Public meeting to ask ‘Is Brexit is an opportunity for Ireland?’

For many, Brexit is a right-wing project because the principal authors are an extreme element of the British Tory Party. However an Australian academic will be putting forward a very different view at a public meeting in Galway.

Bill Mitchell is professor of economics at the University of Newcastle, New South Wales, Australia, a widely published author, and a notable proponent of Modern Monetary Theory. He is also the co-author, with Italian political theorist Thomas Fazi, of Reclaiming the State – A Progressive Vision of Sovereignty in a Post-Neoliberal World.

That book will form the basis of his talk in Galway, entitled Reclaiming the State, which takes place on Wednesday October 3 at 8pm in the Harbour Hotel. Prof Mitchell argues that progressives and the political Left should not regard Brexit - and the current problems of the EU and monetary union generally - as a cause for despair, but as an opportunity to embrace a progressive, liberating, vision of national independence, to reject the EU’s austerity straitjacket and to implement a democratic socialist platform, “which is impossible within the EU, let alone the euro-zone”.

In Reclaiming the State, Mitchell and Fazi dispute that national independence has become irrelevant in a globalised world. They contend that it is only by reclaiming the state from supranational institutions, such as the EU, that people can break away from the neo-liberal economic dogma of the privatisation of resources and public services, deregulation of finance, the reduction of workers’ rights in collective bargaining, cuts to social programmes, and the lowering of taxes on wealth and capital at the expense of the middle and working classes.

The event is organised by The Desmond Greaves School, and will be chaired by Terry McDonough, Professor Emeritus of Economics at NUI Galway.

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