Tag Archives: Inequality

It doesn’t have to be like this

By any reasonable standards capitalism in the 21st century is a disaster. Poverty, war and environmental destruction – all stemming from the profit system – as isolated issues would be testament to that fact, but the combination is lethal.

Read More »

Capitalism: A future of austerity & stagnation

“MORE THAN five years after the onset of the financial and economic crisis the world economy is still weak, with growth in most key regions remaining below pre-crisis levels. Unemployment rates in the OECD remain high and productive capacity in the region has deteriorated.” - OECD report

Read More »

Review: Capital in the Twenty-First Century – Thomas Picketty

The serious strategists of capitalism vaguely recognise that the future of capitalism is threatened by growing inequality. When the head of the IMF and the governor of the Bank of England join in the chorus demanding 'something should be done' or 'stability' will be threatened, it is clear that fear of strikes, revolt and revolution is growing among society's elite.

Read More »

Ireland’s inequality increases

New figures released for 2013 highlight how Ireland is a country of widening inequality, with a massive divide growing between the super-rich elite and big business on the one hand and the majority of the population subjected to brutal austerity on the other.

Read More »