Log in

View Full Version : Ireland is a neo-feudalist economy



howblackisyourflag
28th April 2010, 00:35
Ireland is going back to feudalism, 20% of our working lives for the next 10 years will now be to bail out the banks.

Really though, take a look: (Irish Times link)


After a century and a half of struggle, we’ve landed ourselves back in the same position of feudal servitude, writes FINTAN O'TOOLE
A QUESTION haunts me because I can think of no good answer: why should anyone who has a choice continue to live in Ireland? This is not an abstract thought experiment. I have two sons in their early 20s. I am trying to find one compelling reason for them to stay here.
In the 1980s, the mark of the degradation of Ireland under Charles Haughey was that Irish passports were for sale to non-citizens. Now we have come up with something worse: citizens have to pay too. To belong to this State, we have to pay what is in effect a Seanie and Fingers Tax (SFT). Our ancestors had their rents raised when their absentee landlords lost fortunes at the gambling tables of London or Paris. After a century and a half of struggle, we’ve landed ourselves back in precisely the same position of feudal servitude.
Let’s take some admittedly very crude figures sketched by Nat O’Connor on the progressive-economy.ie blog. There are 1.9 million people at work in the Irish economy. Their average earnings last year were €36,300. After tax, that’s €29,500 each. From this, each one will stump up an average of €4,600 just to pay the interest on the money the State is borrowing to fund the bank bailout.
Or, to put it another way, everyone lucky enough to have a job in Ireland over the next 10 years will be working most of one day a week to pay for Seanie, Fingers and the lads. It is no exaggeration to call this feudal. Medieval lords exacted food and money from their vassals. They called it “coign and livery”. We call it “Nama and recapitalisation”. Why would anyone who can do otherwise choose to donate about five or six hours of free labour every week for 10 years to the banks? In all of this, the humiliation is actually worse than the money. The financial cost is, admittedly, hideous. Let’s just consider the €2 billion a year we’ll be stumping up for the zombie institutions, Anglo Irish and Nationwide.
The exchequer (perhaps optimistically) expects to take in €11.5 billion in income taxes this year. So, more than one euro in every six we pay in income tax will go to fund institutions that will probably never put another cent into the Irish economy.
Every year until at least 2021, we will be putting €500 million more into Anglo and Nationwide than into the Department of the Environment’s capital budget. (At least John Gormley will be able to say that the Government is spending unprecedented sums on sewage systems.)
The social and economic costs of this are devastating, especially when you think of what else we could do with the money. For the annual €2 billion we’re putting into Anglo and Nationwide, we could almost double what the State spends on mental health services and disability services.
We could almost quadruple spending on children and families. For just two years of the SFT, we could build a national high-speed broadband network, putting people to work in the process and greatly improving our economic competitiveness.
So, yes, the financial side of the SFT is sickening. But the humiliation is worse. The idea that, year-in, year-out, we will be working to pay off the gambling debts of our absentee landlords, turns us from citizens to serfs. It cuts to the heart of the meaning of a democratic community – the sense of mutual obligation. Now, all the obligations are one way. We can no longer even pay lip service to social justice. The most rank and brazen injustice is written into every clause of our new social contract.
Humiliation is the most corrosive of emotions. It destroys self-respect. It generates the sense of absolute powerlessness that is every bit as corrupting as absolute power. It festers and sours. It turns both inwards on itself and outwards on to those who are even weaker than ourselves. It took us a century to overcome our sense of national humiliation and a little over a decade to give it back.
It is humiliating to have to work most of a day a week for scroungers and scoundrels. It is humiliating that Brian Cowen, who bears as much personal responsibility for this disaster as anyone else, is still Taoiseach. And it is humiliating that, collectively, we seem incapable of anything beyond impotent rage.
The national strategy is to breed servility back into Irish bones. We are instructing our young people to relearn the ways of their ancestors and to tug the forelock as they clean up the mess left by the Masther, God bless him. Why would they want to do that? Why would they choose, if they are fortunate enough to get work here, to hand over a substantial chunk of what they earn to pay for a profligacy in which they had no part? Much as I want my sons to stay here, I’d be ashamed of them if they did not utter the cry of James Joyce a century ago: non serviam , I will not serve.
Also, my first post here, hello! Although Ive been lurking for a while. Good forum, but do you have to fight each other so much? :p Fight the real enemy.:D

howblackisyourflag
28th April 2010, 00:38
Im getting in the mood for some direct action. Who's with me?

IrishWorker
28th April 2010, 00:43
Im getting in the mood for some direct action. Who's with me?

Where an when comrade?

howblackisyourflag
28th April 2010, 00:46
Where an when comrade?

How about Anglo Irish Bank?

Eirigi done a good job a few days ago but they cant be expected to do it every day.

There should be a different gang of us disrupting that bank every day.

IrishWorker
28th April 2010, 00:54
How about Anglo Irish Bank?

Eirigi done a good job a few days ago but they cant be expected to do it every day.

There should be a different gang of us disrupting that bank every day.

To succeed anymore activism will need to be done by a broadfront of the entire Irish revolutionary left individual party's or people will only go so far.

howblackisyourflag
28th April 2010, 01:02
To succeed anymore activism will need to be done by a broadfront of the entire Irish revolutionary left individual party's or people will only go so far.

Not saying I disagree, but just for the sake of getting things done, I think if there was constantly people down there trying to disrupt things and showing resistance, it would make a big difference.

