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Keywords: Economics

  • PODCAST

    Eva Cox on macho economics and the feminist lens

    • Podcast
    • 07 February 2018
    1 Comment

    In many ways, feminism has pushed the boundaries of where and how women participate in the economy. But there is a deepening sense that this has not been enough. So what got missed? Prominent academic and feminist Eva Cox discusses the impact of neoliberalism on women, and why the social lens is more critical than ever. 

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  • MEDIA

    There is no such thing as capitalism

    • David James
    • 27 October 2017
    14 Comments

    In literary studies, one of the most important requirements is the need to define one's terms accurately. It has always come as a shock to me that economics is almost completely devoid of such precision. Much of the terminology of the 'discipline' of economics is either nonsense, or thinly disguised tautologies.

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  • AUSTRALIA

    Market economics not the solution for human services

    • Roland Manderson
    • 12 August 2016
    14 Comments

    There is a joke about a man looking for a coin under a streetlight: he had dropped it elsewhere, in the dark, but was looking under the streetlight because he could see more clearly there. In the same way, the thinking behind the Productivity Commission inquiry into increasing competition, contestability and informed user choice in human services is fundamentally flawed. The complexity and interconnectedness of human services is too challenging for market economics to properly address.

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  • RELIGION

    Catholic bishops deliver election year ethical wedge

    • Andrew Hamilton
    • 19 May 2016
    13 Comments

    The bishops speak less trenchantly than Pope Francis, who criticises sharply the assumptions and practices of neoliberal economics. But in the context of this election, they add their voice to that of those who are concerned about economic assumptions that enrich the few and exempt corporations and business from social responsibility. Their statement will encourage those who see the now notorious behaviour of banks, finance business and corporations as symptomatic of a vicious economic ideology.

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  • MEDIA

    2015 in review: The roots of troll culture

    • Jeff Sparrow
    • 12 January 2016

    The common perception of internet trolls is that they are outsiders descending on a particular platform in order to wreck it. But there is a close relationship between trolls and the culture in which they operate. If you're a publisher seeking virality, you need to foster the strong emotions in which social media trades. Getting people to love your content is great, but outrage, incredulity and even hatred also work.

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  • ECONOMICS

    New world order of gas and finance

    • David James
    • 15 December 2015
    3 Comments

    In the early 1990s, America, Europe and Japan accounted for about 90 per cent of world GDP. Now, they account for less than half. The BRICs and other developing nations have grown steadily (in China's case spectacularly) while Europe has stagnated and America has sputtered at best. Recent developments in the geopolitics of fossil fuels and in finance confirm the perception that the rise of China and the developing world spells the end of US global hegemony. Against this backdrop, the narrative of the West has grown increasingly incoherent.

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  • INTERNATIONAL

    Francis sticks in Republicans' craw

    • Fatima Measham
    • 30 September 2015
    28 Comments

    The only people who regard Francis as radical are those who think popes should only attend to matters of personal conscience. Topics such as abortion and same-sex marriage are safe zones for comment because they don't concern the economic order, or threaten systems that generate wealth for the few. But Francis has smudged the line between faith and economics in a way that many conservatives find inconvenient.

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  • AUSTRALIA

    The roots of troll culture are closer than we think

    • Jeff Sparrow
    • 25 September 2015
    6 Comments

    The common perception of internet trolls is that they are outsiders descending on a particular platform in order to wreck it. But there is a close relationship between trolls and the culture in which they operate. If you're a publisher seeking virality, you need to foster the strong emotions in which social media trades. Getting people to love your content is great, but outrage, incredulity and even hatred also work.

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  • AUSTRALIA

    The type of leadership Australians want

    • Paul Jensen
    • 21 September 2015
    5 Comments

    Malcolm Turnbull's main justification for challenging Tony Abbott was that the former PM was not capable of providing the economic leadership the nation needs. Abbott's leadership style emphasised strength rather than consultation, which is what he thought people wanted. What they actually wanted was revealed in a recent survey conducted by Swinburne University.

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  • ECONOMICS

    Chinese economy a work in progress

    • David James
    • 14 September 2015
    1 Comment

    The recent ructions in the Chinese stock market set off great consternation in global financial markets, but for the most part this was a display of ignorance. One of the reasons China’s influence on global markets has been so beneficial, since at least 2007, is that its economy and financial markets are so different.

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  • AUSTRALIA

    The emptiness of reform rhetoric in Australian politics

    • Jeff Sparrow
    • 08 September 2015
    5 Comments

    The recent National Reform Summit was lauded as an attempt to 'rediscover the art of reform that in the past generation helped to drive high living standards and made Australia the envy among smart nations'. Yet the urgency with which Australian pundits demand 'reform' corresponds with a peculiar opacity about what the term actually means, with its past association with the socialist movement but more recent appropriation as a neoliberal mantra. 

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  • ECONOMICS

    Rich retirees may need the aged pension

    • David James
    • 31 July 2015
    6 Comments

    There has been great pressure on both of the major political parties to stop giving so-called rich retirees partial pension income. The conventional view has become that retired millionaires should not be feeding off the public teat. But in terms of income, many of those 'rich retirees' would actually be better off on the pension.

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