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Ireland under austerity

Neoliberal crisis, neoliberal solutions

by Edited by Colin Coulter and Angela Nagle

Description

Once held up as a 'poster child' for untrammeled capitalist globalisation, the Irish Republic has more recently come to represent a cautionary tale for those tempted to tread the same neoliberal path. The crash in the world economy had especially grave repercussions for Ireland, and a series of austerity measures has seen the country endure what some consider the most substantial 'adjustment' ever experienced in a developed society during peacetime. In this collection of essays, a range of academics, economists and political commentators delineate the reactionary course that Ireland has followed since the ignominious demise of the Celtic Tiger. They argue that the forces of neoliberalism have employed the economic crisis they caused to advance policies that are in their own narrow interests, and that the host of regressive measures imposed since the onset of global recession has fundamentally restructured Irish society. The book provides a critical account of a society that has more often than most mapped out the pernicious cycle of boom and bust that remains an essential hallmark of contemporary capitalism.
Ireland under austerity

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Endorsements

Once held up as a 'poster child' for the benefits of untrammeled capitalist globalisation, the Irish Republic has more recently come to represent a cautionary tale for those tempted to tread the same neoliberal path. The crash in the world economy had especially grave repercussions for Ireland, as it only narrowly escaped bankruptcy by negotiating emergency loans at punitive rates from the IMF, EU and ECB. A series of austerity measures introduced by successive Irish governments and overseen by the institutions of global finance has seen the country endure what some consider the most substantial 'adjustment' ever experienced in a developed society during peacetime. In this collection of essays, a range of academics, activists and political commentators delineate the reactionary course that Ireland has followed since the ignominious demise of the Celtic Tiger. A central thread that runs through the book is that the forces of neoliberalism have employed the economic crisis they caused to advance policies that are in their own very narrow interests. The host of regressive measures imposed since the onset of global recession has fundamentally restructured Irish society and will continue to do so long after public anger recedes and the national humiliation of the 'bailout' fades from memory. Ireland Under Austerity provides a critical and engaging account of what has happened to a society that in recent years has, more than most, mapped out the pernicious cycle of boom and bust that remains an essential hallmark of contemporary capitalism. -

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Bibliographic Information

  • Publisher Manchester University Press
  • Publication Date July 2015
  • Orginal LanguageEnglish
  • ISBN/Identifier 9780719091995
  • Publication Country or regionUnited Kingdom
  • FormatPaperback
  • Primary Price 29.95 GBP
  • Pages312
  • ReadershipProfessional and scholarly
  • Publish StatusPublished
  • Dimensions234x156 mm
  • IllustrationTables, black & white|Graphs
  • Reference CodeIPR2284

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