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The Inexorable Rise of the Wealthy Class
With the great and the good meeting in Davos, it is worthwhile taking a look at how the top 1 percent is doing, courtesy of a wonderful website – The World Top Incomes Database. I can’t do justice to...
View ArticleFrom Alpha to Omega Podcast: #048 Whither Underconsumptionism?
This week we have the second part of our interview with Professor Andrew Kliman. We continue our discussion about his latest book - ‘The Failure of Capitalist Production’ - and in particular focus on...
View ArticleSpatial Justice and the Irish Crisis
Book Review: Spatial Justice and the Irish Crisis, eds: Gerry Kearns, David Meredith, and John Morrissey, Royal Irish Academy (2014) The new book Spatial Justice and the Irish Crisis, edited by Gerry...
View ArticleThe Government U-turns itself into a Home Tax
Let’s recap. The Government has been forced to: Stop Irish Water’s access to PPS numbers Provide certainty to household payments Reverse the sanction of reducing water flow to a trickle for non-payers...
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The Very Real Cost of Rising Inequality
Inequality is one of those concepts that for many people remain somewhat abstract and amorphous. There are few that are against equality, but it has difficult gaining traction in the popular debate....
View ArticleReturning to the Business of Bonuses
When everything came crashing down there was considerable discussion of the ‘bonus culture’; primarily but not exclusively in the finance sector. Bonuses were tied to outputs that, while rewarding the...
View ArticleWe Are Not a Cost
If anyone is uncertain about the power relationship between employees and employers, I suggest they look to the Dunnes Stores dispute and the closure of Clerys. These encapsulate the massive imbalance...
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Growing the Economy the Robin Hood Way
Who said the following? ‘ . . . if the income share of the top 20 percent (the rich) increases, then GDP growth actually declines over the medium term, suggesting that the benefits do not trickle down....
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Renua’s Carnival Ride Back to Boom-and-Bust
The silly season usually refers to August. Now we have the silliest of seasons –the run-up to a budget in the run-up to a general election. Minister Richard Bruton has recently called for a low flat...
View ArticleWealth Report
Researchers with the Swiss bank Credit Suisse have just published their latest annual global wealth report, Global Wealth Report 2015. The United States, the report informs us, currently has more than...
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