Welcome to Eureka Street

back to site
Forgot your password?
Subscribe

Keywords: Just Economy

  • AUSTRALIA

    Civilisation beyond the con of neoliberalism

    • Andrew Hamilton
    • 26 June 2018
    35 Comments

    Just in time to arrest ponderous musings about Western Civilisation, up jumps Denniss' cheeky funeral oration for the neoliberal settlement. His target is the assumption that an economy based on unregulated competition between individuals will benefit society. He does not spend time arguing with the theory, but points to the results.

    READ MORE
  • RELIGION

    Matching action to social justice rhetoric

    • Andrew Hamilton
    • 21 February 2018
    9 Comments

    The World Day of Social Justice greets a year when social justice is returning to favour. Bank executives begin to own their social responsibilities. Liberal economics begin to be seen, not as the condition for a productive economy but as a barrier to it. That is the rhetoric. For governments, though, it is business as usual.

    READ MORE
  • INTERNATIONAL

    Different country, different culture (or how different legal systems view deal-making)

    • Frank Brennan
    • 12 October 2017

    In the 16th century it was the Dominican friars like Vitoria, Las Casas and Montesino in Salamanca who confronted the state and challenged public opinion about the rights of the indigenous peoples in Spain's newly colonised lands. Not even the most nostalgic and forgiving Jesuit would opine that the modern practitioners of Morality with a capital M challenging the powers of the market and the state would be found in a modern monastery.

    READ MORE
  • RELIGION

    Developing an inclusive and sustainable economy

    • Frank Brennan
    • 11 September 2017
    2 Comments

    The real call of Everyone's Business is to move beyond them and us to admitting that there is only us. If we are truly to build an inclusive and sustainable economy, it can't be just those in full time paid employment who are part of that economy. We take seriously the principles of neo-liberalism, letting the market decide. But we set limits on the market for the common good.

    READ MORE
  • RELIGION

    Bishops call for an economy that serves all

    • Andrew Hamilton
    • 06 September 2017
    11 Comments

    The general argument of the Australian Catholic Social Justice Statement on the economy is that Australia is a wealthy economy in which too many people are marginalised. In response to the litany of neglect and abuse that it details, the statement calls for a new view of the economy as the servant of people, and not vice versa.

    READ MORE
  • ECONOMICS

    Beyond fake news lies the fog of fake figures

    • David James
    • 02 May 2017
    6 Comments

    Fake news aside, increasingly, we live in a world of fake figures. There is a cliche in management that 'what gets measured gets done'. In public discourse that might be translated to 'what gets measured is considered real'. One obvious fake figure is GDP, which is taken as a measure of national wellbeing. In fact, it is just a measure of transactions. If money changes hands because something disastrous happens then GDP will rise. That is hardly an indicator of national wellbeing.

    READ MORE
  • AUSTRALIA

    Waiting for the trickle down effect

    • Frank Brennan
    • 10 April 2017
    16 Comments

    In an age of 'budget repair', social policy risks becoming just a sidebar to economic policy which is a contest of ideas about how best to grow the size of the pie thereby providing a slice for 'the deserving poor' without having to redistribute too much of the pie, while 'the undeserving poor' drop off the edge as they would have anyway. For those of us schooled in Catholic social teaching, the so-called 'undeserving poor' are the litmus test of our commitment to the human dignity of all persons.

    READ MORE
  • AUSTRALIA

    Swift injustice in modest penalty rates proposal

    • Fatima Measham
    • 02 March 2017
    13 Comments

    The Fair Work Commission decision on penalty rates removes any doubt that young people might have still had about their place in the economic order. The four-yearly review of awards in hospitality, fast food, retail and pharmacy found that Sunday penalty rates 'do not achieve the modern awards objective, as they do not provide a fair and relevant minimum safety net'. But whose safety net? Unfair to whom? These industries are already notorious for exploiting young workers.

    READ MORE
  • AUSTRALIA

    Catholic voices against runaway capitalism

    • Michael Walker
    • 20 February 2017
    20 Comments

    The presidency of Donald Trump should bring a renewed focus on the dangers of unbridled capitalism. The Catholic Church has a rich trove of teachings on the subject that have been missing in action for the past 30 years. Now is the time for a well-articulated Christian message addressing such issues as widening wealth inequality fuelled by stagnant wage growth, the privatisation of public services, the financialisation of the economy (which fuels both of those trends), and tax justice.

    READ MORE
  • AUSTRALIA

    Horror year of state care abuse justifies intervention

    • Oliver Jacques
    • 27 January 2017
    10 Comments

    Allowing the Catholic Church to investigate itself was once described by an abuse victim as akin to 'putting Dracula in charge of a blood bank'. The Church now largely accepts the value of outside scrutiny, and has even endorsed a national redress scheme that would subject it to independent examination of its complaint handling and treatment of victims. But there is another institution - plagued by rampant child abuse in 2016 - where the vampires in charge are still trusted to mop up the blood.

    READ MORE
  • INTERNATIONAL

    Fall of Aleppo caps off wretched 2016

    • Jeff Sparrow
    • 16 December 2016
    12 Comments

    Assad's victory epitomises, in a sense, the reactionary tide prevailing just about everywhere in this, the Year of the Donald. The hopes raised during the Arab Spring have, it seems, been crushed, with the Syrian regime consolidating its grip over a nation it has oppressed for so long. Yet Aleppo also illustrates how little the Right's victories have actually settled. The Right's biggest asset is often the Left, with progressives seemingly determined to validate all the smears levelled against them.

    READ MORE
  • INTERNATIONAL

    Theresa May's disingenuous Saudi stance

    • Daniel Read
    • 12 December 2016
    7 Comments

    The British Prime Minister is many things. Depending on which side of the political spectrum you're on, she's either a trailblazing female politician set on reclaiming Britain's independent role in Europe, or just another callous, career orientated Conservative ill-suited to the challenges at hand. One quality she does appear to possess, however, is a degree of honesty, particularly when it comes to Britain's controversial take on human rights and foreign trade. Or does she?

    READ MORE