Welcome to Eureka Street

back to site
Forgot your password?
Subscribe

Keywords: Hoarding

  • ECONOMICS

    The battle for the future of money

    • David James
    • 07 September 2021
    4 Comments

    There is a three-way battle looming over the future of money and the stakes could scarcely be higher. Conventional money, mainly debt created by banks — the ‘folding stuff’ is only a tiny proportion of the total — is in trouble. Total global debt is now so large relative to the world economy it cannot be serviced, which is why monetary authorities have resorted to dropping interest rates. When they almost hit zero, the next step was quantitative easing (QE): printing money by getting the central bank to buy back government and corporate bonds and putting them on its ‘balance sheet’. 

    READ MORE
  • ECONOMICS

    We need to rebuild our social foundations

    • John Falzon
    • 15 June 2021
    4 Comments

    Our economy is 1.1 per cent larger than a year ago. Yet, as the situation in Victoria reminded us, none of us are safe unless all of us are safe. And we cannot be safe while work remains increasingly insecure, while social security payments are inadequate and while our public infrastructure is found wanting.

    READ MORE
  • INTERNATIONAL

    Vaccine equity and the intellectual property wars

    • Binoy Kampmark
    • 23 March 2021
    4 Comments

    The COVAX (COVID-19 Vaccines Global Access Facility) scheme, touted as a levelling measure against inequalities in vaccine access, is looking increasingly faulty. But one suggested mechanism to assist in achieving vaccine equity lies in the field of intellectual property rights.

    READ MORE
  • ARTS AND CULTURE

    That first sanctuary

    • Ian Smith
    • 21 July 2020
    1 Comment

    He enters a university library at thirty-five feeling like an imposter, rougher-hewn from suffering than most students, wrapped in an aura he thinks religious pilgrims experience shuffling along echoing naves of Gothic cathedrals, sombre, joyous.

    READ MORE
  • ARTS AND CULTURE

    After eyes tight shut

    • Tony London
    • 12 May 2020
    1 Comment

    We have always lived thus, in our heads. Bone domes, impenetrable to others, we might project animus, animation, add to Duncan’s questioning. The mind’s construction in the face, enigmatic, Rubik cube with sixteen squares on each face, so any signs I give are laced, graced with ambiguity.

    READ MORE
  • ARTS AND CULTURE

    The joy of one step after the other

    • Angela Costi
    • 14 April 2020
    4 Comments

    She is sitting on the edge of a mountain in the Annapurna, her face, away from the camera, her gaze, focused on the Lamjung peak, experiencing a moment of peace like many before and many after. The seconds could be hours could be days, the weather could be challenging or kind, she could be alone or surrounded by trekkers. It has taken careful hoarding of time and money to be sitting there framed by sky and snow.

    READ MORE
  • AUSTRALIA

    We are all in this together

    • Cristy Clark
    • 12 March 2020
    24 Comments

    This behaviour did not come out of nowhere. It has been carefully cultivated through over 40 years of neoliberal economic policies that have made it blatantly clear to people that they are on their own and will absolutely be left to fall if they don’t scramble their way to the top of the heap — supported, if necessary, by their own accumulated rolls of toilet paper.

    READ MORE
  • INTERNATIONAL

    Food waste in the age of hunger

    • Francine Crimmins
    • 24 February 2017
    2 Comments

    This week the UN announced that more than 20 million people across four African countries face starvation in the coming months. As the World Food Program struggles to feed the starving, they are also reminding people that where there is great need in the world, there is often great waste. In Australia, the Department of Environment and Energy estimates food waste is costing households $8 billion every year. This is twice what the UN predicts it needs to cease a famine in four nations.

    READ MORE
  • AUSTRALIA

    Hoarding and its discontents

    • Brian Matthews
    • 19 September 2016
    7 Comments

    When the skip arrived and a young bloke named Troy backed it into our driveway with insolent ease, I knew the game was up. Months of sporadic, amiable discussions had now reached a suddenly irrevocable conclusion. Our agenda - what to do with 'hoarded' papers and notes, drawers of never-to-be-worn-again clothes, children's picture books and abandoned Lego, decades old back copies of magazines - was called to order by a higher power and my filibustering and equivocations abruptly ended.

    READ MORE
  • ECONOMICS

    How financial markets are stymying climate action

    • David James
    • 15 June 2016
    7 Comments

    There is little doubt that the means to dramatically reduce the amount of pollution produced by developed economies is already theoretically available. It is perfectly possible to redesign industrial systems so that they do not pollute and do not consume finite resources at a rate that is unsustainable. But it requires a radical shift - and the biggest barrier to that shift occurring, the financial markets, is barely even mentioned in discussions of the challenge.

    READ MORE
  • AUSTRALIA

    Homeless Persons Union holds state to account

    • Ellena Savage
    • 15 April 2016
    2 Comments

    When we talk about the 'housing crisis' we are often referring to the plight of young working people and migrants struggling to tap into a property market that has been made a prestige market. This has been incentivised by tax breaks for investors, and is symptomatic of the culture of hoarding family wealth for the purpose of passing down class privilege. The Bendigo Street occupation reminds us that the 'housing crisis' is one and the same as the homelessness crisis; not a crisis of scarcity, but of policy.

    READ MORE
  • ARTS AND CULTURE

    Luther's flawed hardware decisions

    • Brian Doyle
    • 28 January 2015
    27 Comments

    Martin Luther was absolutely correct and right philosophically when he nailed his Ninety-Five Theses to a chapel door in Wittenberg. The Catholic Church was rife with greed and corruption and scandal and lies and theft and devious financial plots, as it still is, and probably always has been. But I maintain that Luther was utterly wrong and incorrect in his choice of tools.

    READ MORE