Read Ship of Fools: How Stupidity and Corruption Sank the Celtic Tiger by Fintan O'Toole Free Online
Book Title: Ship of Fools: How Stupidity and Corruption Sank the Celtic Tiger|
The author of the book: Fintan O'Toole
ISBN 13: 9780571252688
Format files: PDF
The size of the: 933 KB
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Reader ratings: 7.5
Edition: Faber & Faber
Date of issue: February 1st 2010
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Between 1995 and 2007, the Republic of Ireland was the worldwide model of successful adaptation to economic globalisation. The success story was phenomenal: a doubling of the workforce; a massive growth in exports; a GDP that was substantially above the EU average. Ireland became the world's largest exporter of software and manufactured the world's supply of Viagra. The factors that made it possible for Ireland to become prosperous - progressive social change, solidarity, major State investment in education, and the critical role of the EU - were largely ignored as too sharply at odds with the dominant free market ideology. The Irish boom was shaped instead into a simplistic moral tale of the little country that discovered low taxes and small government and prospered as a result. There were two big problems. Ireland acquired a hyper-capitalist economy on the back of a corrupt, dysfunctional political system. And the business class saw the influx of wealth as an opportunity to make money out of property. Aided by corrupt planning and funded by poorly regulated banks, an unsustainable property-led boom gradually consumed the Celtic Tiger. This is, as Fintan O'Toole writes, 'a good old-fashioned jeremiad about the bastards who got us into this mess'. It is an entertaining, passionate story of one of the most ignominious economic reversals in recent history.
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Read information about the authorFintan O'Toole is a columnist, assistant editor and drama critic for The Irish Times. O'Toole was born in Dublin and was partly educated at University College Dublin. He has written for the Irish Times since 1988 and was drama critic for the New York Daily News from 1997 to 2001. He is a literary critic, historical writer and political commentator, with generally left-wing views. He was and continues to be a strong critic of corruption in Irish politics, in both the Haughey era and continuing to the present.
O'Toole has criticised what he sees as negative attitudes towards immigration in Ireland, the state of Ireland's public services, growing inequality during Ireland's economic boom, the Iraq War and the American military's use of Shannon Airport, among many other issues. In 2006, he spent six months in China reporting for The Irish Times. In his weekly columns in the Irish Times, O'Toole opposed the IRA's campaign during the Troubles in Northern Ireland.
information from http://en.wikipedia.org/wiki/Fintan_O...