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The Myanmar civil war has left the country devastated. Three years since a military coup, Myanmar is a humanitarian catastrophe. With over 2.7 million people displaced, the UN reported that 18.6 million people need humanitarian aid, 6 million of whom are children. A report from our correspondent in Myanmar.
What does it mean when ideas of scarcity – supposedly the driving principle in understanding supply and demand – are no longer the only or best way to think about economic activity? What is needed to understand the post-industrial environment is a new way of thinking about economics and finance.
It’s that time of year when futurists and prophets play fast and loose, projecting visions rife with both promise and peril, weighing the possible against the improbable. As we contemplate competing pictures of the future, although every forecast risks missing the mark, one thing is certain: 2024 won’t be a year for the faint-hearted.
As the world thawed post-Cold War, a debate raged over global supremacy, with Western powers predicting a unipolar world dominated by liberal democracy. Contrarily, others envisioned a future shaped by cultural and religious divides. In a shifting geopolitical landscape, the echoes of this debate continue to challenge long-held assumptions on global power dynamics.
Amid escalating conflict between Israel and Hamas, the focus should turn to the mounting stockpile of advanced arms. In our bid to secure a world worth living through weapons, we may annihilate it. Disarmament may seem utopian, but the real madness lies in an unchecked arms race.
In a conversation with Eureka Street, investigative journalist Nick McKenzie explores the drivers of human trafficking and sex slavery, examining the intertwined roles of law enforcement, the sex industry, and the migration sector in one of the most pressing social justice issues of our time.
As the economy becomes more focused on monetary exchange, we overlook underlying realities that are hidden from plain sight. Largely invisible aspects of our economic life such as transactionalisation and industrial efficiency are transforming our society and can shape our future in unexpected ways. So what does this mean for the future of capitalism and our society?
The decision by Australia to buy nuclear submarines from the United States and Great Britain inevitably prioritize security over justice, equality, and fraternity. As the world faces the threat of catastrophic global warming, it is time to ask whether submarines are the answer, or whether they distract us from the far greater challenge posed by nature itself.
Any sanctions regime produces uneven effects. Economic sanctions imposed on Russia are not only unlikely to end the conflict in Ukraine, but they are having unintended consequences, encouraging Moscow to be more resourceful and leading to a shift in global energy markets.
Was Russia's removal from the SWIFT system the moment when the global financial system detached itself from reality? The financial system is at risk from unpayable debt and the delusion that money can be created out of money itself, and wider trust underpinning finance is steadily evaporating.
With the launch of ChatGPT, my initial amazement quickly gave way to unease and a sense that something essential could be about to be lost. We will need help to navigate such complexity and considering what is essential to our human nature would be an important place to start.
Threatened with the closure of the local nursing home, leaving elderly residents stranded, locals in Dimboola are selling home-grown produce to raise money to save the facility. And at the same time, they're breathing new life into the local sharing economy.