Views from Above and Below Ireland is at a crossroads, indeed it is in crisis. But the cause of the crisis is not some external agency or force. The cause of the crisis is within. There are two ways of looking at Ireland’s economic fortunes. There is a view from the top and a view… Read more »

Deborah Burton and Dr Ho-Chih Lin Deborah Burton is one of the co-founders of Tipping Point North South, a non-profit set up by former debt, trade and tax justice campaigners to work across both the creative and NGO sectors through campaigns, events and cinema documentary production. She leads on Tipping Point North South’s primary policy/advocacy… Read more »

by Daniel Graff and Clemens Sedmak Prof. Dan Graff is professor of practice in the Department of History and director of the Higgins Labor Program of the Center for Social Concerns at University of Notre Dame. He is the recipient of Notre Dame’s 2023 Rev. William A. Toohey, C.S.C., Award for Social Justice and won… Read more »

Ireland spends just 0.2% of its GDP on childcare each year, investing the smallest percentage of its GDP in early years of any developed country, and with the greatest reliance on private services. The average spend across Europe is four times as high. When it comes to old age spending, Ireland also sits at the bottom of the league table at 3.4%.

Global threats to human security and safety require a global response. On 17 December 2018, the UN General Assembly affirmed the Global Compact on Refugees (GCR).[16] The main objectives of the GCR are to: ease pressures on countries that welcome and host refugees; build self-reliance of refugees; expand access to resettlement in third countries; and support conditions in countries of origin for safe return. Undoubtedly, the GCR has admirable goals and a vision to effect positive change for refugees and forcibly displaced persons worldwide. However, the challenge is to ensure the high-level commitments translate into actions that address the needs on the ground and impact positively on the lives of forced migrants and their families.

As the UN High Commissioner for Refugees (UNHCR) has recorded, between 1990 and 2010 there was a fairly consistent level of global forced displacement of between 30-50 million people per annum. However, the past 10 years have seen a significant increase in all forms of forced displacement, defined by UNHCR as displacement resulting from “persecution, conflict, violence, human rights violations or events seriously disturbing public order.”

The central idea of MMT is that countries that issue their own currency are not financially constrained. This is because a government in control of its currency can simply ‘print’ new money to finance its spending. In today’s world, printing money does not mean opening up the printing presses, but rather is about creating money electronically at the click of a mouse. In its purest form, the central bank simply credits or increases the bank account of the government, which is then free to spend.

Theology turns out to have something significant to say to our young student and to society more widely. It can help us discover that there are ways to get at the injustice of an indebted society that predate Marx and his many descendants.

Debt creates an interdependent relationship between the creditor and the debtor, until the alienation of the latter from the former. Like an addiction, it can lead to alienation from one’s own body.

It is not only when debt is contracted that the ethical dimension is involved, it is throughout the repayment process. The debtor and the lender are not equal. It is not, as we say in economics, a zero sum game. The creditor expects his money to be profitable and to earn interest.

Debt is where dreams go to die. We put aside ‘unnecessary’ things like our hopes of becoming an artist or musician. There are monthly repayments to be made, and so we need to work, and work, until (if we are fortunate) we can retire and enjoy a few years of glorious unproductivity before death.

As the community and voluntary sector is increasingly shaped by the need to constantly generate evidence of outcomes, practitioners can become attuned to the expectation of the “knowledge” which should be produced.

Jubilee Caribbean (JCaribbean) is a newly formed non-governmental organisation, born out of the bigger Jubilee Campaigns from the turn of the millennium – Drop the Debt, Jubilee 2000 and Jubilee Debt Campaign – based in Grenada, but hoping to reach out to the wider English-speaking Caribbean islands. Due to our debt situation here, in the… Read more »

In the early 1990s, Professor Anthony Clare addressed a Dublin conference audience of some 300 people. It was an inspiring address and among the words that resonated were the following: “‘The elderly’ are not ‘them, out there’; ‘the elderly’ are us, writ large writ later.” Pithy and fundamentally true, it is a good starting point… Read more »

People are notoriously bad at assessing risk – we instinctively overestimate the likelihood of very scary events and underestimate the likelihood of familiar hazards. When this is combined with the power of gradual change, we end up collectively accepting situations that we would never rationally choose. The motorcar is the classic example: if we could… Read more »

Speeding Towards a New City There’s an old quip attributed to Henry Ford that no one was looking for the car to be invented; they just wanted faster horses. Even that is not true. What city-dwellers in the late 1800s had a problem with was manure. One early urban planner predicted that the biological waste… Read more »

David McIlroy INTRODUCTION Economic crime is a defining vice of the neoliberal age. In every direction, the poor, the weak and the vulnerable are being ripped off. The scams take several different forms. Some people are conned when they buy products and services which they want, but which carry conditions exposing them to hidden and… Read more »

An interview with literature scholar Marie Mianowski Economic analysis has no monopoly on how to examine economic history. The death of the Celtic Tiger is a phenomenon that can be represented in graphs, in tables, in charts, and also in prose. Irish novelists have taken to the page to account for what life was like on… Read more »

Henry Silke Dr Henry Silke serves as Lecturer in Journalism at the University of Limerick’s School of English, Irish and Communication and directs the school’s MA and Graduate Diploma in Journalism. Ten years on from the property and banking crash many of the same issues still set the news agenda. Property continues to make the… Read more »

Cian O’Callaghan Cian O’Callaghan is Assistant Professor of Geography at Trinity College Dublin. His recent research, which was funded by the IRC, has concerned the impacts of Ireland’s property bubble and associated crisis, with a particular focus on housing. What your sandwich says about you In a well-known advert for Bank of Ireland, a young… Read more »

James Doorley Introduction On the day of his election as An Taoiseach (June 14th 2017), Leo Varadkar T.D. spoke about creating a ‘republic of opportunity’.1 Although an admirable vision for the country, the evidence suggests that Irish society has a long way to go to make such noble ambitions a reality, particularly for unemployed young… Read more »

Introduction Justice in the Global Economy is a concise account of the crisis which humanity is currently facing: ‘We are faced not with two separate crises, one environmental and the other social, but rather with one complex crisis which is both social and environmental’ (Laudato Si’, § 139). Of particular interest is the recommendation that… Read more »

Introduction There is obvious disenchantment among Europeans with ‘Project Europe’. This is largely due to a feeling that the social dimension of the project is being sacrificed in the interests of the economic dimension, while at the same time the supposed benefits of ‘free and undistorted’ competition are not forthcoming. No doubt, this is a… Read more »

Introduction In Part One of this article,1 I discussed some of the core features of the currently dominant economic model and the part they played in bringing about our prolonged economic crisis. In particular, I raised questions regarding the overarching role accorded to ‘the market’ and the increase in the size and reach of the… Read more »

Since the 1990s, the concept of ‘social enterprise’ has gained momentum throughout Europe as a mechanism of addressing unmet community needs,1 providing employment, and stimulating local economic activity. Social enterprises have their origins in the co-operative and self-help sectors, and often strive to ensure local communities have a degree of economic self-determination. Social enterprises are… Read more »