Search Results: infrastructure
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AUSTRALIA
- Julie Edwards
- 18 January 2022
2 Comments
The images are simultaneously striking and terrifying. A raging grassfire that is shooting flames into the sky and destroying nature around it and lapping perilously close to the fences around Central NSW’s Lithgow Correctional Centre. As local residents were evacuated and highways were closed to protect public safety when the fire raged out of control just before Christmas in 2019, 400 prisoners remained detained.
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ECONOMICS
- David James
- 08 November 2021
4 Comments
The Glasgow United Nations Climate Change Conference has been advertised as an effort to focus on sustainable environmental solutions. What got much less attention, if any, is that it is probably at least as much about having a sustainable financial system. Many noted that China, did not send its leader: Xi Jinping, president of the world’s greatest CO2 emitter. There was also another significant absence: the financiers who are hoping to profit from the trillions allocated into climate change projects.
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ENVIRONMENT
- Greg Foyster
- 18 October 2021
16 Comments
In July this year the UN ranked Australia dead last out for climate action out of more than 170 countries surveyed. Yes, our federal government’s climate policies are literally the worst in the world. But while Australia is a global laggard in reducing pollution, we’re something of a leader in covering up this failure and getting away with it.
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ECONOMICS
- David James
- 07 September 2021
4 Comments
There is a three-way battle looming over the future of money and the stakes could scarcely be higher. Conventional money, mainly debt created by banks — the ‘folding stuff’ is only a tiny proportion of the total — is in trouble. Total global debt is now so large relative to the world economy it cannot be serviced, which is why monetary authorities have resorted to dropping interest rates. When they almost hit zero, the next step was quantitative easing (QE): printing money by getting the central bank to buy back government and corporate bonds and putting them on its ‘balance sheet’.
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ECONOMICS
Our economy is 1.1 per cent larger than a year ago. Yet, as the situation in Victoria reminded us, none of us are safe unless all of us are safe. And we cannot be safe while work remains increasingly insecure, while social security payments are inadequate and while our public infrastructure is found wanting.
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ECONOMICS
In a recent speech to business leaders, Prime Minister Morrison made the remarkable claim that ‘we are going to meet our [climate change] ambitions with the smartest minds, the best technology and the animal spirits of capitalism.’ This is straight from the neoliberal playbook, the doxa that the role of government is to get out of the way to make room for those animal spirits so as to pander to the fantasies of the wealthy few.
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INTERNATIONAL
- Binoy Kampmark
- 13 April 2021
2 Comments
In May 2019, Adani Ports entered into an agreement to construct, operate and transfer land held by the Myanmar Economic Corporation (MEC) military conglomerate for 50 years in an investment valued at US$290 million. Such corporate conduct has broader implications. Investing in Adani is not only environmentally unsound but imperilling of human rights.
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ECONOMICS
- David James
- 08 April 2021
5 Comments
It is one of the ironies of Australian political history that a policy that has profoundly benefited this country’s version of capitalism came, not from the right, but from the Labor party and unions. The mandating of superannuation payments in 1992 under the Keating government has profoundly changed Australia’s financial system.
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RELIGION
- Kerry Murphy
- 25 March 2021
6 Comments
Pope Francis is the first Pope to ever visit Iraq. Although Pope Francis only spent three days in Iraq, his visit received much attention and support from the Iraqi Government and was of major interest to Iraqis both in Iraq and here in Australia. I spoke with several Iraqis in Australia in order to hear their thoughts on this historic visit.
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INTERNATIONAL
- Binoy Kampmark
- 23 March 2021
4 Comments
The COVAX (COVID-19 Vaccines Global Access Facility) scheme, touted as a levelling measure against inequalities in vaccine access, is looking increasingly faulty. But one suggested mechanism to assist in achieving vaccine equity lies in the field of intellectual property rights.
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ECONOMICS
- Joe Zabar
- 24 September 2020
3 Comments
The havoc COVID-19 has wreaked on our economy has been less damaging than for some other countries. While international comparisons may help us feel better about our circumstances, the reality is that Australia’s economy is in trouble and will need more than economic first aid through measures like JobKeeper to get us back on track to recovery.
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ARTS AND CULTURE
- Julie Perrin
- 18 August 2020
31 Comments
The capacity to story our experience is a powerful tool for reflection and understanding. As adults we learn that no story is pure and we are capable of telling ourselves spin, but the shaping of experience into story is the bread and butter of our lives. Narrative, it has been said, is a primary act of mind.
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