Michael Taft's Avatar

Michael Taft

@michael-taft.bsky.social

Commentary on Irish Political Economy by Michael Taft, Researcher for SIPTU. Blogs at www.notesonthefront.typepad.com

177 Followers  |  126 Following  |  31 Posts  |  Joined: 25.12.2024  |  1.9152

Latest posts by michael-taft.bsky.social on Bluesky

Post image

Over the last 5 years, the nuclear-armed countries spent over $400 billion on their nuclear arsenals. For half that amount we could end global hunger. The EU should take the global lead and declare Europe to be a nuclear-weapon-free zone. Source: ICAN

10.08.2025 10:31 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Thanks for that.

09.08.2025 12:50 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Post image

Huge win for workers!πŸ₯³

07.08.2025 15:13 β€” πŸ‘ 295    πŸ” 35    πŸ’¬ 5    πŸ“Œ 3

Do you have a link for that?

07.08.2025 14:48 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
Post image

Ireland has the fewest number of labour inspectors in the EU, bar Malta. A weak and under-resourced labour inspectorate puts employees at risk, allows low-road employers to undermine good businesses, and weakens consumer safety. Everyone loses. Source: ILO

07.08.2025 13:14 β€” πŸ‘ 0    πŸ” 1    πŸ’¬ 1    πŸ“Œ 0
The Small Business Excuse A number of measures have been justified on the basis of their impact on small business. Postponing the Living Wage – impact on small business. Postponing the extension of statutory sick pay – impact ...

The Government justifies a number of policies – postponing the Living Wage, cutting VAT – on the basis that small businesses are under pressure. Yet the Government publishes survey data showing SME profitability has never been higher. So what's going on? tinyurl.com/3zrcrjhk

05.08.2025 10:21 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 1
Fee-Fi-Fo-Fum: The Summer Economic Statement’s Magic Beans The Government’s fiscal policy is high risk to the point of irresponsibility. The recently published Summer Economic Statement (SES) attempts to mask this. According to the Irish Fiscal Advisory Counc...

Fiscal policy is in danger of repeating the past. A large economic deficit subsidised by a shrinking pool of money. If tariffs hit growth, the Government will squeeze spending, reducing growth further. Been there, done that, bought the austerity t-shirt. tinyurl.com/2uyy8347

29.07.2025 18:59 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Fee-Fi-Fo-Fum: The Summer Economic Statement’s Magic Beans The Government’s fiscal policy is high risk to the point of irresponsibility. The recently published Summer Economic Statement (SES) attempts to mask this. According to the Irish Fiscal Advisory Counc...

Fiscal policy is in danger of repeating the past. A large economic deficit subsidised by a shrinking pool of money. If tariffs hit growth, the Government will squeeze spending, reducing growth further. Been there, done that, bought the austerity t-shirt: tinyurl.com/2uyy8347

29.07.2025 09:43 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Post image

Ireland will disporportionately suffer from the 15% tariff. Over a quarter of all Irish goods exports go to the US. The EU average is 8%. How is this a good deal for Ireland or the EU?

28.07.2025 08:40 β€” πŸ‘ 0    πŸ” 2    πŸ’¬ 0    πŸ“Œ 0
Preview
What do Ireland’s best paid chief executives earn? Top executives’ average pay package rose by 31 per cent to €4.36m last year

Average CEO pay in large Irish publicly quoted companies rose by 31%. Average employee wage rose by approximately 4%. Increase in CEO pay rose nearly 8 times faster. This should be a political issue.

What do Ireland’s best paid chief executives earn?

www.irishtimes.com/business/202...

25.07.2025 11:58 β€” πŸ‘ 0    πŸ” 2    πŸ’¬ 0    πŸ“Œ 0
Preview
394. New Apartment Standards – The 21st Century Tenements with Orla Hegarty Reboot Republic - Rory Hearne by Tortoise Shack Media Β· Episode

🎧 New Apartment Standards the 20th Century Tenements

My conversation with Rory Hearne on Reboot Republic podcast (no paywall) www.patreon.com/posts/patron...

