Tag Archives: Recession

World Economy: The Coronavirus Recession Has Begun

By the International Executive of International Socialist Alternative (ISA- the socialist organisation to which the Socialist Party in Ireland is affiliated to)  The coronavirus pandemic has infected hundreds of thousands and taken the lives of thousands. Most scientific and medical experts warn that the situation is bound to get far worse, with millions likely to lose their lives globally. This ...

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Capitalist crisis means living standards are in the crosshairs

By Joe Higgins The Irish Fiscal Council is the capitalist establishment’s neoliberal watchdog over the general issue of Government income and expenditure in the domestic economy. One of its roles is to press for cuts in government spending if it feels the right-wing political parties in power come under strong pressure to spend extra funds in areas like the health ...

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