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Search Results: corporations

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  • ECONOMICS

    Morality is back on the economic agenda

    • Andrew Hamilton
    • 20 September 2016
    4 Comments

    It is a welcome change to see budgets spoken of in moral terms. The government recently insisted on a moral responsibility to future generations to fix the deficit. And the Australian Catholic bishops welcomed on moral grounds the compromise that saw dropped from the budget measures which would further disadvantage vulnerable people. The difference was that the government's argument was focused on the budget, whereas the bishops' focused on particular groups of people.

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  • AUSTRALIA

    Treaty holds the key to robust environmental law

    • Bronwyn Lay
    • 09 September 2016
    17 Comments

    When I read this week that Tony Abbott and John Howard will hear no talk of a Treaty with Aboriginal Australia, my first thought was 'Who listens to these blokes from ancient political history?' Abbott conceded that it is important to recognise Indigenous Australians were here first, 'But once it goes beyond that I think you open up all sorts of other things.' That is true, and those other things to be opened up are incredibly legally exciting and relevant to our times.

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  • ARTS AND CULTURE

    Forget conspiracies and own your complicity

    • Ellena Savage
    • 08 August 2016
    4 Comments

    The talking heads say the same things I once heard on Illuminati documentaries. In place of Pharrell Williams making suspicious hand gestures though, the blame for the unpleasant outcomes of a healthy free market is bestowed on the western world's maligned: refugees, Indigenous people, queer people, the working poor. These talking heads, who feel desperate and inferior because they have never contributed anything to anyone other than themselves, are eschewing their complicity in harm.

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  • ENVIRONMENT

    Environmentalists' potential allies on the populist right

    • Greg Foyster
    • 03 August 2016
    6 Comments

    The neoliberal right is losing political power to the populist right, which isn't filled with the same ideological zeal for free-market capitalism. Suddenly debates can expand beyond the narrow confines of economic growth. Moral and social arguments won't be relegated to the intellectual fringes anymore. Mainstream parties of the left and right, both of which bought into the neoliberal agenda, will have to break their bipartisan dismissal of discontent with the side effects of globalisation.

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  • AUSTRALIA

    What matters after the election is decided

    • Andrew Hamilton
    • 04 July 2016
    17 Comments

    After a plodding election race the stewards have called for a photo. But it looks more likely that Turnbull will be able to form a government. If so, he will need to address the interlocking challenges that we face in order to leave our children a world of possibility. The hope will be muted because both major parties promised little or nothing to address them. But we can take heart that there is certain to be an independently minded senate that can consequently strike down bad policies, and keep asking what kind of an Australia we want.

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  • ECONOMICS

    Beyond Brexit doomsday myths

    • David James
    • 28 June 2016
    15 Comments

    Had Greece decided to exit the EU last year the consequences would have been far greater than Brexit, because Greece uses the euro, whereas Britain has the pound. British interest rates are not set in Brussels, they are set by the Bank of England. And it has an independent fiscal and budgetary system, to the extent that it is possible. The British government has been imposing 'austerity' measures because it subscribes to neoliberal orthodoxy, not because it is being told to do so by Brussels or Germany.

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  • ECONOMICS

    How financial markets are stymying climate action

    • David James
    • 15 June 2016
    7 Comments

    There is little doubt that the means to dramatically reduce the amount of pollution produced by developed economies is already theoretically available. It is perfectly possible to redesign industrial systems so that they do not pollute and do not consume finite resources at a rate that is unsustainable. But it requires a radical shift - and the biggest barrier to that shift occurring, the financial markets, is barely even mentioned in discussions of the challenge.

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  • AUSTRALIA

    'Elitist' democracy not the answer to Trumpism

    • Jeff Sparrow
    • 08 June 2016
    9 Comments

    Will Clinton defeat Trump? Perhaps - but the polls already show him doing far better than anyone expected. More importantly, an electoral loss might mean the end of Donald Trump but it won't destroy Trumpism. The constituency into which the Donald has tapped will almost certainly grow under the administration of a corporate Democrat like Clinton, even if it manifests in a different form. And what then? How much larger and heftier will the barriers against the popular will have to become?

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  • AUSTRALIA

    Banking royal commission is popular, not populist

    • Andrew Hamilton
    • 26 May 2016
    7 Comments

    The evidence of misbehaviour by banks has become public at a time when the underlying ideology has also been criticised. The inherent unlikelihood that an economy based on individual greed will benefit the whole of society is now patent. It is seen as much more likely that unregulated competition for material gain will lead to the concentration of wealth in the hands of the wealthy and powerful. Evidence now suggests that inequality hinders the economic growth it was presumed to nurture.

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  • RELIGION

    Catholic bishops deliver election year ethical wedge

    • Andrew Hamilton
    • 19 May 2016
    13 Comments

    The bishops speak less trenchantly than Pope Francis, who criticises sharply the assumptions and practices of neoliberal economics. But in the context of this election, they add their voice to that of those who are concerned about economic assumptions that enrich the few and exempt corporations and business from social responsibility. Their statement will encourage those who see the now notorious behaviour of banks, finance business and corporations as symptomatic of a vicious economic ideology.

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  • RELIGION

    The divisive life of a pacifist priest

    • Andrew Hamilton
    • 04 May 2016
    18 Comments

    By many United States Jesuits including military chaplains, Dan Berrigan was seen as a divisive figure. I also found his actions challenging. I was still to move from my concentration on the goals of military action to focus on what happens to people who make war and have it made on them. Berrigan and others helped me to see the dishonesty in the conduct of the Vietnam war, the cost to Vietnamese civilians and to soldiers on both sides, and the corruption of ethical sensitivity in both societies.

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  • AUSTRALIA

    The bleeding obvious about homelessness

    • John Falzon
    • 30 March 2016
    11 Comments

    The Prime Minister wants us to be clever. Well how about we make sure everybody's got a place to call home? The problem of homelessness and the shortage of social and affordable housing is so huge that we need a massive solution and a massive financial commitment if we want to lay claim to being civilised and fair, let alone smart and innovative. This is why, among things such as reforms to negative gearing and capital gains tax, we need a $10 billion social and affordable housing fund.

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