Ireland and the Fourth International

Papers, journals and pamphlets of the Fourth International's supporters in Ireland, 1969–1996

Crisis

In Socialist Republic: June 1977 · scan page 4 · about 675 words

Economy, the EEC and Europe

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straifed sith « phenomenal national debt oF 34 billion wileb eats up Me OF tages bn leberest reparments - in additien a sutetantia) part of this [4 }illien has to. te paid back. dn the mest fey yearig: fing llythn haLaaice- of Peymete da aheviiie a dee defici¢ Shieh will please Pro £175 m (last year] bo fh nm this yearl.

The Qroreridine preilem ef Irteh cop= Lraliam qt the piaent fa the hage National Cebt the Execheader has to cope with. It ais heped that the Gemeficial effirces af the esieriiy foeowery will ermaile the geveronent Lo start eetting this propien under comtrel. But the worsening belance OF patente Wipcit thrvgtafie this pesslbiliee, The key to argviding this threat fs to improv the bol= ance of payments ty paling waports rare Competitive, This dan only te done by keeping odets (de. wakes down. Just as chering the depth of the rec#asion, ao too in th: recovery, the watchwerd of Lrish capitelish rey ine aint — a Tact which only underdines the superficial mature of the receiver.

id Fall Amal Sincé 170 the eplovers and povesu= Bent lige succeeded in imposing, a series Of fational Wage Acreatient on workers weich Save pradually waittlad dot their attic] real wage imersases fo the poioc ware laat year read Carmine actuslly fell, This year, on the face of it, vpde= Gyers ond goreinmet acem ant fur a | repest prefortitice, Bourly ware and | lotwl wage agreement are Likely ta S469 rates ure the curreet nat— rise by 92 (according to cha den= tral Hank); hy patring ti yg Jot af euattTa bourses workers wlll Increase this. total earning by 14%, gut. the Pate of inflation will be 14%, Thos even taking the figures goat flatt= ering to the onployers and gover PEG a: ave that they will poy wirkers less than ‘they did leat year and get » bell of 2 lat mere work aut of Chen 2t the som time, manoeuvres Tey tf ef Gencrevi: aid bie eran des was soe called by tha bulléing worliers, The cibding workerg va their claim hands coi, The ease with which thy buactledne warkera WN Widetecdres the oonbatiricy er Ce whale working class and the Tear Of the eoplayers and eerie se of getting ievolved in p confrontation that could spark aff io uhele phase Of atrugule.

In this aitustion poe-anly are ‘che PMspects fer the oresent KWA din but the possibilities of siechar MwA deveareble co the eiplayers Ls Sven Mert Patote, Tt is oot surpPising theretere that widlepers. can yeon various groupes and catezorics of workerd anil the recoiling Zaroc ef chia precess thregtens 9 iy apart tie whol: collabarotioniat foankewoni Of the WWi'a, Aa ths Anneal tleporte ef che fentenl Bek puta ie i “The altering ef tradiciotgqh relativitizes ieeween ditterent peouga ef disso: vertices Gay alee be o petential eoirce of eaarepash peers!

ahet the euplevecs are qiiine at da a fare Tlaxtlle framework weich will allon thea te buy Off, wlth mtdetivicies, the stronger aeckicng of the werkers while aticking the bert in all che mere Ciraly om the miss of erdsaicy workers.

TRAE ORL UaEY FLT Tu ie inthis soategt that demgnds wi thhli the uilomes for a return be “free collective bargeiniog” moat taah ee gecting rid sod the MWA stu Che Evplorer<Labour ooede renee hus Fert Be conlaged with wdolng away wie Ceacttaliaed golle otis bargaining a Raticeal pps l, Toe ity ond power of the whole trade trian novutest is. indizseng— tile for. cetavding the interests o¢ a) workers, Relotivicy denacds < of couse te a powerfil weapon for amushing the chains af the M4 feat likless each Gerga’s ore fll farwar:

DB BOrt Of 9 pemeral plan te Gedara fhe ligine standenis of 221 werkas, Cie coli) jiore cha epee ine: of for Shereasing the balance of foress i Tavear of the Ragloyers and the Gen SCT a ARR TRADE UNION CAlicus

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ECONOMIC behind

be judeed. If free collaerive toré= WAISH SECTION OF THE FOURTH IN

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