Although a unified message from many groups would also help greatly, but most people already want the same thing on this, they just want the bailouts to stop.

Im prepared to go to jail at this stage for acts of civil disobedience, (Im not talking about violence), because Im just getting so tired of this shit, its time to start setting an example.

We Shall Rise Again
28th April 2010, 01:12
éirígí response to the above article:

I will not serve” – Break the connection with capitalism
19/04/10
In his Irish Times article of April 6, entitled Bailout has turned us from citizens into serfs, Fintan O’Toole decries both NAMA and the bank recapitalisation scheme as measures that signal a return to conditions of feudal servitude for working people.
In the article, O’Toole correctly exposes the details and repercussions of the epic case of legalised robbery of a population that these measures represent. For example, he states how every worker in the Twenty-Six Counties will now annually have to “stump up an average of €4,600 just to pay the interest on the money the State is borrowing to fund the bank bailout”, and how, with the “annual €2 billion we’re putting into Anglo and Nationwide, we could almost double what the State spends on mental health services and disability services”.
Where O’Toole makes a fundamental error is in his failure to acknowledge and explain to his readership that the NAMA/bank bailout heist is nothing other than an extension and continuation, albeit in a more naked fashion and on a far more grandiose scale, of the politically facilitated, exploitative relationship between people and profits that exists at the very heart of the capitalist system.
Resorting as he does to comparing the mechanisms of capitalism in 21st century Ireland to the feudal economic and financial practices of over a century ago not only leaves him open to ridicule and accusations of economic illiteracy – it is also, it could be argued, a case of O’Toole neatly avoiding having to arrive at the logical conclusion that the fundamental underlying problem in all of this is to be found in the very nature of the capitalist system itself.
The real difficulty with the analysis proffered by liberal, mainstream journalists like Fintan O’Toole is that they have the uncanny, recurring and ultimately fatally flawed habit of misunderstanding the fundamental nature of the problem. In invoking the spectre of feudalism as an analogy with which to explain what is currently happening in the financial system, O’Toole misses the point completely – what is happening now is simply that which always happens during periods of capitalist crisis.
The only difference between now and all other preceding periods of crisis is the scale of the economic collapse and the subsequent ‘adjustment’ required to restore market ‘confidence’ in the banking system and wider economy, which is what all current government economic and financial initiatives are all about. It is in this context that the nature, scale and social consequences of the €100,000,000,000 [£88 billion] NAMA and bank bailout need to be seen and understood.
When O’Toole states that workers will now be required to “donate about five or six hours of free labour every week for 10 years to the banks” – (couching this ‘exchange’ as he does in terms of the classic feudal serf/lord labour relationship) – he essentially fails to acknowledge that this practice is, in fact, what happens in the relationship between workers and capitalists under the ‘normal’ rules of capitalism; working people are, and always have been, exploited in the course of the working day. They are exploited as standard and it is the duty of governments in capitalist countries to facilitate this.
The greater the need for working people to be further exploited in the interest of re-establishing ‘market confidence’ (i.e. profit margins), the greater the role that government plays in that regard. In this regard, James Connolly correctly identified the nature of the relationship between government and capital when he declared how “the modern state is but a committee of rich men administering public affairs in the interest of the upper class”.
This is what O’Toole really should be telling his audience directly, without the need for recourse to anachronistic feudal analogies. If he understood the mechanisms that are integral to the way that capitalism functions, (and one wonders why he doesn’t, if that is indeed the case), he would realise that workers have always, as he would term it, ‘donated’ ‘free’ labour to serve the interests of those who are economically and politically dominant in this society. It has ever been thus under a system that functions according to capitalist relations of production.
O’Toole concludes his article with a frank assertion as to the shame he would feel towards his two young adult sons “if they did not utter the cry of James Joyce a century ago: non serviam, I will not serve” in the face of the financial demands that the Dublin government will now make of them and the rest of the population in the Twenty-Six Counties by way of completing the ‘business cycle’ and restoring the economy to a state of profitable ‘growth’.
It behoves all those who profess to believe in a more just and stable socio-economic system to realise, once and for all, that the only way to avoid the state of financial enslavement, servitude and indebtedness that the NAMA/bank bailout scheme represents, is to realise, that we must break the connection with capitalism, once and for all. There is no other explanation. There is no other way.

Raúl Duke
28th April 2010, 01:24
I have a feeling I've seen a thread (or at least a post) where someone made this ridiculous claim about neo-feudalism before...

Although it's not the same as that previous thing (in the last one I think someone seriously said that Ireland {or was it some other place?} was neo-feudal in a structural sense)

But yes, this is the nature of capitalism in many places where there's been a bailout. The people will be expected to pay for the rich.

howblackisyourflag
28th April 2010, 01:40
I have a feeling I've seen a thread (or at least a post) where someone made this ridiculous claim about neo-feudalism before...

Although it's not the same as that previous thing (in the last one I think someone seriously said that Ireland {or was it some other place?} was neo-feudal in a structural sense)

But yes, this is the nature of capitalism in many places where there's been a bailout. The people will be expected to pay for the rich.


I agree that all capitalism could be called a form of feudalism, but the nature of these bailouts is just such blatant theft I think its an appropriate way of phrasing it.

Palingenisis
28th April 2010, 04:21
Ireland is not a fuedal society of any type.

The left needs to stop being drama queens.