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Dublin - Event Notice Thursday January 01 1970 Landscape and the Economic Crisis
dublin |
environment |
event notice
Monday October 26, 2009 18:27 by Richview Society - Richview Society
NAMA is the symptom of that which it pretends to be the cure In the Red Room, Richview UCD, 5.30pm Monday 2nd November. he property bubble resulted in wholesale commodification of the Irish landscape for capital accumulation. Now NAMA will take this process to a new and dangerous level by overseeing a major consolidation and concentration of wealth, while pretending to act in the common interest. It is in response to periodic crises of overaccumulation that capital finds new areas for expansion: these are phases of what Marx called Primary or Primitive Accumulation. In this vein NAMA is proposed as a solution to the current credit crisis. But will NAMA really act in the public interest? Or is NAMA another opportunity for capital accumulation presented in the guise of a 'rescue package'? |
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