Austerity Treaty is recipe for disaster across Europe

Referendum must be held. People should decline invitation to join ‘Austerity Club’

Referendum must be held. People should decline invitation to join ‘Austerity Club’

What was agreed at last night’s European Council is a recipe for disaster across Europe. Prescribing a diet of austerity and more austerity into the future is a sure way to deepen the crisis of capitalism across Europe.

The Treaty represents a fundamental attack on democratic rights as it attempts to institutionalise austerity policies within country’s constitutions or laws through the ‘balanced budget’ rule. It thereby denies future governments the right to implement policies other than neo-liberal ones, removing the legal right to engage in policies that are necessary – such as massive programmes of public investment to create jobs.

The fact that this Treaty is not an EU Treaty means that the government propaganda about this being necessary for our membership of the euro or linked to our membership of the EU is simply a lie. We have before us an invitation to join an Austerity Club and commit to neo-liberal policies into the future. We should turn down this invitation and reject the austerity that is failing so disastrously across Europe.

There is a clear political obligation for the government to hold a referendum on this Treaty, which involves a significant transfer of powers over budgetary strategy from the Irish government to the European Commission and Council as well as tying the hands of future governments. Instead of hiding behind the Attorney General, the government should immediately announce its intention to hold a referendum. Massive political pressure needs to be built on the government in the coming days to force them to hold a referendum.

I and the Socialist Party are currently taking legal advice and I am actively considering a court challenge in the event that the government attempts to evade its democratic obligation.

Total
0
Shares
Previous Article

MEP demands referendum on Fiscal Treaty following poll

Next Article

Capitalist chaos – class struggle sharpens

Related Posts
Read More

London Olympics: run for profit

World records will not be the only things broken at this year’s Olympic and Paralympic Games. Promises for a lasting legacy – affordable housing, decent jobs, increased sports participation, etc – are being broken, too. The greatest sporting show on earth has been dragged down by crass commercialisation, and become a test-bed for increased state repression. socialistparty.net reports on the neo-liberal Games.

Read More

1,100 attend “Claiming our future” conference

The impressive attendance of  1,100 at the recent  “Claiming Our Future” conference in the RDS was a positive indication that people want an alternative to the cutback agenda on offer from the entire political establishment, both government and official opposition.  In fact twice as many applied for tickets to attend but could not be accommodated for reasons of space

Read More

Gilmore commits Labour to austerity policies

The comment of the Labour Party to imposing austerity as part of the next government is increasingly clear. In agreeing to the target of reducing the budget deficit to 3% by 2014, Labour is pledging to implement cutbacks and attacks similar to those of the current government.