Labour needs to set high standards
Published 06/12/2010 | 05:00
If we are truly to see a change in the political and economic system in Ireland, then all whose aims are for a progressive and equal society need to come together and present a vision as a distinct alternative to the status quo.
It is clear that Fine Gael has a broadly similar policy platform to Fianna Fail. It, too, is a champion of the free market. The reason bankers and developers have always appeared closer to Fianna Fail is that the 'republican party' has been in power for longer and has attracted the 'cute hoors' and high-achieving 'fat cats' as fellow travellers.
This crisis is born of political action. The banks were not on a solo run. Light-touch regulation as part of the overall trend to deregulation and privatisation facilitated this collapse.