Ireland, Europe and the Global Crisis
For Ireland – along with Spain, Portugal and Greece – membership of ‘Europe’ was seen as an opportunity to escape their historical legacy of ‘underdevelopment’ and become fully integrated into core positions in the global system. Each of these states, and especially Ireland experienced significant growth in the European Union but once the global financial crisis struck, they suffered a deep economic and social crisis, and came to be categorised once again as ‘peripheral’ to Europe. This acute recurrence of a core-periphery divide in the European Union has been accompanied by a rapid diminution of democracy in the EU and its transformation into an increasingly coercive formation. The deprivation programmes imposed by the EU on the peripheral societies has not only damaged growth in the European economy, they have hugely diminished the legitimacy of the European integration project. The essay explores the roots of Europe’s changing power structures and assesses the implications of the Eurozone crisis for the future of the European integration project.
Allen, Kieran. 2012. “The Model Pupil who Failed the Test: Social Policy in the Irish Crisis”, Critical Social Policy, 32:422
Anderson, Perry. 2011. The New Old World, London: Verso
Giovanni Arrighi, ed. 1985. Semiperipheral Development: The Politics of Southern Europe in the Twentieth Century. Beverly Hills: Sage, l985, 3l 39.
Arrighi, Giovanni & Jessica Drangel. 1986. “The Stratification of the World Economy: An exploration of the Semi-peripheral Zone”, Review, Volume X, No. 1, Summer 1986
Arrighi, Giovanni. 1994. The Long Twentieth Century, London: Verso
Becker Joachim & Jäger, Johannes. 2011. European Integration in Crisis: the Centre-Periphery Divide, paper presented to the 17th Euromemo Workshop on Alternative Economic Policy, Vienna.
Bellofiore, Riccardo & Joseph Halevi. 2011. “Could Be Raining: The European Crisis After the Great Recession”, International Journal of Political Economy, vol. 39, no. 4, Winter 2010–11, pp. 5–30.
Brenner, Robert. 2002. The Boom and the Bubble: The US In the World-Economy. London: Verso.
Broadberry, Stephen & Alexander Klein, Alexander. 2012. “Aggregate and per capita GDP in Europe, 1870–2000: continental, regional and national data with changing boundaries.” Scandinavian Economic History Review, 60 (1). pp. 79-107
Burke, Michael. 2014. “If this is a recovery, why are people getting poorer?” Irish Left Review, 15 December 2014
Cafruny, Alan W. & Magnus Ryner, eds. 2003. A Ruined Fortress: neo-Liberal Hegemony and Transformation in Europe, Lanham, MA: Rowman & Littlefield
Cafruny, Alan W. 2003. “Europe, The United States and the Neo-Liberal (Dis)Order”. In Cafruny, Alan W. & Ryner, Magnus (2003) [eds]
Cafruny, Alan. 2010. “The Global Financial Crisis and the Crisis of European Neoliberalism” in Leila Talani, ed., The Global Crash. London: Palgrave MacMillan.
Campbell, Fergus. 2005. Land & Revolution: Nationalist Politics in the West of Ireland. Oxford, Oxford University Press
Chatterjee, P. (2012) “Bailing out Germany: the Story behind the European Financial Crisis”, Common Dreams, May 28, 2012
Coakley, Maurice. 2012. Ireland in the World Order: a History of Uneven Development, London: Pluto
Connolly, Bernard. 1999. The Rotten Heart of Europe, London: Faber and Faber
Foley, Gerry et al. 1975. For a Correct Political Course in Portugal, Intercontinental Press, Vol. 13, No. 36, October 13.
Frank, Pierre et al. 1975. Revolution and Counterrevolution in Portugal, Intercontinental Press, Part 1, December 15, Vol. 13, No. 45; Part 2, Vol. 13, December 22.
Gowan, Peter. 1999. The Global Gamble, London: Verso
Gowan, Peter. 2004. “Contemporary Intra-Core Relations and World Systems Theory”, Journal of World Systems Research, Vol. 10, Issue 2
Grahl, John. 2011. “The Subordination of European Finance”, Competition and Change, Vol. 15 No. 1, February, 2011, 31–47
Guillén, Arturo. 2012. Europe: The Crisis Within a Crisis, International Journal of Political Economy, vol. 41, no. 3, Fall 2012, pp. 41–68.
Harvey, David. 2012. A Brief History of Neo-Liberalism, Oxford: Oxford University Press.
Harvey, David. 2006. Spaces of Global Capitalism: Towards a theory of Uneven geo-Graphical Development. London: Verso
Huws, Ursula. 2011. Crisis as Capitalist Opportunity New Accumulation through Public Service Commodification, Socialist Register.
Kirby Peadar. 2010. “Lessons from the Irish Collapse: Taking an International Political Economy Approach”. Irish Studies in International Affairs, Vol. 21 (2010), 43–55.
Krippner, Greta. 2011. Capitalising on Crisis: the Political Origins of the Rise of Finance, Cambridge, Mass: Harvard UP
Kouvelakis, Stathis. 2010. “The Greek Cauldron”, New Left Review 72
Lapavitsas, Costas, et al. 2012. Crisis in the Eurozone, London: Verso
Lapavitsas, Costas. 2011. “Theorising Financialisation, Work Employment Society 25: 61
Lapavitsas, Costas. 2015. “Greece: Phase Two (interview)”, The Jacobin, May 15
Lee, Joseph J. 1989. Ireland: Politics and Society 1912-1985, Cambridge: Cambridge University Press
Leaman, Jeremy. 2014. “Reversing the Neo-Liberal De-formation of Europe”, in Fossum, John E. and Menendez, Augustin J. The European Union in Crises or the European Union as Crises, Oslo: ARENA
Lopez, Isidro, & Rodriguez, Emmanuel. 2011. “The Spanish Model”, New Left Review, 69 May
Mandel Ernest. 1970. Europe versus America, London: New Left Books.
