Search Results: corporate responsibility

  • ECONOMICS

    Compound interest is the root of banks' evil

    • David James
    • 04 December 2018
    7 Comments

    The problem goes much deeper than a few crooked operatives and it will not be fixed by changing the corporate 'culture'. The fundamental evil is the arithmetic of compound interest. Interest on debt rises exponentially, while economic activity is linear. That means that sooner or later those in a weaker position are unable to pay.

    READ MORE
  • ARTS AND CULTURE

    Cue God's applause

    • Barry Gittins
    • 20 November 2018
    8 Comments

    I am holy, no, to discriminate? But by doing so, I self-incriminate. I doubt the loud denouncing will dissipate before the promised election falls.  

    READ MORE
  • AUSTRALIA

    Banking on the common good

    • Andrew Hamilton
    • 15 August 2018
    7 Comments

    If trustees don't understand the meaning of trustworthiness, all the penalties in the world won't encourage them to act in a trustworthy manner. What is needed is conversion — the recognition that the good of each individual depends on their seeking the common good, and the determination to ensure that this vision permeates corporations.

    READ MORE
  • RELIGION

    Accountability a virtue in churches and banks

    • John Warhurst
    • 22 May 2018
    33 Comments

    General apologies don't go far enough. Compensation is necessary, but also not enough. The reputation of the church would now be higher if there were more obvious signals of accountability by those in charge. The offer of resignation made as a group to Pope Francis by the entire Chilean hierarchy is a breath of fresh air.

    READ MORE
  • INTERNATIONAL

    What comes next for surveillance capitalism?

    • Lizzie O'Shea
    • 16 April 2018
    3 Comments

    Whether Facebook fails or succeeds beyond the Cambridge Analytica scandal is somewhat beside the point - we are finally starting to have discussions about the desirability of their business model. Because of course, Facebook is not the only company that strip mines data with almost sociopathic disinterest.

    READ MORE
  • ENVIRONMENT

    Another page torn from the glossary of life

    • Fatima Measham
    • 29 March 2018
    10 Comments

    The last male northern white rhinoceros was euthanased in March. With two females still alive, there is hope the subspecies might be saved. The impending loss of an animal that evolved over six million years, and once grazed in hundreds of thousands, is worth noting. There can be room in our hearts to lament.

    READ MORE
  • AUSTRALIA

    Cricket cheats blind to the common good

    • Andrew Hamilton
    • 26 March 2018
    24 Comments

    As with any activity that involves many people, cricket is shaped by multiple relationships. I would not expect that cricketers be able to articulate what is entailed in these relationships. But I was surprised that some dim awareness of their importance did not make the players hesitate before launching on such a daft adventure.

    READ MORE
  • AUSTRALIA

    Gerroa Jack's irreplaceable gift

    • Andrew Hamilton
    • 31 January 2018
    12 Comments

    It is tempting to say that Jack and his mates should cease from their work and press the local council or state government to take responsibility for cleaning the beach, so obviating the need for volunteers. The council does indeed provide and empty rubbish bins at various entry points to the beach. But imagine what might be lost.

    READ MORE
  • RELIGION

    Seeking a true new start for all job seekers and workers

    • Frank Brennan
    • 08 November 2017

    'We need to recommit to work for all those who are able and willing. We need to recommit to social assistance for all those who are not able. We need to ensure that a life of frugal dignity is within the grasp of all citizens.' 2017 Rerum Novarum Oration by Fr Frank Brennan SJ

    READ MORE
  • RELIGION

    Family matters: Strengthening respectful relationships

    • Frank Brennan
    • 26 June 2017
    6 Comments

    Here in Ballarat, you know better than most other Catholics that respectful relationships in the church community have been rent asunder by the depredations of child sex offenders whose exploits went unchecked by those ordained to exercise tradition, authority, teaching and discipline. We will strengthen respectful relationships only with a voluntary commitment to truth, justice and healing — and not one forced by a royal commission or public odour. 

    READ MORE
  • ENVIRONMENT

    When cricket, work and Catholic teaching collide

    • Andrew Hamilton
    • 07 June 2017
    5 Comments

    To consider cricket as work would strike many people as odd. They would see it as a hobby, a recreation, a game or a calling. Professional sportspersons receive little attention in Catholic social thought, which is a pity because a Catholic understanding of work provides a helpful perspective. Its crucial insight is that work is a human activity, and that each human being is precious, unique and needs to be respected. Neither people nor work can be seen as means to an economic end, or as expendable.

    READ MORE
  • AUSTRALIA

    Building social justice through shareholder advocacy

    • Ann Deslandes
    • 26 May 2017
    4 Comments

    Wealth inequality in Australia is flourishing. The top one per cent of household wealth in Australia is moving toward being 20 per cent of total wealth, and the country is a preferred destination for millionaires. With a government that prefers to impoverish and vilify the disadvantaged and spend big on coal mines, this does not look likely to shift. But there are always other paths to social justice, and in Australia one may be through the millionaires - or at least the companies on which their fortunes are built.

    READ MORE

We've updated our privacy policy.

Click to review