In many ways Ireland has been a test bed for the working out of the crisis of modern capitalism. In the guise of the Celtic Tiger it was the most exuberant and uncontrolled of the neoliberal models. After the crash it was the model of savage austerity coupled with appeasement of the banks. Now, quietly, on Black Thursday, 30thSeptember, it has become the first economy where capitalist strategy hit the rocks and left Ireland and Europe facing into the abyss.

The inner mechanisms of the crisis, the incapacity of the Irish gombeen capitalists, the capitulation of the union bureaucracy are all subject to a Marxist analysis in "Ireland's Credit Crunch". The book, by Keating, Morrison and Corrigan, is priced at £6/€8 and is available to order from this site or from Resistance Books.