We are now in third year of the Bank Guarantee years,which is ruled by the Financial Aristocracy as Marx called them. However their highly paid servants work out of government buildings working overtime to make sure their masters do not take too much of a hit in their pockets. At the moment one of issues which seems to be taxing our Government is the issue of their correct titles to be used when dealing with the public,one wonders if they actually live on the same planet as the rest of society. This at a period of the deepest cuts this state has seen.
While they worry over such important issues unemployment continues to reach unprecedented levels, reprocessions at their highest,fear and poverty are staring so many in the face. Of course Fine Gael and their Labour Blue Shirts tell us their first priority is to create jobs, set the ship of state on a true course,while at the same time breaking every election promise made during their election campaign. Their excuse Merkozy will not allow them carry out promises made.The venality of politicians knows no bounds,anything for the Ministers salary and the Chauffeur driven car. So they follow the diktat of the German lower house of Government which studied the Irish Government budget proposals for next week, gave the go ahead for more depraved attacks on the living standards of working people.While the bankers and stock market sharks continue to feed off the most oppressed,for make no mistake it is poorest in our society, who are paying for their bad gambles.
With the crisis ever deeping in Euro-land and the prospect of having to go cap in hand to Europe for permission to spend a penny, it is not something the Irish capitalist class desires, but will kowtow too it, if it means preserving their wealth. Among some their is talk of losing our “Sovereignty”what are they talking about,the right to a postage stamp or run the tricolour up the flag pole. For this is all we have had since the U.K. pulled its troops out of the 26 counties.Under De valera this place was a basket case no matter what he tried, Connolly’s words would haunt him,that we are tied to England by a thousand financial strings and that it was not enough to just take down the butchers apron and run up the Tricolour. This Lemass knew and opened Ireland up to for business,knowing capitalism has no interest in nations only in greenbacks/dollars.
If Merkozy can resolve this crisis and in my opinion it is a huge ask almost impossible,however for Irish capitalism their will be no second thoughts ,they will be at the feet of Merkozy@ company. Old Dev must be turning in his grave. Of course there is an alternative set a flame to the stock markets of Europe with the stock market sharks on top.
Then let those who are paying such a heavy price take ownership of the store.
Italy has a new Government imposed on them thanks to Merkozy, Greece likewise, whose new leader was part of the circle which squandered away the wealth of Greek working people. Included in this new national unity government is a fascist party,(LOAS)the leader of which is known for hunting down leftists with hammer in hand. This government has also gone on a spending spree,buying tanks and other arms from the U.S. This Merkozy and company gave permission for,so much for having no money. America willingly advanced the credit.(This information comes from “nakedcapitalism blog”)
This while its people are pummeled into poverty.One can speculate, the army is last line of defense against a working class seething with anger at its impoverishment.All it takes is one loose cannon,you only have to look at the middle east to see how even dictators can loose control.It is somewhat harder in Europe where the capitalist class have more experience in dealing with rebellions at home and in their colonies. Plus they have the fig leaf of Democracy,as Trotsky said when a capitalist starts talking about democracy hang onto your wallet.Armed might is the final arbiter between classes. Spain also has a new government, the right-wing people’s party Franco’s old party. All these countries bonds are rising daily on the bond markets in particular Italy.With even Germany s bonds not selling and the interest rising.Last week the market sharks let Germany know who was in charge by not buying its bonds, If it goes the party is over for capitalism for a period,with massive dislocation for world politics,the consequences of which will take some time to materialize, enough to say it will not be pleasant for working people. It can be different if one of these bankrupt states is breached by a workers uprising,the future could be very different.
This was a year of revolutions even in Ireland.(Young Irelanders’) It was also the year of the great banking crash similar to the present. British banks crashed mass unemployment followed. In France barricades and revolution were on the streets against capital and Royalty. Marx wrote
“While the financial aristocracy made laws, controlled the state administration, exercised authority in all public institutions,and controlled public opinion by actual events and through the press, the same prostitution,the same blatant swindling, the same mania for self enrichment not from production but by sleight of hand with other people’s wealth was to be found in all spheres of society, from the Court Borgne.(disreputable bars/cafe) The same unbridled assertion of unhealthy and vicious appetites broke forth, appetites which were in permanent conflict with bourgeois law itself, and which were to be found particularly in the upper reaches of society, appetites in which the wealth created by financial gambles seeks its natural fulfillment, in which pleasure becomes crapuleux,(Debauched) in which money, filth and blood commingle. In the way it acquires wealth and enjoys it the financial aristocracy is nothing but the lumpen proletariat (De classed long-term unemployed) reborn at the pinnacle of bourgeois society.”
So things haven’t changed then.
This is not 1848 or for that matter 1917 capitalism is weak, yet strong because of the lack of an organized class resistance,or the resistance is weak,but in the heat of struggle everything is possible,the goal remains the same,workers rule.