A crisis is the method by which a capitalist economy partially purges itself of the effects of past mistakes while imposing misery on the masses.
Economists often characterize the outcomes as by the shape of letters of the alphabet.  A “V” indicates a quick collapse and an equally quick recovery.  “L” suggests a collapse followed by [...]

What a week. So limited were the parameters of Tuesday night’s TV3 Future Taoiseach debate, it’s a wonder the papers succeeded in eking more than a tweet’s worth of commentary out of it. CrisisJam felt the Empty Chair put on an excellent show. Student nurses and midwives took to the streets to protest against government [...]

I’m not disposed towards conspiracy theories - the world is, after all, a wide world. So, no, I do think the antics in Fianna Fail are a well-planned ruse to take our attention away from the crisis coming down the line. Still . . . .
The Citigroup’s global head of credit believes Ireland is heading [...]

Sacrifice

“I’d be a bit more cautious about that aspect of how
I conduct my social life.” Brian Cowen

Though the world no longer permits,
for the King’s pleasure,
the Saturday night offering up
of girls on the altar at the Acropolis;
on a good day we’d allow you
anything short of being found on top
of a live boy or a [...]

The September Issue of the Socialist Voice is out now.
Download the PDF Version

There have been some outrageous and hilarious things said in this economic debate. I don’t know how economic historians will come to rank them. But surely at the top must be the claim that the rich have paid a ‘far higher price’ than other groups in society as a result of the economic downturn. You [...]

In keeping with the spirit of the times, Khmer Rouge Strippergram (in association with ILR) is launching its annual Limerick for Ireland competition. Entrants must endeavour to produce works that accurately represent and reflect life in 21st-century Ireland. It is our fervent hope that the naturally good-hearted and instinctively cheerful people of this fine and [...]

Profitable companies are using the current economic crisis to weaken terms and conditions of employment and drive down wages of some of the countries lowest paid workers according to a new report published by Mandate.
‘Milking The Recession‘, launched by the retail sector trade union earlier this month claims that there is “an aggressive and determined” [...]