Folks, I have been examining the matter of the European single currency. Ireland is poised to join it. There are those that say that joining will entail surrendering the power of the Irish state to more freely manage economic policy --monetary, interest rate policies etc. They argue that single currency that will lead to declining living standards. My view is that the conflict between those who are for or against joining up is an inter-capitalist conflict or fight as to how best serve the interests of capital. It is not the business of revolutionaries to opt for one or the other means of "managing" the capitalist economy. It is the business of revolutionaries to opt for socialism and thereby the abolition of all currencies --neither one or the other but socialism. Rebecca
