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Posts tagged ‘Raymond Crotty’

A Tribute to Mr. Raymond Crotty

A Tribute to Mr. Raymond Crotty
1925-1994
Economics Lecturer
Trinity College Dublin, Ireland.

Ludwig Von Mises
Quote:
“Everyone carries a part of society on his shoulders. No one
is relieved of his share of responsibility by others and no one
can find a safe way for herself if society is sweeping towards
destruction. Therefore everyone, in his own self interest, must
thrust themselves vigorously into the intellectual battle.”

An Irishman whose life was a real example of the moral
imperative exemplified in the above quote was Raymond
Crotty. Through his actions and writings he tried to do the
right thing. He tried to make a difference.

“Our Enemy the State“, so said Raymond, in 1988 in his
book “A Radical’s Response”. In this treatise Mr. Crotty,
former farmer and economics lecturer at Trinity College, tried
to explain how Ireland was being exploited by its domestic
political groupings. Through his efforts the constitution was
correctly used to try to protect the Irish people from what he
saw as abuse of privilege by an immoral political class. This
class, he believed, was using the resources of the Irish people
for their own selfish benefit. In order to take his high court
action to protect the constitution and safe-guard the right

to a free ballot on fundamental legal changes he pledged, as
security, the title of his own family home. In fact he and his
wife faced possible bankruptcy in the event of failure on the
legal front. What would Mr. Crotty be advising us now about
possible solutions to the predicament Ireland now faces? I will
use some quotes below to try to give you some inkling of a
possible answer to that conundrum.

“Sixty years on (1986), the Irish economy is back again to
a position similar to that of 1922, immediately after the
break with Britain…….Joining the EEC seemed, in 1972, the
answer to 50 years of failed self-government. Fifteen years
of membership of a Community comprising all the former
colonial powers has done nothing to alleviate, but much to
aggravate the problems of Ireland……This happened also with
the earlier Union with Britain, which brought untold hardship
on the Irish masses, while, as intended, securing the position
of the elites who engineered the Union. The new EEC Union
likewise has resulted in wholesale loss of jobs, a quadrupling
of unemployment and an increasing extreme dependence on
subsidies from, and credit through, the EEC.”

Thus we can see that all though much has changed since 1986,
unfortunately most remains the same in 2010.

Ireland is now lurching toward financial ruin because
of insolvent banks, fully state guaranteed international
bondholders, high inflation due to a bloated and inefficient
bureaucracy that produces no goods, reckless public sector

borrowing, an unquantified off-balance-sheet derivative
time-bomb, collapsing cash and credit circulation, insolvent
businesses and an incompetent government executive. We
are being lied to with regard to the true nature and extent
of Ireland’s financial afflictions. Many would say that it is
the international financial crisis that caused the problem
however, I believe, it is the failure of our political class to
ethically regulate itself and effectively manage that is the
true source of the current mayhem. This class is working
closely with a golden circle to bail itself out yet will now leave
a “bill of costs” which will cripple the Irish public finances for
decades. This class has sold out the country to a European
Banking elite that forces itself into every aspect of out lives
to the detriment of real freedom. The ongoing erosion of our
liberty is clothed in a veneer of “greater good” but the effect
is social atrophy.

As Crotty predicted, the state is no longer the friend but
the enemy of the average Irish citizen. This situation was
always the case in mainland Europe and throughout the
British Empire. Constitutions were thus developed by
revolutionaries, such as DeValera, to tame the power of the
state. This lesson of history has been forgotten by the “new”
Irish and they have now sold their children’s birthright to
elites but the Irish people are not to blame because they
have been hoodwinked by a privileged social grouping that
protects its dynastic power while ignoring the horrific social
implications of their drastic austerity measures. In other
words they have the income and the assets whilst we and our

children will be left to carry the debt.

Ray Crotty knew in 1986 that borrowing would end in disaster
for Ireland, and we currently who are socially conscious, are
now experiencing a human tragedy unfolding daily as it did
so in 1985. It was not called the “lost decade” for nothing.
However, in 2010 it is much worse because in addition to
unbridled public borrowing there is private debt of nearly half
a trillion Euros. Thus this time the burden is doubly crippling
particularly when you factor in an Irish cost of living which is
now nearly 50% higher than that in mainland Europe. This fact
can be readily verified during any short holiday trip to Spain or
Portugal or Germany.

