Upcoming Events

Cork | Anti-Capitalism

no events match your query!

User Preferences

  • Language - en | ga
  • text size >>
  • make this your indymedia front page make this your indymedia front page

Blog Feeds

Spirit of Contradiction

offsite link Review: Do Religions Evolve? Mon Aug 14, 2017 19:54 | Dara McHugh

offsite link Fake News: The Epistemology of Media Wed Jun 07, 2017 11:52 | Gavin Mendel-Gleason

offsite link Officials and Provisionals Sat Apr 01, 2017 22:54 | James O'Brien

offsite link Interview with Cathal Goulding Mon Dec 26, 2016 17:11 | Cathal Goulding

offsite link Trump, Russia and the CIA Sat Dec 10, 2016 18:23 | Gavin Mendel-Gleason

Spirit of Contradiction >>

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link Garda corruption: the stripped down truth

offsite link Will Pat Hickey turn up for his trial? Anthony

offsite link Garda breath tests letter Anthony

offsite link Daniel McConnell: Happy to wear establishment blinkers Anthony

offsite link State failing in its duty to enforce law Anthony

Public Inquiry >>

The Saker
A bird's eye view of the vineyard

offsite link Kevin Barrett interviews the Saker for Truth Jihad Radio Thu Sep 21, 2017 23:24 | The Saker
This Wednesday I was interviewed by Kevin Barrett.  It was a very good conversation.  Check it out on this page: https://www.patreon.com/posts/14478726 or simply click here https://s3-us-west-1.amazonaws.com/pa... or you can download

offsite link Russian SOF incinerated the US SOF in Idlib Thu Sep 21, 2017 21:15 | Scott
by Scott Humor   Still only few details are available about the September 20th  morning attack of combined Al-Nusra, which is Israel, and  the US Special Forces to capture a

offsite link Syrian War Report ? September 21, 2017: Al-Qaeda Failure In Northern Hama Thu Sep 21, 2017 20:56 | Scott
https://southfront.org/syrian-war-rep...     If you?re able, and if you like our content and approach, please support the project. Our work wouldn?t be possible without your help: PayPal: southfront@list.ru or via: http://southfront.org/donate/ or via: https://www.patreon.com/southfront Voiceover

offsite link Russian special forces repel a US-planned attack in Syria, denounce the USA and issue a stark warnin... Thu Sep 21, 2017 16:29 | The Saker
Something rather unprecedented just happened in Syria: US backed “good terrorist” forces attempted a surprise attack against Syrian government forces stationed to the north and northeast of the city of

offsite link Visa Vagarities ? visiting Russia Thu Sep 21, 2017 05:02 | Scott
by Geneva Observer   Unfortunately I am not one of the lucky few whose mother dropped them on a favored part of the planet blessed with visa free travel to

The Saker >>

Human Rights in Ireland
www.humanrights.ie

offsite link Replace v Repeal and the Politics of Legal Certainty Thu Sep 21, 2017 10:57 | Máiréad Enright

offsite link Ireland?s violation of International Abortion rights: A perpetual Déjà vu. Sat Jul 29, 2017 18:49 | admin

offsite link Call for Papers: Irish Yearbook of International Law Thu Jul 20, 2017 10:54 | Fiona de Londras

offsite link Understanding the Increases in Direct Provision Allowance for Asylum Seekers Mon Jul 17, 2017 11:31 | Liam Thornton

offsite link Ireland?s Failing Abortion Law: Statutory Interpretation, Human Rights and the Detention of Pregnant... Tue Jun 13, 2017 17:08 | admin

Human Rights in Ireland >>

Cork - Event Notice
Wednesday October 23 2013
08:00 PM

"The Failure of Irish Capitalism"

category cork | anti-capitalism | event notice author Tuesday October 22, 2013 21:43author by Ned Ludd Report this post to the editors

Public Meeting and Book Launch of "Austerity Ireland"

Academics Kieran Allen and Brian O'Boyle,have written a new book to offer a critique of current economic policies.

