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

The trial of Chelsea Manning

The final days of the trial revealed the disgusting new depths to which the US Military is sinking in an effort to persecute Chelsea (formerly Bradley) Manning. In 2010 this brave young military intelligence analyst released hundreds of thousands of secret documents to show the world the true face of the US wars in Iraq and Afghanistan.

Read More

Review: Dancing Shoes: The George Best Story

In an obituary of George Best, comrade Peter Hadden wrote “George Best composed poetry with his feet”. What a wonderful complement to a football genius from the working class streets of Belfast. And now Marie Jones and Martin Lynch have gone one further. They have “Besty” using those poetic feet dancing. And that soft Northern Irish accent singing in their unforgettable play “Dancing Shoes - The George Best Story”.