Spotify: open.spotify.com/episode/4DZe...
Apple: podcasts.apple.com/ie/podcast/r...

16.07.2025 12:56 β€” πŸ‘ 5    πŸ” 2    πŸ’¬ 1    πŸ“Œ 0

I am writing a policy pamphlet. Here are all the ways to demonstrate I don't really have a policy answer, that I need to avoid:

a. You call for a "national conversation or debate"
b. You suggest that what is needed is β€œa change in culture”
1/

08.07.2025 12:41 β€” πŸ‘ 264    πŸ” 57    πŸ’¬ 23    πŸ“Œ 18
Preview
We're Not Spending Enough Voices are growing louder. Government spending is getting out of control: β€˜surging public spending’, β€˜rising faster than planned’, β€˜fiscal incontinence’; and the killer punch: public spending has doub...

We’re being told public spending is getting out of control. But Ireland is a low spender. We’d have to increase public expenditure by up to €15 billion just to reach EU averages. We need to significantly increase spending – and the revenue to pay for it. tinyurl.com/bdfpetw9

25.06.2025 18:56 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Preview
We're Not Spending Enough Voices are growing louder. Government spending is getting out of control: β€˜surging public spending’, β€˜rising faster than planned’, β€˜fiscal incontinence’; and the killer punch: public spending has doub...

We’re being told public spending is getting out of control. But Ireland is a low spender. We’d have to increase public expenditure by up to €15 billion just to reach EU averages. We need to significantly increase spending – and the revenue to pay for it. tinyurl.com/bdfpetw9

25.06.2025 10:32 β€” πŸ‘ 2    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0
Post image

Reducing working time through #CollectiveBargaining is a powerful tool to tackle burnout, improve work-life balance, and address labour market challenges – all without reducing pay or productivity.

Our new study analyses 119 collective bargaining agreements.

➑️ www.etuc.org/en/pressrele...

23.06.2025 15:33 β€” πŸ‘ 13    πŸ” 7    πŸ’¬ 0    πŸ“Œ 0
Preview
Anti-scab bill becomes law but vulnerabilities remain After years of lobbying and public pressure from the labour movement, anti-scab legislation has finally come into effect at the federal level.

CANADA: Anti-scab bill becomes law but vulnerabilities remain rabble.ca/labour/anti-...

21.06.2025 13:09 β€” πŸ‘ 8    πŸ” 3    πŸ’¬ 0    πŸ“Œ 1
Preview
Politics vs Econ101 Once upon a time, the phrase "classical liberal" meant something other than "racist crank". In that idyllic era, those liberals loved to point out how their opponents were failing to understand Econ10...

Blogged: eight ways in which politicians often ignore basic economics: stumblingandmumbling.typepad.com/stumbling_an...

20.06.2025 12:45 β€” πŸ‘ 13    πŸ” 8    πŸ’¬ 1    πŸ“Œ 2
Post image

Have now been released, thanks again for all the support. Others from #GlobalMarchToGaza still detained.

Will comment further when I've left Egypt.

Free Palestine πŸ‡΅πŸ‡Έ

16.06.2025 19:11 β€” πŸ‘ 62    πŸ” 17    πŸ’¬ 1    πŸ“Œ 1
The political engagement dilemma "The only thing necessary for the triumph of evil is for good men to do nothing." "If a battle cannot be won, do not fight it." These two great truths (wrongly attributed respectively to Edmund Burke ...

Blogged: whether we should be politically engaged in the UK is a genuine dilemma - one perhaps best solved by devising new forms of political activity: stumblingandmumbling.typepad.com/stumbling_an...

14.06.2025 08:53 β€” πŸ‘ 30    πŸ” 14    πŸ’¬ 1    πŸ“Œ 3
Post image

Today is 'No Kings Day' in America. Demonstrations in over 2,000 cities against the authoritarianism of Trump's rule are taking place. Solidarity with all those marching in the US and around the world for democracy and the rule of law.

