Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

I have been heckled more than the guests, which is unusual. I would like Mr. Murphy to respond to my next point. Is there a contradiction at the heart of his argument? He wants more Keynesianism and investment but is against the financial markets which supply that investment. He wants more investment, and I assume that he also wants borrowing at times, but he views the very forces that will supply that as being authoritarian, capable of shock therapy and so on. There is a fatal contradiction in his argument. He is fundamentally against the people who can supply what he seeks. He is against global capitalism and he is against capitalism itself as it is currently organised. However, it is capital that supplies what he seeks, such as investment. In the face of his inability to resolve the contradiction, he has taken his argument to a different space by saying that these institutions are to blame and we must fight against them.

In my view the institutions are trying to ensure we do not get to a point where we fall foul of the very forces they are against.