But Mr. Crotty did not leave it there, he used his considerable
economic intellect to propound a way forward, an analysis
which we know all too well was never followed. His solution
could be applied even now, if only we found the will and the
determination. In 1986 His formula for economic and moral
salvation ran as follows:

“It is not difficult to identify the nature of the change
that is necessary to transform Irish undevelopment into
development. It involves essentially eliminating banking
privilege. In Ireland producers are charged too little for land
and capital and too much for labour. ……All taxes should
be removed from labour (PAYE & PRSI) and the things that
labour buys (VAT). Tax revenue from land and from the
financial system (Banks, Insurance Companies and Building

Societies) should be maximized. In addition, in order to save
revenue and to preclude further borrowing by corrupt and
corrupting politicians, the public (and banking debt should be
renegotiated or) repudiated …..The proposed fiscal changes
would transform Ireland’s undeveloping economy into a
developing one. The state is the enemy of the nation and
has been the cause of its undevelopment this point the Irish
people must comprehend. But even as the nation has been
undeveloped by the state’s actions, the people have looked
more and more to the state to remedy the situation.”

In 2010 The Irish people somehow must start rejecting the
local/international banking system now robbing the national
coffers. Raymond Crotty cries out from the past. He was not
listened to then and we are paying the consequences. This
moral Irishman correctly analysed Ireland economic problems
and history has shown this analysis to be correct. It is not
too late for Ireland to start again but we need this time to
take the right road and choose true national development
not financial bondage. In other words borrowing in not
the answer, productive commercial enterprise is. And the
benefits of this enterprise must flow, as a moral right, to
the average hard working lower and middle class citizen not
financial elites regardless of whether they are of the home-
grown or international variety. This time let us finally listen
and take the right road of hard work, honour and duty not
a phantom dream of lottery wins, quick rich schemes and
reckless speculation. Yes we are in a difficult situation but let
us take the hard choices that lead to real change not cosmetic

As Oscar Wilde, once famously quipped:

“Yes we are all in the gutter but let us chose to look up to the
stars.”

Mr. Raymond Crotty

 

“Our Enemy the State”

A Tribute to Mr. Raymond Crotty 1925-1994

Economics Lecturer

Trinity College Dublin, Ireland.

An excellent article sent to me, by Christopher M. Quigley, B.Sc., M.M.I.I., M.A., WealthBuilder.ie | October 30, 2009

 

“Our Enemy the State”, so said Raymond Crotty in 1988 in his book “A Radical’s Response”. In this treatise Mr. Crotty, former farmer and economics lecturer at Trinity College, tried to explain why Ireland should not have joined the EEC. Through his efforts the constitution was correctly used to try to protect the Irish people from what he saw as abuse of privilege by an immoral political class that usurped power from the British in 1922. This class, he believed, were using the resources of the Irish people for their own selfish benefit.

What would Mr. Crotty be saying now about the “EEC” which has now morphed into the (communistic) European Union? To get a sense of how he would be thinking I include some excerpts below:

“Sixty years on (1986), the Irish economy is back again to a position similar to that of 1922, immediately after the break with Britain…….Joining the EEC seemed, in 1972, the answer to 50 years of failed self-government. Fifteen years of membership of a Community comprising all the former capitalist colonial powers has done nothing to alleviate, but much to aggravate the problems of the former colony……This happened also with the earlier Union with Britain, which brought untold hardship on the Irish masses, while, as intended, securing the position of the elites who engineered the Union. The new Union likewise has resulted in wholesale loss of jobs, a quadrupling of unemployment and an increasing extreme dependence on subsidies from, and credit through, the EEC.”

Thus we can see that though much has changed since 1986, unfortunately most remains the same in 2009.

