€1,600 billion. That is the figure for Irish Oil & Gas reserves already licensed revealed this morning in a detailed report from Shell to Sea using the energy corporations own reports and estimates. People in Ireland will see almost no benefits from this incredible wealth because the Irish state gives these reserves to the corporations at the cheapest terms in the world.
Four anarchists including two Greek anarchists examine the real effects of the Euro crisis on the Greek population, resistance to the attempts to impose all the costs of the crisis on ordinary Greeks and the meaning of the second round of elections in particular the role of SYRIZA.
With votes still being counted it has become clear that the largest block of potential voters refused to take part in the fiscal compact referendum, rejecting the arguments that they could either vote for ‘stability’ or against ‘austerity’. Quite possibly more people chose to boycott the referendum then the combined Yes and No voters. On top of this some 17% of the population who live and pay tax in Ireland were excluded from voting at all in the referendum. This means as many as 2/3 of the adult population did not vote in the referendum. [Italian translation of this article]
Who can dare suggest we are not all in it together? Cuts are being inflicted across all classes – the elite and companies get tax cuts, working class people get wage and benefit cuts. Even better, the Tories in their drive for fairness have given the many the opportunity usually afforded the wealthy few – by waiting until a pasty is lukewarm we can all participate in tax avoidance!
Ha-Joon Chang, while an economist, is not of the mainstream neo-classical brand. This becomes very obvious reading his extremely useful book 23 Things They Don’t Tell You About Capitalism.
On Saturday 28th January Unlock NAMA opened an occupied building in the center of Dublin for a day of lectures about NAMA, Ireland’s ‘Bad Bank.’ The event was cut short by a large number of police who turned up and ordered them out of the building. In this 40 minute interview Andrew Flood interviews Cat & Moira from Unlock NAMA about the occupation, what NAMA is and what Unlock NAMA demands.
Image: All rights reserved by Paul C Reynolds – used with permission
The revolutionary union the Industrial Workers of the World marked its 100th anniversary in 2005. To mark this event a conference was held at the University of Missouri-Kansas City, hosted by the editors (Fred Lee and Jon Bekken) of this useful selection of talks from it. As well as an introduction, this book has ten chapters on a wide range of subjects on something often not much discussed in radical circles, political economy.
“The exploitation of man by man, someone once said, is theft” (Pierre-Joseph Proudhon)
The global Occupy movement has struck a cord with the 99% and the ruling class is worried. Rightly so, given that the neo-liberal agenda that has allowed the few to become obscenely rich at the expense of the rest has come under fire.
The police killing of Mark Duggan resulted in four nights of rioting across England. The immediate trigger was the killing itself, and the disrespect shown by the police to Mark’s family and friends. But the riots rapidly broadened to expressions of a more general anger and alienation; an anger that was all too often unfocused and striking out at the nearest target of opportunity. This resulted in widespread destruction of resources in already deprived neighborhoods and some anti-social attacks on bystanders. Despite this, the roots of the riots lie in the economic and political conditions of these districts, and not in ‘poor parenting’ or ‘mindless criminality’. These conditions were created by the very politicians and business elite who now call for a return to normality and repression. [French translation]
(Image: By SkyFireXII via Flickr Creative Commons 2.0)
Anarchists have long argued that capitalism is an economic system riddled with contradictions. These express themselves in recurring crisis, when these contradictions expose themselves for all to see in generalised misery they produce.