14.06.2025 10:31 β€” πŸ‘ 0    πŸ” 2    πŸ’¬ 0    πŸ“Œ 0
Why we need a strong left Anyone hoping that the marginalization of the Labour left would lead to rational, liberal policy has been badly disappointed by Starmer's recent remarks (pdf) on immigration echoing Enoch Powell and s...

Blogged: why liberal centrists should mourn the decline of the left, because it led to illiberalism & irrationality: stumblingandmumbling.typepad.com/stumbling_an...

14.05.2025 12:22 β€” πŸ‘ 12    πŸ” 6    πŸ’¬ 0    πŸ“Œ 1
Post image

Profit shifting. Tax avoidance. 0% corporate tax paid. Excellent investigation into Ireland's tax mirage and multinational accounting practices from the @businesspost.bsky.social Still, don't ever say that Ireland is a tax haven.

04.05.2025 13:02 β€” πŸ‘ 2    πŸ” 2    πŸ’¬ 0    πŸ“Œ 0
Post image

Considerable opposition to the government's proposed postponement of living wage and additional sick pay entitlements.

27.04.2025 10:40 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 1
Post image

Military expenditure among the combined EU countries is nearly three times that of Russia. So why are we being frog-marched into ramping up military expenditure at the expense of social programmes? Source: SIPRI Military Expenditure Database

09.04.2025 09:25 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Preview
Greenpeace ordered to pay hundreds of millions in damages to oil firm Greenpeace has warned it could be forced into bankruptcy if it is ordered to pay around $300m to Energy Transfer.

How it ends.

www.bbc.com/news/article...

19.03.2025 21:17 β€” πŸ‘ 30    πŸ” 13    πŸ’¬ 3    πŸ“Œ 3
Preview
Greenpeace must pay hundreds of millions over Dakota pipeline protests, says jury Non-profit said in statement lawsuits like this aimed at β€˜destroying the right to peaceful protest’

Fossil fuel companies should be forced to pay the public trillions in damages for the costs of their planetary arson. Instead they are trying to shut down one of the most important and storied environmental groups in the world. It's shameless - and it's not over. www.theguardian.com/us-news/2025...

19.03.2025 21:10 β€” πŸ‘ 2147    πŸ” 924    πŸ’¬ 37    πŸ“Œ 54
Post image

War may be hell but it’s boomtime for shareholders. There’s been a significant increase in the share price of major arms manufacturers since the beginning of the year. In some cases, the share price has more than doubled.

19.03.2025 09:41 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Difficult to see how one can view Trump’s hosting of McGregor in the White House, on St Patrick's Day, as anything other than a deliberate and calculated affront to Ireland by the US president.

17.03.2025 19:02 β€” πŸ‘ 9    πŸ” 4    πŸ’¬ 0    πŸ“Œ 0
Preview
Breaking from our American Dependency Model Fair dues to the Taoiseach – escaping the White House badger pit without getting mauled. This still leaves the outstanding question: is our over-reliance on US multi-national investment in the long-te...

Ireland has an unhealthy over-reliance on US multi-national investment. We need to spread our foreign investment risk and increase domestic investment. Over the long-term we need to break from our American dependency model. Or be prepared to be broken: tinyurl.com/mshnbcsh

13.03.2025 20:09 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Preview
Breaking from our American Dependency Model Fair dues to the Taoiseach – escaping the White House badger pit without getting mauled. This still leaves the outstanding question: is our over-reliance on US multi-national investment in the long-te...

Ireland has an unhealthy over-reliance on US multi-national investment. We need to spread our foreign investment risk and increase domestic investment. Over the long-term we need to break from our American dependency model. Or be prepared to be broken. tinyurl.com/mshnbcsh

13.03.2025 11:23 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

@michael-taft is following 20 prominent accounts