AGAINST THE background of the developing crisis in the Irish economy, the Labour Party continues to posture as a party that fights in the interests of working people. At its recent national Conference, Party Leader Eamon Gilmore several times referred to "crony capitalism" which had brought the country to the "edge of disaster". He demanded an economy "where economic activity is primarily to serve the needs of people and where people are no longer slaves of the market".
The Labour Party now feels comfortable in naming capitalism and the market as responsible for the crisis because this is commonly referred to in the Irish and international media. However just as in that same media establishment, there is no question of the Labour Party identifying socialism as the solution to this crisis. In fact the Labour Party supports the same capitalist market but merely wants it a bit more regulated.
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