Search Results: capitalism

  • AUSTRALIA

    Looking for depth in the selfie

    • Ellena Savage
    • 31 October 2014
    4 Comments

    I take a lot of selfies. Some of them are silly, coquettish, dramatic. Others are just my face looking into my computer, sitting where I work, dressed in work clothes. They mean more or less nothing. They’re just an inane collection of data on my laptop, or too easy self-portraits. Nothing means nothing, but it says something about the culture. 

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  • MARGARET DOOLEY AWARD

    Inequality matters

    • Harry Maher
    • 20 August 2014
    14 Comments

    Inequality is dangerous. And inequality is at a near all-time high. At its core, the Government’s recent budget not only engenders but actively exults in the creation and maintenance of inequality, a phenomenon rapidly expanding not just in Australia, but around the world.

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  • ECONOMICS

    SMSFs offer 'pension fund socialism'

    • David James
    • 13 August 2014
    1 Comment

    In 1976 management thinker Peter Drucker said the real owners of the stock market were workers, through their pension funds. A similar broadening of ownership has occurred in Australia since the creation of compulsory superannuation. But intermediaries called fund managers still stood between the people and ultimate control of their financial destiny, until the rise of the Self Managed Super Fund (SMSF).

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  • ECONOMICS

    Commbank plunder part of new world economic order

    • David James
    • 07 July 2014
    7 Comments

    As the Pope and economist Thomas Pikkety have observed in recent times, the inequity created by capitalism is a growing concern. But the problem with this argument is that 'capitalism' is too broad a term. The attack would be far better directed against the financialisation of developed economies. A new type of sovereign has emerged, and like all rulers they are cheerfully engaging in acts of plunder.

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  • AUSTRALIA

    The capitalist and the Pope share a common enemy

    • Michael Mullins
    • 23 June 2014
    6 Comments

    Earlier this month, Pope Francis once again blasted capitalism. But it is not true that all business leaders dismiss those who appear chronically unproductive. Thursday's Vinnies' CEO Sleepout included investment bankers and other capitalist 'true believers', and now venture capitalist Mark Carnegie is proposing a war against growing inequality and disengagement, as if he is on a unity ticket with the Pope.

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  • RELIGION

    The peacemaker pope

    • Bruce Duncan
    • 24 April 2014
    7 Comments

    Quite striking is the similarity between the warm response to Pope John XXIII half a century ago and to Pope Francis today. Both broke through the gilded cage of outdated conventions and stereotyped expectations. Both stepped over barriers of ideology or religion to evoke bonds of a common humanity committed to promoting the wellbeing of all people, especially the poor and marginalised. The contexts were of course quite different.

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  • ECONOMICS

    Deciphering capitalism's corrupt metaphors

    • David James
    • 07 February 2014
    15 Comments

    'All animals are equal, but some animals are more equal than others'. This was George Orwell's parody in Animal Farm of the vicious use of language in communist states. It was one of his memorable depictions of how the absurdities of language not only reflect evil, but also predicate it. Language was a tool of oppression in communist states. In capitalism it is no less vicious.

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  • INTERNATIONAL

    Obama's cannabis defence illuminates NSW booze laws

    • Ruby Hamad
    • 03 February 2014
    7 Comments

    In a nation still divided bitterly along race lines, blacks, and to a lesser extent Hispanics, bear the brunt of America's prisons-for-profit program. The perils of mandatory sentencing should serve as a warning to NSW, which has announced mandatory minimum sentences as a response to alcohol-fuelled violence. The question is not which drug is more dangerous, but how society chooses to deal with each one and why.

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  • ARTS AND CULTURE

    Best of 2013: Lament of the 21st century man

    • Michael McVeigh
    • 06 January 2014
    1 Comment

    His body itself is a symbol of his inherited power and privilege. He hears women talk about being afraid to go out at night alone. He sees the great strides women have made in the workforce, yet sits in management meetings where nine out of ten leaders are men. He sees bikini clad women on his television screen and feels guilty at admiring their bodies.

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  • RELIGION

    Is the pope a Marxist?

    • Neil Ormerod
    • 17 December 2013
    27 Comments

    Pope Francis' vision for the church of the poor is now joined to a stinging critique of our globalised economy which promotes a 'new tyranny' of unfettered capitalism and an attack on the 'idolatry of money'. While such language has not been uncommon, buried in the riches of Catholic social teaching, this pope has made it up front and centre stage of his message.

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  • AUSTRALIA

    The Christmas story's whisper from the edges

    • John Falzon
    • 17 December 2013
    13 Comments

    Recently Pope Francis blasted the so-called trickle-down economic theories in his apostolic exhortation Evangelii Gaudium. Some will scorn his message as naive at best and dangerous at worst, while others will regard it as an urgent enkindling of hope in the face of degradation and despair. The Christmas story hints that another kind of world is possible.

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  • AUSTRALIA

    Who killed the car industry?

    • Ray Cassin
    • 13 December 2013
    33 Comments

    The immediate responsibility for this looming economic disaster rests with the Abbott Government, and not merely because of its use of a bullying speech in Parliament by the Treasurer, Joe Hockey, to goad Holden into announcing a decision that its masters in Detroit had probably already taken. In the longer term, this should be seen as a bipartisan disaster. What happened this week was the culmination of a process that began under Hawke.

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