An introduction to the crisis in Ireland - causes and potential conflicts

andrew
Mon, 07 Nov 2011 14:44:57 +0000
Capitalist crisis, Household tax, NAMA, Property speculation, Economy, National, Opinion, Analysis, Paul Bowman

Something entirely unexpected has happened in Ireland - history has gone into reverse. While North Africa, Egypt and the Middle East are struggling to shake of the shackles of neo-colonial dictatorships, Ireland after the Celtic tiger finds itself back in a situation of direct rule. This time not from London, but from the head quarters of the European Central Bank in Frankfurt and the European Commission in Brussels. A state which it now shares with it’s fellow PIGs, Portugal and Greece. For most of the last 60 years we have been told that liberal history went in one direction, from dictatorship and colonial rule to liberal democracy. This picture no longer fits the new status of the PIGs within the European project.