Download Ship of Fools: How Stupidity and Corruption Sank the Celtic Tiger AudioBook Free
Between 1995 and 2007, the Republic of Ireland was the worldwide style of successful adaptation to economic globalisation. The success history was phenomenal: a doubling of the workforce; a massive expansion in exports; a GDP that was greatly above the EU average. Ireland became the world's greatest exporter of software and manufactured the world's way to obtain Viagra. The factors that managed to get easy for Ireland to become prosperous - intensifying sociable change, solidarity, major state investment in education, and the critical role of the EU - were largely dismissed as too sharply at odds with the prominent free-market ideology. The Irish boom was shaped instead into a simplistic moral tale of the little country that uncovered low fees and small administration and prospered as a result.There have been two big problems. Ireland attained a hyper-capitalist current economic climate on the back of your corrupt, dysfunctional politics system. And the business class found the influx of riches as an opportunity to earn a living out of property. Aided by corrupt planning and funded by poorly regulated lenders, 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 acquired us into this mess". It is an entertaining, ardent story of one of the most ignominious economic reversals in recent background.