Mair, Peter. 2013. Ruling the Void: the Hollowing of Western Democracy, London: Verso
Marx, Karl. 1969. The British rule in India, Selected Works, (Marx and Engels) Volume One, Moscow: Progress Publishers
McDonough, Terrence & Tony Dundon. 2010. “Thatcherism delayed? The Irish crisis and the paradox of social partnership”, Industrial Relations Journal, 41:6, 544-562
Mercille, Julien. 2013. “The role of the media in fiscal consolidation programmes: the case of Ireland”, Cambridge Journal of Economics, 1 of 20.
O Grada, Cormac. 1997. A Rocky Road: the Irish economy since the 1920s, Manchester: Manchester University Press
O’Riain, Sean. 2014. The Rise and Fall of Ireland’s Celtic Tiger, Cambridge: Cambridge University Press.
Panitch, Leo & Sam Gindin. 2012. The Making of Global Capitalism, London: Verso
Paseta, Senia. 1999. Before the Revolution: Nationalism, Social Change and Ireland's Catholic Elite, 1879 – 1922, Cork: Cork UP
Paus, Eva. 2012. “The Rise and Fall of the Celtic Tiger: When Deal-Making Trumps Developmentalism”, Studies in Comparative International Development , 47: 161-184
Poulantzas, Nicos. 1975. “Internationalization of Capitalist Relations and the Nation State”.In Classes in Contemporary Capitalism, London: New Left Books
Poulantzas, Nicos. 1976. Crisis of the Dictatorships, London: New Left Books
Rafter, Kevin. 2014. “Voices in the Crisis, the role of media elites in interpreting Ireland’s banking crisis”, European Journal of Communication, 1-10
Regan, John M. 1999. The Irish Counter-Revolution, Dublin: Gill and Macmillan
Rodrigues, Joao & Jose Reis. 2012. “The Asymmetries of European Integration and the Crisis of Capitalism”, Competition and Change, Vol 16, no. 3.
Sablowski, Thomas. 2008. “Towards the Americanization of European of Finance in Panitch, Leo & Martijn Konings, eds. American Empire and the Political Economy of Global Finance, Palgrave Macmillan: New York & Basingstoke.
Streeck, Wolfgang. 2014a. Buying Time: the Delayed Crisis of Democratic Capitalism, London: Verso
Streeck, Wolfgang. 2014b. “How Will Capitalism End?” New Left Review 87, May-June, 2014
Schwartz, Herman. 2010. “Structural Finance for Financial Structures” In Konings, Martijn, ed. The Great Credit Crash, London: Verso
Taft, Michael. 2014a. “What is going on in the Irish economy?” Irish Left Review, 9 October 2014
Taft, Michael. 2014b. “Deprivation Nation”. Irish Left Review, 2 October 2014
Wallerstein, Immanuel. 1985. “The Relevance of the Concept of Semiperiphery to the Analysis of Southern Europe”. In Giovanni Arrighi, ed., Semiperipheral Development: The Politics of Southern Europe in the Twentieth Century. Beverly Hills: Sage
Copyright (c) 2016 Maurce Coakley
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors who publish with this journal agree to the following terms:
- The Author retains copyright in the Work, where the term “Work” shall include all digital objects that may result in subsequent electronic publication or distribution.
- Upon acceptance of the Work, the author shall grant to the Publisher the right of first publication of the Work.
- The Author shall grant to the Publisher and its agents the nonexclusive perpetual right and license to publish, archive, and make accessible the Work in whole or in part in all forms of media now or hereafter known under a Creative Commons Attribution 4.0 International License or its equivalent, which, for the avoidance of doubt, allows others to copy, distribute, and transmit the Work under the following conditions:
- Attribution—other users must attribute the Work in the manner specified by the author as indicated on the journal Web site;
- The Author is able to enter into separate, additional contractual arrangements for the nonexclusive distribution of the journal's published version of the Work (e.g., post it to an institutional repository or publish it in a book), as long as there is provided in the document an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post online a prepublication manuscript (but not the Publisher’s final formatted PDF version of the Work) in institutional repositories or on their Websites prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work. Any such posting made before acceptance and publication of the Work shall be updated upon publication to include a reference to the Publisher-assigned DOI (Digital Object Identifier) and a link to the online abstract for the final published Work in the Journal.
- Upon Publisher’s request, the Author agrees to furnish promptly to Publisher, at the Author’s own expense, written evidence of the permissions, licenses, and consents for use of third-party material included within the Work, except as determined by Publisher to be covered by the principles of Fair Use.
- The Author represents and warrants that:
- the Work is the Author’s original work;
- the Author has not transferred, and will not transfer, exclusive rights in the Work to any third party;
- the Work is not pending review or under consideration by another publisher;
- the Work has not previously been published;
- the Work contains no misrepresentation or infringement of the Work or property of other authors or third parties; and
- the Work contains no libel, invasion of privacy, or other unlawful matter.
- The Author agrees to indemnify and hold Publisher harmless from Author’s breach of the representations and warranties contained in Paragraph 6 above, as well as any claim or proceeding relating to Publisher’s use and publication of any content contained in the Work, including third-party content.
Revised 7/16/2018. Revision Description: Removed outdated link.