The book, which is entitled Austerity Ireland, is based on detailed factual evidence to show that austerity policies have failed.

Kieran Allen, a sociologist who works in UCD, said, 'Figures show that the wealthy have effectively gone on an investment strike. A mere €16 billion is being invested in Ireland compared to €46 billion in 2007. This is unsustainable and means that unemployment and emigration will continue for some time'.

'Ireland is being re-configured as an Atlantic tax haven. Giant companies are increasingly locating in Ireland to get a base to cover their tax dodging activities and providing few jobs. Only 7 percent of the labour force now work for foreign multi-national companies'.

'One reason why the government rejects any small tax on financial speculation – as proposed by the EU commission itself – is that we have become a major centre for 'tax planning by big corporations'.

Come to a public meeting, discussion and launch of the book at

Isaac's Hotel
MacCurtain Street,
Cork

Wed 23 Oct 2013
@8 pm

All Welcome!

presented in association with SWP Cork

author by Devil's Advocate - Justicepublication date Sun Oct 27, 2013 16:31Report this post to the editors

Kieran Allen, a sociologist who works in UCD, said, 'Figures show that the wealthy have effectively gone on an investment strike. A mere €16 billion is being invested in Ireland compared to €46 billion in 2007. This is unsustainable and means that unemployment and emigration will continue for some time'.

£46 billion invested in Ireland in 2007 but a meagre £16 billion now. I am not surprised. Holding money in Ireland is a hazard to health and anxiety levels with the paper trail that is haunting our pensioners, our baby boomers now retired and people with disabilities who have received financial settlements from the courts or other sources. Why? Try opening a bank account in one of our State owned banks or for that matter in Bank of Ireland which still has the dregs of once worthwhile shares. Evidence is the order of the day now. They need a utility bill address, they need passport copies but witnessed by solicitors (beware the many defunct solicitors now advisers to Debt Options and others), or for that matter bankers with their stamp). Try adding a name to your account at the Post Office and again it is a data mining exercise with the bureaucracy to go with it.

Then for those who may have held shares in publicly quoted companies ie Stock Exchange, through their lives, the surprise post these days is a letter from the stockbrokers with the intimidating inference that their funds invested in stocks and shares have links with money laundering and they must by a certain date provide evidence of who they are basically and in line with what the banks are requesting to open new accounts. For those people who want to hold a sterling account in Ireland yielding no interest, just a preference in currency - this is the real hurdle. The advice received from an AIB staff member was to get on a bus and go North and choose an English bank. Try to proceed with the argument that you don't want to desert that sinking ship called Ireland Inc and you will find that it may take up to 2 months and lots of bureaucratic nonsense to open a Sterling account, which in the days of Central Bank control, was a whole lot easier.

Are we getting the message why people are no longer choosing to hold funds in Ireland? We are creating a bureaucracy equivalent to what you find if you are working as an ex-pat in Zimbabwe receiving local currency and bound by their Reserve Bank rules. A pure hell hole for those who have the money to invest. What can we learn from this: we learn that people will seek out simplicity - hence the black economy appears to be thriving in Ireland as it still governs Zimbabwe.

Kieran I hope in your book you have looked at the Ireland Inc that has welcomed so many migrants to its shores. Ireland Inc was many times before a nation of emigrants but the difference this time is that our people are unlikely to be remitting money home (because why would they send back money when they left properties in negative equity). T real he scary part is that there are others (un-checked by Government or Central Banks) busy remitting vast sums of money 'home'. Check out the OECD figures which revealed that Nigerian migrants to Ireland remitted 500€ million (this is half a billion) back to Nigeria in 2012. Where is the common sense? Western Union and others facilitating the flow outwards, it must be considerable if the OECD report that 500 € million was sent to Nigeria alone in 2012.

Austerity is killing Ireland Inc.

Ireland is a small open economy that must sell her wares and the truth is the message has not got through yet. We are not watching the pennies.......Remittances are leakages from our boat and we are sinking fast.

Devil's Advocate

 
© 2001-2017 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy