Five years into an austerity program that is only working to make the rich richer, most of us are very unhappy about the lack of resistance from the unions. During the Croke Park campaign the SIPTU National Executive Council released a statement that included: "There is, of course, a wider issue of fairness in the Country as a whole because the wealthy are not contributing to the degree that they can or should. This is a consequence of the political choices made by the voters at election time.”

This is a write-up of my talk at the 2012 London Anarchist bookfair on Anarchist Economics. I was part of a panel which was inspired by the recent AK Press book The Accumulation of Freedom (to which I provided a chapter on Proudhon). It does not cover everything and the other panellists made points I should have included – as such economics not being separate from society in a free society (nor, for that matter, would the analysis of how goods are produced – although that is, I think, implicit in my talk). Suffice to say, on the day I did not quite manage to cover everything I wanted and so this write up reflects my hopes rather than exactly the reality!

€1,600 billion.  That is the figure for Irish Oil & Gas reserves already licensed revealed this morning in a detailed report from Shell to Sea using the energy corporations own reports and estimates.  People in Ireland will see almost no benefits from this incredible wealth because the Irish state gives these reserves to the corporations at the cheapest terms in the world.

With votes still being counted it has become clear that the largest block of potential voters refused to take part in the fiscal compact referendum, rejecting the arguments that they could either vote for 'stability' or against 'austerity'. Quite possibly more people chose to boycott the referendum then the combined Yes and No voters. On top of this some 17% of the population who live and pay tax in Ireland were excluded from voting at all in the referendum. This means as many as 2/3 of the adult population did not vote in the referendum. [Italian translation of this article]