For an ambitious EU Financial Transaction Tax worthy of the name

By Emma Clancy. The recession we are facing as a result of the coronavirus pandemic – together with the urgent need for climate transition – will require unprecedented public investment by the European Union (EU) and its member states. The EU’s absurd debt and deficit rules – combined with the […]

After neoliberalism: Naked class war aided by the state

By Zack Breslin. Neoliberalism has been exposed as a failed doctrine, first by the financial crisis that erupted more than a decade ago and now by the Covid-19 pandemic. What replaces it? The seismic events of the financial crash of 2008 revealed the consequences of allowing rampant financial capitalism to […]

Capitalism’s accumulation crisis prompts attacks on wages and organised labour

By Lisbeth Latham. The central driver of the capitalist system is the drive for capitalists to constantly increase profits – failure to do so can be a trigger for a crisis within the capitalist system. Since the end of the long boom in the early 1970s, capitalism, particularly in the […]

Coronavirus will not destroy neoliberalism – only we can do that

By Lisbeth Latham. Triumphalist comments about the end of capitalism or neoliberalism abounded in the aftermath of the global financial crisis in 2008, just as there are many people today who believe that the current crisis is the end of neoliberalism or capitalism. Unfortunately, neoliberalism and – more importantly – […]

Behind the spin on the EU’s recovery plan

By Emma Clancy. Addressing members of the European Parliament on 27 May, Commission President Ursula von der Leyen proposed the creation of a ‘Next Generation’ European Union recovery fund worth €750 billion, to be raised by the Commission – a temporary Eurobond. The funds would be disbursed as €500bn in […]

After the shutdown: A just transition and Green New Deal for Ireland

By Conor McCabe. This is the fourth and final article in a series adapted from the Unite union’s policy document, Hope or Austerity: A Road Map for a Better, Fairer Ireland After the Pandemic, written by Conor McCabe. The current crisis is an interplay between Covid-19 and the deep-rooted inequalities and structural […]

The EU’s Stability and Growth Pact must go – or we face a future of austerity and pain

By Emma Clancy. A decade of austerity imposed by the European Union institutions and EU member state governments has caused significant deterioration in healthcare services across the EU. The COVID-19 pandemic has demonstrated the EU’s healthcare and public sectors to be ill-equipped to respond to the outbreak in accordance with […]

Government protects banks and landlords instead of jobs and small businesses

By Conor McCabe. This article is the third in a four-part series adapted from the Unite union’s policy document, Hope or Austerity: A Road Map for a Better, Fairer Ireland After the Pandemic, written by Conor McCabe. In its response to the Covid-19 economic challenges faced by businesses – particularly micro and […]

Do Not Resuscitate Capitalism: Science in a time of pandemic

By Helena Sheehan. Of the many dimensions of the present pandemic that is swamping our lives and suspending our normal reality, one of the most central has been the role of science. Every report on our all-virus-all-the-time news references science. The new media stars are epidemiologists, virologists, mathematicians, physicians and […]