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In this important book, historians, lawyers, economists and writers come together to put a coherent case: that although the Irish economic collapse has resulted in national humiliation, renewed emigration and a decline in living standards for the majority of the population, there is still hope that the country can be reformed and renewed.Irish politicians offered the now notorious blanket guarantee to all the banks which had got in over their heads during the great property bubble - including one that had become little more than a criminal enterprise. A different set of politicians grimly enforces the consequences of that guarantee, locking an entire generation of Irish men and women into paying for the mistakes of greedy bankers and their corrupt friends in government.The energy of hope has to come from elsewhere. These essays demonstrate how simple measures and different economic and social policies could release that energy and fulfil the promise of an educated, literate and culturally vibrant people.
A year in the troubled British Isles, leading up to the aftermath of Brexit (or not, as it may prove).
A book about the delusions of Brexit, the threat it poses to economic prosperity, peace in Ireland and the tradition of British democracy.
The Irish Times literary editor Fintan O'Toole selects 100 objects to narrate a history of Ireland.
The Republic of Ireland, which declared itself in 1949, allowed the Catholic Church to dominate its civil society and education system. Investment by American and European companies, and a welcoming tax regime, created the 'Celtic Tiger' of the 1990s. That brief burst of good fortune was destroyed by a corrupt political class which encouraged a wild property boom, leaving the country almost bankrupt. What Ireland needs now is a programme of real change. It needs to become a fully modern republic in fact as well as name. This disastrous economic collapse also allows us to think through the kind of multiculturalism that Ireland needs, and to build institutions that can accommodate the sudden influx of migrants who have come to Ireland in the past 15 years. The State should take over the entire education system, for which it pays already, and make it fit for the 21st century. The political system is dysfunctional and is one of the main causes of the debacle we have just experienced. Ireland needs constitutional reform. Politicians have been let get away with murder, and there is a fatalistic sense that nothing can change. The country needs to encourage participation in, and oversight and knowledge of politics, to make people feel that they have a right to challenge the old party machines and to make a difference. It is their country, after all.
Between 1995 and 2007, the Republic of Ireland was the worldwide model of successful adaptation to economic globalisation. The success story was phenomenal: a doubling of the workforce; a massive growth in exports; a GDP that was substantially above the EU average. Ireland became the world's largest exporter of software and manufactured the world's supply of Viagra. The factors that made it possible for Ireland to become prosperous - progressive social change, solidarity, major State investment in education, and the critical role of the EU - were largely ignored as too sharply at odds with the dominant free market ideology. The Irish boom was shaped instead into a simplistic moral tale of the little country that discovered low taxes and small government and prospered as a result. There were two big problems. Ireland acquired a hyper-capitalist economy on the back of a corrupt, dysfunctional political system. And the business class saw the influx of wealth as an opportunity to make money out of property. Aided by corrupt planning and funded by poorly regulated banks, an unsustainable property-led boom gradually consumed the Celtic Tiger.This is, as Fintan O'Toole writes, 'a good old-fashioned jeremiad about the bastards who got us into this mess'. It is an entertaining, passionate story of one of the most ignominious economic reversals in recent history.
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