China and the European Union (EU) have speeded up during 2011. To take just…
The Real Deal?
Hugh Green of Punishment of Sloth provides some very helpful detail on the ¡Democracia Real YA! campaign in Spain, which saw a massive 50 city-wide demonstration last Sunday (May 15th). He also compares the nature…
Yanis Varoufakis | On the Political Economics of Dominic Strauss Kahn’s Political Death
Yanis Varoufakis | On the Political Economics of Dominic Strauss Kahn’s Political Death Yanis Varoufakis on the political ‘death’ of DSK. Varoufakis quotes DSK in a BBC Radio 4 interview broadcast in Jan 2011 where…
Barroso’s Silent Revolution
If one were to identify successful revolutionaries in crisis-ridden Europe, the European Commission would be a strong candidate. And it’s not social justice and democracy they have at heart, writes Kenneth Haar of Corporate Europe…
The Irish Economy – A leftwing perspective from Leo Panitch
Following the Tsunami that hit the Irish economy, Professor Leo Panitch provides an analysis of the causes and consequences from a Marxist perspective. Leo Panitch is the author of many books, including the recent In…
Forced Payment of Debt is a Massive Transfer of Wealth
At the launch of a pamphlet calling for repudiation of the debt, the general secretary of the Communist Party of Ireland, Eugene Mc Cartan, stated that people must be allowed to have a vote on…
The Inexorable Rise of Long-Term Unemployment
Long-term unemployment is the worst part of any jobless figures. We can deal with frictional unemployment (a temporary period during which people change jobs). Even short-term unemployment can be dealt with – through re-training, back-to-education,…
TASC Submission to the Independent Review of ERO and REA Wage Setting Mechanisms
TASC has made a very interesting submission to the Independent Review of ERO and REA Wage Setting Mechanisms, which provides “independent external economic and labour market evidence in support of the need for wage floors”….
Don’t Believe the Jobs Hype: Fine Gael Will Increase Unemployment
One of the defining characteristics of the 2011 general election is the championing of “competence” over incompetence. Foolish decisions made by politicians, both during the our relatively short lived ‘boom’, and since the collapse in…





