Search Results: economics

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  • AUSTRALIA

    Market economics not the solution for human services

    • Roland Manderson
    • 11 August 2016
    14 Comments

    There is a joke about a man looking for a coin under a streetlight: he had dropped it elsewhere, in the dark, but was looking under the streetlight because he could see more clearly there. In the same way, the thinking behind the Productivity Commission inquiry into increasing competition, contestability and informed user choice in human services is fundamentally flawed. The complexity and interconnectedness of human services is too challenging for market economics to properly address.

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  • INTERNATIONAL

    The merits of Trump's economic agenda

    • David James
    • 08 August 2016
    15 Comments

    The main legislative catalyst for the GFC was the repeal, in 1999 by Bill Clinton, of the Glass Steagall Act, which had prohibited commercial banks from engaging in the investment business. This allowed the investment banks to indulge in the debauch of financial invention that almost destroyed the world's monetary system. Trump has made the reinstatement of Glass Steagall official policy. Should that happen, it could be the most beneficial development in the global financial system for decades.

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  • ENVIRONMENT

    Environmentalists' potential allies on the populist right

    • Greg Foyster
    • 02 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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  • INTERNATIONAL

    Beyond the myth of the rational voter

    • Fatima Measham
    • 30 June 2016
    8 Comments

    When the democratic exercise is no longer the aggregate of informed, reasoned choices, but a matter of mood, then the business of persuasion - politics - becomes far less about ideas and more about momentary catharsis. This shifts the function of politicians and government, from leading and dispensing equity to masturbatory aid. Even so, there are questions worth asking. But at whose expense are public moods assuaged? After catharsis, what happens next?

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  • AUSTRALIA

    'War on business' rhetoric echoes '07 union bashing

    • Brendan Byrne
    • 26 June 2016
    15 Comments

    Whether or not the person in the now notorious 'fake tradie' ad is or isn't a 'real' tradie is irrelevant. What is relevant is that it is a primary example of the co-option of the language of class struggle and economic justice that has so thoroughly poisoned economic debate in the industrialised West. Implicit within it is a patronising view of the working class that dismisses them as gullible dupes who can be made to entrench the privilege of the few in return for the paltry crumbs of consumer hedonism.

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  • AUSTRALIA

    Positivity key to the new Shorten's rise

    • J. R. Hennessy
    • 29 May 2016
    4 Comments

    Labor has built a small poll lead over the Coalition as led by the eminently more marketable Malcolm Turnbull, and in this case the commentariat are willing to give Shorten and Labor the credit. They're the ones controlling the policy conversation and setting the agenda, and it feels like the government are just responding in turn. Who is this Bill Shorten? This is someone who even a few months ago would be largely inconceivable in the top job, but now seems at the very least plausible.

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  • RELIGION

    Catholic bishops deliver election year ethical wedge

    • Andrew Hamilton
    • 18 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

    Pope Francis' social activism has long roots

    • Bruce Duncan
    • 15 May 2016
    38 Comments

    Pope Francis is determined to highlight the opposition of Christian social thinking to the tenets of neoliberalism or market fundamentalism, an ideology which assumes that free markets of themselves will produce the best outcome, and which pushes aside considerations of social or distributive justice. It is unlikely Francis would be waving the flag of social justice so boldly on the world stage had Pope Leo XIII not written his famous social manifesto, Rerum Novarum, 125 years ago.

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  • AUSTRALIA

    Inequality in Australia is dental as anything

    • Barry Gittins
    • 12 May 2016
    5 Comments

    British research presented at the 2013 International Association of Dental Research posited 'a link between missing teeth and a patient's quality of life' and cited other research on observers' 'perception of men and women with straight and crooked teeth'. Furthermore, research by the Salvation Army in Australia records that 66 per cent of the Salvos' welfare clients could not afford dental treatment and two in five could not afford a yearly dental check-up for their children.

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  • AUSTRALIA

    Budget for a post trickle down theory world

    • Fatima Measham
    • 17 April 2016
    10 Comments

    People are sensitised to government-enabled corporate excess and doubt elected officials are capable and willing to serve their interests. The lesson from the 2014 federal budget is that there are non-negotiables around the function of government: to provide the conditions that ensure the flourishing of all citizens. Yet in terms of future-proofing living standards, the Coalition has so far presided over an ideas bust rather than boom, unless boom is the sound of something spontaneously combusting.

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  • ENVIRONMENT

    Bob Ellis and the other nuclear royal commission

    • Michele Madigan
    • 07 April 2016
    16 Comments

    The passing of Bob Ellis recalls his faithful accompanying of the 1984-1985 royal commission into the British nuclear tests conducted in South Australia in the 1950s and 1960s. His article on the Wallatina hearings described what he named as the commission's 'worst story of all': Edie Milpudie's telling of herself and her family camping, in May 1957, on the Marcoo bomb crater. Re-reading the Ellis article, tears stung my eyes. It's so good when truth is recognised and held up for our freedom.

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  • EDUCATION

    My heroic, dyslexic son

    • Tony Thompson
    • 07 April 2016
    21 Comments

    The school has been supportive, but in this data driven age even the finest teachers are compelled to teach to the vile Naplan tests. Dyslexic kids are put through unbelievable stress with these tests. If deaf kids were compelled to do listening examinations, there would be an outcry. I'm not sure if there's a difference. I'm also not sure if the ever narrowing scope of education can still accommodate students like my son, despite all the talk about diversity and differentiated learning.

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