IMF

Anarchist articles on the intervention of the Internal Monetary Fund in Ireland

Mass Opposition to Proposed Household Charge - Boycott Campaign under way - But Sinn Fein Refuse to Support Non-Payment

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The announcement from the government that households are to face a charge of €100 per annum from January 1st with separate water and property taxes to follow by 2014 has met with fierce opposition across the country.  Radio and television shows have been inundated with texts and phonecalls from irate people who see this latest tax as a step too far and who have been pledging to resist the charge.  In a TV3 IrelandAM poll this morning, Wednesday, 87% of people answered ‘Yes’ to the question “Would you consider boycotting the household charge?”

Real Democracy - The Art of Seeing

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José Saramago

In this article, I look at how a nobel prize winning author's, José Saramago's ideas are reflected in the Real Democracy Movements goals.

When the old man picked up the Nobel Prize for literature in 1998, he referred to himself in the third person as ‘The apprentice’.   

“The apprentice thought, 'we are blind', and he sat down and wrote Blindness to remind those who might read it that we pervert reason when we humiliate life, that human dignity is insulted every day by the powerful of our world, that the universal lie has replaced the plural truths, that man stopped respecting himself when he lost the respect due to his fellow-creatures.”

Rich and poor must share the pain says Gilmore

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Labour's Gilmore says we must all share the pain. A water charge of 200 euros a year, wage cuts for the low paid courtesy of Minister Bruton, house reposessions by the bailed-out banks, emigration for school leavers, overcrowding for prisoners, fee hikes for students, cuts in hospitals... none of this really affects the life style of the wealthy, whose very wealth insulates them against the worst effects of the recession.  Not many bankers, newspaper editors, company CEOs or government ministers are suffering in any real sense.

Fighting the ‘Bailout’ – why a referendum is not the answer

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Approximately 300 people attended a meeting in the Gresham Hotel in early April which “endorsed the formation of a campaign, called "Enough!" to resist the IMF EU deal and to demand a referendum.”[i] At first thought it seems to be a campaign which should be enthusiastically supported by anarchists and libertarians.  After all we’re always going on about grassroots democracy and about involving people in decisions about things that affect them. And didn’t the people of Iceland have not one but two referenda on their ‘bailout’ in the last 13 months?  If they can have two, why shouldn’t we have at least one!

And Portugal Makes Three - looks for ECB\IMF bailout

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Yesterday the acting prime minister of Portugal finally threw in the towel and declared the need for an ECB\IMF rescue of the kind that Greece and Ireland already succumbed to last year. So Portugal becomes the third Eurozone country to be press-ganged into the Bailout Brigade.

At the time of Ireland's fall into the clutches of direct rule from Frankfurt, the common consensus was that Portugal would follow not long after. That it has taken until the beginning of April for the inevitable to happen is testament to the desperate struggle of the then Prime Minister José Sócrates to stave off this fate.

70 Billion Bank Bailout Most Expensive April Fool in History

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On the 1st of April 2011 the government got in on the April Fool's game early, by announcing yet another visit to the trough for the endless bailing out of the country's basket case banks to the tune of 70 billion euros. Anyone remember when Brian Lenihan swore on his life that 40 billion was definitely the last of it? My how we laughed...

EU leaders set to launch further attacks on wages & pensions

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The heads of government from around Europe are meeting today to agree a further program of attacks on the wages and conditions of workers across Europe in order to pay for the international capitalist crisis. In a process driven by the core economies of France and Germany under the title of a 'Competitiveness Pact' wages are to be 'restrained' and pension ages are to be raised across Europe.

The historical development of the global financial order under US hegemony

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This article tells the story of the historical development of the regime of global financial order under US hegemony. It begins by examining how the centre of capital accumulation shifted from Europe to the US in the first half of the twentieth century, and how following World War II the global financial order became centred around the US through the Bretton Woods system. It then looks at how the Bretton Woods System was undermined, concentrating as much on the role of workers militancy as on the role of the Eurodollars market. After considering the response to the crisis of Bretton Woods, it concludes by looking at the Clinton boom, bringing us up to the current situation of the US’s current heavy dependence on foreign borrowing

Dáil Vote will not give IMF/ECB deal political legitimacy – 1% Network Press Release

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The 1% Network has sharply criticised the government for claiming that a vote by Dáil Éireann to approve the IMF-ECB deal would give it ‘political legitimacy’.

Fianna Fail, EU and IMF protect the most vulnerable?!?

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The government recently published a draft memorandum that will give legal effect to the negotiations between the EU/IMF and Ireland (see here). Essentially the draft details, by quarter of each year, how the government intends to implement an incredibly far-reaching austerity program to help get us back on our feet.

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