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Keywords: Just Economy

  • ECONOMICS

    Consequences loom for global debt binge

    • David James
    • 19 January 2016
    11 Comments

    Low interest rates tend to change the understanding of risk; having high debt seems to be less of a problem because the cost of servicing it is lower. This cavalier attitude has been especially evident in Australian households, which have racked up more debt relative to the size of the economy than any other country in the world. The massive appetite for debt has been replicated across the globe. The world may have survived the era of casino money - just - but it is now facing another crisis.

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  • ENVIRONMENT

    Pope Francis and climate justice

    • Frank Brennan
    • 06 November 2015
    1 Comment

    Francis does not pretend to have answers to the big questions which will confront world leaders when they gather in Paris. But he does think the science is IN, and the evidence is clear that much of the climate change, loss of biodiversity and water shortages are the result of human action. We are blessed to have a pope who speaks to all the world about the prudence, justice and empathy required so that more people on our planet might enjoy integral human development.

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  • ENVIRONMENT

    Climate justice demands more than a price on carbon

    • Nicholas Low
    • 04 November 2015
    20 Comments

    Environmental justice will be part of the discussion in Paris this month. The principle of justice says each person is of equal value no matter which nation or ethnic group they belong to. Each Australian contributes 16 tonnes of carbon dioxide per year, while each Bangladeshi contributes a little more than a third of a tonne. If the principle of justice is applied, Australia will have to move from 16 tonnes per person to about a third of a tonne, roughly equivalent to what a Bangladeshi emits now.

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  • AUSTRALIA

    The spider web of disadvantage

    • Andrew Hamilton
    • 23 July 2015
    9 Comments

    It's like being trapped. Dropping out of school will be magnified if your parents are unemployed and you have come under the juvenile justice system. If you live in particular areas you will find it difficult to overcome the effects of disadvantage. The report Dropping off the Edge 2015 stresses the importance of examining the interlocking of the aspects of disadvantage.

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  • RELIGION

    'The Australian' gangs up on Pope Francis

    • Bruce Duncan
    • 10 July 2015
    37 Comments

    In a series of articles, The Australian newspaper has strongly criticised the new encyclical Laudato Si', with editor-at-large Paul Kelly charging that the Pope has 'delegitimised as immoral' pro-market economic forces. This is wrong. Pope Francis is not opposed to the free market in principle, but insists that it be well regulated to ensure social justice for all involved.

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  • INTERNATIONAL

    Italian perspective on Australia's asylum seeker shame

    • Anna Martin
    • 12 June 2015
    31 Comments

    Over the last few months, I have been completing a Masters in International Criminal Law at the United Nations Interregional Crime and Justice Research Institute in Turin, Italy. Over the last two weeks, our classes revolved around human rights — always a bit of a cringeworthy topic when one comes from Australia. Certainly Italy's attitude and approach to asylum seekers puts Australia's to shame.

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  • AUSTRALIA

    Fossil fuel divestment economics in line with morality

    • Michael Mullins
    • 01 June 2015
    3 Comments

    The Norwegian Parliament has just ordered its $A1.15 trillion Sovereign Wealth Fund to divest from coal. This represents the largest single divestment from fossil fuels in human history, and our biggest sign yet that the age of coal is over and the financial case for investing in fossil fuels is likely to disintegrate. Australia will crash and burn both economically and morally if we do not follow suit.

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  • The questionable good that our public policy serves

    • Elenie Poulos
    • 02 April 2015
    4 Comments

    Humans have always pursued wealth and the power it affords, but only relatively recently has the world itself become organised around the service of that wealth. The systems and structures which define the way our world works are financial, geared to the making of profit. They are global and buoyed by governments whose domestic and foreign policies ensure their support. ‘Social good’ and the ‘common good’ are assumed to be economic neoliberalism, and what’s in the ‘public interest’ is whatever advances the neoliberal economic agenda.  

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  • AUSTRALIA

    The Archbishop of Canterbury's advice for Joe Hockey

    • Michael Mullins
    • 09 February 2015
    8 Comments

    As a former business executive, the Archbishop of Canterbury Justin Welby speaks with particular authority on economic issues. He has just given a landmark speech on the ‘Good Economy’ in which he stresses that everybody including the marginalised has a role to play. As our Coalition MPs undergo soul searching in order to reconnect with the Australian people, they might consider the virtues of a reduced pace of economic growth that has more universal benefit.    

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  • AUSTRALIA

    What Tony Abbott owes working mothers

    • Catherine Marshall
    • 06 February 2015
    18 Comments

    The rewards of parenthood are immeasurable. But the price that women pay when they become mothers is unjust. This includes lost opportunities, gender wage gaps, and sparse superannuation savings. They really need an efficient and fair maternity leave scheme to support them as they transition from worker to working mother. Tony Abbott's 'signature' policy is now gone, and the 'replacement' families package has a big gap to fill.

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  • AUSTRALIA

    Nice guy Jokowi a death penalty strong man

    • Pat Walsh
    • 04 February 2015
    17 Comments

    The execution of Andrew Chan and Myuran Sukumaran is expected to take place on Nusakembangan, a prison island off Central Java. Visitors there are greeted by a sign which translates: 'They are not criminals, just lost people, and it is never too late to repent'. To be executed after you repent, however, is certainly too late. It also diminishes Indonesia. But let’s not write Indonesia off.     

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  • AUSTRALIA

    Obama misfires on Russian 'threat'

    • Tony Kevin
    • 28 January 2015
    15 Comments

    In his State of the Union address last week, President Obama drew rare bipartisan applause with his anti-Russian rhetoric when he said the US was ‘upholding the principle that bigger nations can’t bully the small’. The Cold War ended 25 years ago, yet the desire to weaken Russia has never gone away. This is nonsense. Russia poses no threat to the west. It is just another country trying to make its own way in an unfriendly world.  

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