Ireland is now lurching toward financial ruin through NAMA (the National Asset Management Agency, its home-grown form of quantitative easing) and out-of-control public sector borrowing. Many would say that it is the financial crisis that caused the problem however, I believe, it is the failure of our political class to ethically regulate itself which is the true source of the current mayhem. This class is working closely with a golden circle to bail itself out yet will now leave a “bill of costs” which will cripple the Irish public finances for decades. This class has sold out the country to a super socialist Europe that forces itself into every aspect of out lives to the detriment of real freedom. The ongoing erosion of our liberty is clothed in a veneer of “greater good” but the effect is social atrophy. This governmental “fabianism” will result in the control of everything by an all powerful bureaucratic elite, where “ownership” is valueless due to carbon taxes, government regulation, local authority supervision, clerical intrusion and stealth constraints.

As Crotty predicted, the state is no longer the friend but the enemy of the citizen. This situation was always the case in mainland Europe and throughout the British Empire. Constitutions were thus developed by revolutionaries, such as DeValera (the Irish Prime Minister), to tame the power of the ex- colonial states. This lesson of history has been forgotten by the “new” Irish and they have now sold their children’s birthright to elites, while they allow themselves to be brainwashed by sport, by the X-Factor, by crime-watch, by global warming, by “swine flu” hype, by media consensus and other “timely” nonsense.

To quote Mr. Crotty again:

“A number of expedients have been tried and found to yield short-term benefit but longer term aggravation of the original weakness. Protection gave jobs in the 1930’s; but it was no longer tenable in the 1950’s, by which time it had done irreparable harm to older, non-protected industries. Deficit financing, particularly with the Whitaker stratagem built in, made all things possible, including a public debt in 1987 equivalent to 160% of GDP. ………There is no light at the end of this tunnel. The unbroken record of undevelopment in all former capitalist colonies is that the road the nation now follows ends in collapse and chaos. The experience of 65 years of self-government points to the same ending (how prophetic he was). But that is of less consequence to the poweraholic establishment than that they should remain in charge. Hence their insistence that there is no alternative to the present course though it must end in disaster.”

Thus we can see that Ray Crotty knew in 1986 that the European Experience would end in disaster for Ireland, and we currently who are socially conscious, are experiencing a political catastrophe of unspeakable proportions. To repeat he foresaw all this.

But Mr. Crotty did not leave it there, he used his considerable intellect to propound a way forward, an analysis which we know all too well was never followed. His solution could be applied even now, if only we found the will and the determination. His formula for economic and moral salvation runs as follows:

“It is not difficult to identify the nature of the change that is necessary to transform Irish undevelopment into development. That change is determined by the character of capitalist colonial undevelopment and the mechanism of its implementation, as analyzed here. It involves essentially eliminating capitalist colonial privilege and its associated disabilities which are maintained by a state that is the direct descendant of and heir to England’s Dublin Castle rule in Ireland. Producers are charged too little for land and capital and too much for labour. ……All taxes should be removed from labour (PAYE & PRSI) and the things that labour buys (VAT). Tax revenue from land and from the financial system (Banks, Insurance Companies and Building Societies) should be maximized. In addition, in order to save revenue and to preclude further borrowing by corrupt and corrupting politicians, the public debt should be repudiated. …..The proposed fiscal changes would transform Ireland’s undeveloping economy into a developing one. Given that transformation, it would be feasible to reappraise critically the Irish state. The state is the enemy of the nation and has been the cause of its undevelopment. But even as the nation has been undeveloped by the state’s actions, the people have looked more and more to the state to remedy the situation.”

In the year of our lord 29th. October 2009 The Irish people somehow must start rejecting the local/international enemy now robbing the national coffers. Raymond Crotty cries out from the past and his call in 1986 (in hindsight) was prophetic, insightful and true. He was not listened to then and we are paying the consequences. It is never too late to admit one was wrong, to brush oneself down and learn to start again, but this time can we move onto the right road, not some media induced, delusional escape hatch? Can we run the enemy within, out and redevelop ourselves? History shows that all things are possible, particularly to those who wait and act with a sense of the time and moral destiny.

Reference:

“A Radical’s Response”

Raymond Crotty

Poolbeg Press

Dublin 1988

Postscript

“Everyone carries a part of society on his shoulders,” wrote Ludwig von Mises, “no one is relieved of his share of responsibility by others. And no one can find a safe way for himself if society is sweeping towards destruction. Therefore everyone, in his own interest, must thrust himself vigorously into the intellectual battle.”

Ludwig Von Mises

The Austrian School of Economics

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