The EU is being run by corporate power at the expensive of its citzens
Repairing the wounds of two world wars that had devastated Europe, it created co-operation between formerly hostile states, leading to decades of peace and prosperity, social and political stability and the unprecedented mingling of cultures and populations.
Since 1973, Ireland has reaped enormous benefits, financially, economically and socially, from EEC/EU membership.
Core to the success of ‘the European project’ were the principles of social democracy, which married social justice with market distribution, to underpin social protections, employment rights, equality and solidarity.
Since the 1970s, the international regulations that limited the powers of corporate finance have come increasingly under attack by private interests.
This has led to the silent and insidious hijacking of democratic political processes by unaccountable corporate power.
The EU is no longer run by politicians for the people, but by banks for profit, at the expense of the people.
It is striking that no punitive ‘lessons’ were applied to the banking system that bankrupted the Western world in 2008.
On the contrary, the bankers’ hands have been strengthened. We are all now compelled to continue paying the debts that they criminally incurred.
A so-called economic system that promotes the power and influence of the wealthy over ordinary people, so that our savings, pensions and investments become fodder for their profligate gambling in the so-called markets, has impoverished the many for the enrichment of the few. Greece has been badly burnt by this rigged system and has called a halt to the whole charade.
The financial house of cards that has replaced the vision of a genuine European economic community was destined to eventually collapse, one way or another.
It would appear that that day is now upon us.
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