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Electoral competition in Ireland since 1987The politics of triumph and despair$
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Gary Murphy

Print publication date: 2016

Print ISBN-13: 9780719097652

Published to Manchester Scholarship Online: September 2016

DOI: 10.7228/manchester/9780719097652.001.0001

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Fianna Fáil and the politics of nemesis

Fianna Fáil and the politics of nemesis

Chapter:
(p.129) 6 Fianna Fáil and the politics of nemesis
Source:
Electoral competition in Ireland since 1987
Author(s):

Gary Murphy

Publisher:
Manchester University Press
DOI:10.7228/manchester/9780719097652.003.0007

Chapter six focuses on the Fianna Fáil led government's attempts to fix the economy and stave off political collapse. The property crash and the failure of the banking system brought with a savage economic crisis. Most of the government's plans were based around implementing austerity measures to ease Ireland's colossal debt crisis which magnified significantly once the private debt of the banks became the public debt of the state. They all failed. The economic mayhem in Ireland caused by the greed and recklessness of bankers and property developers alike ended up decimating but not killing off Fianna Fáil. The shambolic nature in which the Fianna Fáil Green coalition collapsed is discussed in this chapter as is the election result itself which saw the Irish people revert back to the traditional and comfortable alternative of Fine Gael and Labour.

Keywords:   Bank Guarantee Scheme, Property crash, Bailout, Troika, Loss of economic sovereignty, Fianna Fáil collapse

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