Big Business Economy

The Neoliberal Problem

Financialisation, as Andrew Sayer notes in Why We Can’t Afford the Rich, has had a similar impact. “Like rent,” he argues, “interest is … unearned income that accrues without any effort”. As the poor become poorer and the rich become richer, the rich acquire increasing control over another crucial asset: money. Interest payments, overwhelmingly, are […]

Space

Nano-spacecraft: Alpha Centauri in 20 years?

Fascinating idea: Breakthrough Starshot’s spacecrafts, which they call “nanocrafts,” will be gram-scale computer chips that will include “cameras, photon thrusters, power supply, navigation and communication equipment,” Avi Loeb, a Harvard scientist involved in the operation, told reporters. A rocket would deliver a “mother ship” carrying a thousand or so of the nanocrafts into space. Once […]

History

Equality Forgotten

Fascinating op-ed in the NYT: On a speaking tour in 1917, Ireland’s foremost suffragist, Hanna Sheehy Skeffington, told audiences that “it is the only instance I know of in history when men fighting for freedom voluntarily included women.” The progressive leanings of the Rising’s leaders were evident in the language of the Proclamation of an […]

Politics

Something to remember

In the ongoing discussions over the future of Irish Water and forming a government, one thing to remember is that Fianna Fail is now a more rural party. They don’t have as much urban vote to lose: The future of water charges is due to be discussed this week during negotiations between Fianna Fáil, Fine […]