Since the last edition of Village, in August, the global economy has teetered. From its foundation in 2004, Village has been one of the few local publications that systematically criticised the thrust of the direction of the economy and society. If it did not necessarily predict the at least temporary rout of capitalism then surely it would not have been surprised by it. The new Village takes up where the previous one was suspended.
THE STATE OF PLAY: Talking up the economy is unreal, distorts international perceptions; and risks false budgetary expectations and Germany thinking we don’t need bailout relief – John Gormley