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Trump's destruction of the architecture of international trade agreements and reversion to protectionism will expose the complexity of globalisation, but is unlikely to have the effect he is aiming at, which is to bring investment capital, and jobs, back to his country.
Researchers from Oxford concluded that consumers have significant power to 'deliver environmental benefits on a scale not achievable by producers' by excluding animal products from their diets. Interestingly, this report comes at a time when the uptake of veganism is growing significantly, both globally and in Australia.
Defence Minister Christopher Pyne recently called for an expansion of the Australian weapons industry. It would enable Australia to join the United States and Britain as a major exporter of weapons and further Australia’s strategic goals. The move has a logic: if you want weapons it is cheaper to make them than buy them; if you make them it is more profitable to sell them to others than to keep them all for yourself; if you sell them it is best to sell them to your friends.
In 2015, Four Corners exposed the misuse of migrant labour in Australian horticulture. It found evidence that the labour hire providers routinely underpaid these workers. Once working on-site, some of these workers were required to work excessive hours and endure unsafe conditions. There is great potential for a licensing scheme to bring a degree of regulation. But there are complex reasons behind the prevalence of migrant worker exploitation in the industry, and a licensing scheme is no cure-all.
There's not enough jobs because foreigners are stealing them. Wages aren't going up because foreigners drag them down. Graduates aren't finding positions because skilled worker visas are being given out too easily. Such answers are potent in pockets of Australian society that would rather blame outsiders than demand their government create new jobs, lift the minimum wage, improve work conditions and training, and mediate skills transfers from industries that are contracting, such as mining.
Last week, the much dreaded bond notes were released into the economy, in a move hoped to alleviate the cash crisis. Most citizens are negative about the move, with good reason - the last time Zimbabwe had its own currency was 2009, when inflation was so high the currency had to be dropped to salvage the economy. Most Zimbabweans remember that time well: every other month citizens had to drive to Botswana to put food on the table because the country's own shops were empty.
'No matter what the economic, political and legal problems confronted by modern day India, our response can be improved by an application of the key principles and norms developed in the international law of trade and human rights, helping to enunciate the realm of law, regulation and political accountability, enhancing public scrutiny providing the right environment for doing business.' Frank Brennan presents the 25th JRD Tata Oration, Xavier School of Management, Jamshedpur, India, 26 November 2016.
An accelerating number of institutions and individuals are moving their money out of planet-heating fossil fuels and into climate solutions. The total assets guided by some form of divestment policy was $3.4 trillion at 2 December last year, 50 times more than what was up for divestment 12 months earlier. It sounds like a lot, but it's a small amount compared to the $100 trillion-plus invested in the usual way. That's our money, in banks and super funds, managed funds and insurance companies.
The two major challenges facing the world have to do with kindness to strangers and care for the natural world. If the image of the beginnings of Australia is of a boatload of powerful Europeans coming to exploit the land occupied by a primitive people, a better image of future Australia Days might be of Australia sending parties to Indigenous settlements and other nations to discover how to cooperate in the great projects of reconciliation between people and people with nature.
In recent reflection on the future path of Australia the common good has made a welcome return. At the same time the Turnbull Government has transferred responsibility for water resources, including the Murray-Darling Basin, from the Department of the Environment to the Department of Trade. The two things seem to be unrelated. But the concept of the common good has been embodied robustly in the Murray-Darling Basin plan and survives in the midst of continuing conflict.
When Chinchilla farmer George Bender took his own life, it ended a ten year struggle with the coal seam gas industry that has wreaked havoc on his property and that of his neighbours. Despite mountains of paper regulations, despite a well-resourced Gasfield Commission and Gasfield Compliance Unit, people in the region feel abandoned. It seems that government bodies are enablers and facilitators of the industry rather than regulators and protectors of the people, the soil and the water.
I suspect Pope Francis had some of our Jesuit alumni in mind when he wrote in his encyclical Laudato Si: 'A politics concerned with immediate results, supported by consumerist sectors of the population, is driven to produce short-term growth... True statecraft is manifest when, in difficult times, we uphold high principles and think of the long-term common good. Political powers do not find it easy to assume this duty'.