Socialist Party

Economy
The euro patient: ‘Stabilised’ but still critical PDF Print E-mail
Written by Lynn Walsh, Socialism Today   
Friday, 30 March 2012 10:00

The Greek bailout 2.0 has averted a default, for the moment. The new fiscal pact is a straitjacket that will aggravate Europe’s austerity-induced recession. Ireland’s referendum threatens to shake the EU and the eurozone. There is growing discord among EU leaders. Far from over, workers’ struggles against capitalist austerity will erupt on an even bigger scale.
 
Eurozone: Into the abyss? PDF Print E-mail
Written by Lynn Walsh, Editor of Socialism Today   
Friday, 25 November 2011 09:00

The Eurozone is at a tipping point. EU leaders are in disarray and have no clear strategy for resolving the crisis. Fragmentation of the Eurozone could trigger another deep financial crisis and global economic downturn. socialistparty.net analyses the crisis.
 
Promissory Notes madness must end! PDF Print E-mail
Written by Jimmy Dignam   
Wednesday, 14 March 2012 10:00

Much debate has arisen recently on the promissory notes debacle and its impact on the economy.  The issue seems to be clouded in mystery and many people may have shied away from it believing it to be yet another complex financial problem. The reality is that such discussions are generally made to seem difficult to grasp by the establishment and its media, to cover-up the story’s scandalous nature. This is exactly what is happening with the promissory notes.
 
The truth about Ireland’s super-rich PDF Print E-mail
Written by Cillian Gillespie   
Friday, 11 November 2011 10:00

Albert Einstein once defined insanity as doing the same thing over and over again and expecting different results each time. In the last three years successive budgets have resulted in €20 billion being taken out of the Irish economy through austerity and have drastically worsened the present economic crisis.
 
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