Search Results: finance

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  • AUSTRALIA

    Rethinking care work key to closing gender pay gap

    • Kate Galloway
    • 25 November 2016
    2 Comments

    Civil society requires care work. All of us, at various stages of our lives, will be dependent on others for our daily needs. Most of us will likewise care for others at some point. The challenge is how to allocate caring responsibilities throughout society, while allowing also for the paid work that secures economic independence. At the moment the tacit expectation that women will do unpaid care work - and that men (theoretically) are unburdened by care work - contributes to economic inequality.

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  • INTERNATIONAL

    Understanding Trump the businessman President

    • David James
    • 10 November 2016
    17 Comments

    The first step for a business person is to make the sale, usually by over-promising and tapping into the emotional triggers of the customer. That is what Trump did. Over and over, he assured everyone that electing him would be 'fantastic'; he would deliver; customer-value is in the bag. The next step, once the sale is made, is for a hard financial logic to be applied. Trump's hype will be, at the very least, toned down. Once the customer has coughed up, business people typically become extremely pragmatic.

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  • AUSTRALIA

    Left shares blame for the rise of the rogues

    • Fatima Measham
    • 16 October 2016
    12 Comments

    Much has been made about how Republicans benefited from the 'birther' campaign and the Tea Party. It suited them to have proxies undermine the executive branch. In other words, the political right only has itself to blame for the nihilism which now engulfs it - and potentially, the nation. But the failures of the left also bear examination. While Clinton's current lead cannot be attributed entirely to her virtues, the polling gap between her and Trump should have been much wider, earlier.

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  • AUSTRALIA

    Responsibility for royal commissions' effectiveness lies with us

    • Ann Deslandes
    • 11 October 2016
    2 Comments

    'Finally!' we might think, regarding the commencement of the royal commission after the mainstream revelation of the abuses at Don Dale and other juvenile detention centres. But is this just another deferral to a disinterested power? What can we hope will come of moves like this from leaders whose own legitimacy feels so craven and thin? I suspect not much. There are already claims the royal commission into the protection and detention of children in the NT is on shaky ground.

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  • ECONOMICS

    It will take more than a royal commission to tame the banks

    • David James
    • 10 October 2016
    2 Comments

    The strategy of the Big Four banks' appearance in parliament was clear enough. Blame the whole thing on a need to improve impersonal 'processes', imply that there have been a few bad apples but overall things are fine, and promise to do better in the future. The greatest challenge was probably to hide the smirks. A royal commission is being held up as an alternative, and no doubt it would be more effective. But a royal commission would not address the main issue.

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  • ARTS AND CULTURE

    Antiheroes of the Bush-Cheney arms boom

    • Tim Kroenert
    • 25 August 2016

    War Dogs is the latest in a string of films from the past few years that are custom made for our cynical times; deeply ironic black comedies and dramas featuring antiheroes who profit to the point of excess off the misery of others. Where those films dealt with the finance industry and gained relevance from the backdrop of the Global Financial Crisis, this one shifts focus to the grimier world of arms dealing, in the context of Bush era conflict in Iraq and Afghanistan.

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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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  • 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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  • AUSTRALIA

    'War on business' rhetoric echoes '07 union bashing

    • Brendan Byrne
    • 27 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

    Elder abuse thrives on silence

    • Andrew Hamilton
    • 16 June 2016
    12 Comments

    We all know elderly people who are healthy, active, and blessed with loving families. But the image represents only part of the reality of old age. Many elderly people are ill, have lost their partners, live alone with little connection to their families, suffer from incipient dementia, and are dependent on others for the daily business of living. If they appear at all in the media, it is usually in bad news stories. They are seen as people different from us. A significant minority of older people, too, suffer from abuse.

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  • AUSTRALIA

    A closer look at the AFP's shady Labor raid

    • Justin Glyn
    • 01 June 2016
    14 Comments

    It has puzzled me that the constitutional implications of the AFP's raid on the offices of the official opposition and one of its senators two weeks ago has not been explored in more detail. The uncomfortable fact is that the leaks about which NBN Co is complaining are not damaging because they relate to competition nor to national security, but because they expose cost overruns and reflect badly on the government of the day - the same government which holds all the shares in NBN Co.

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  • AUSTRALIA

    Setting subeditors' slights to rights

    • Brian Matthews
    • 25 May 2016
    6 Comments

    Under election campaign pressure, some names have been misprinted. Mr Malcolm Ternble of Naracoorte wishes to point out that he has not made any public statements on negative gearing and is unsure what negative gearing means. The error was made by a Gen Y subeditor and should have read 'Prime Minister Malcolm Ternbull'. The Foreign Minister was cited as Ms Julia Bishop. The correct nomenclature is Ms Julia Bronwyn. Ms Bronwyn was inaccurately described as a part-time helicopter pilot.

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