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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.
'Seeking cooperative globalisation with people from north and south, east and west, of all faiths and none, we dare to hope while committing ourselves to labour for the kingdom to come here on earth and hereafter as did.' Frank Brennan, Homily, 11th Sunday in Ordinary time, the Oratory of San Francesco Saverio Del Caravita, Rome, 17 June 2018.
The imposition of 'managerialism' or 'marketisation' on universities is disastrous. So why are academics so passive when their working lives are being immiserated by the imposition of ideas, mostly derived from business or economics, that are either patently false or poor?
As the royal commission prepared to resume its hearings into financial services the Vatican released Oeconomicae et pecuniariae quaestiones, on the ethics of markets. Although written quite independently, passages of the document could have been mistaken for factual reporting of the royal commission.
The Vatican has launched a stringent critique of abuses in global economies, abuses that are driving astonishing inequality and threatening ecological sustainability. 'Oeconomicae et pecuniariae questiones' reiterates the call for an urgent dialogue between politics and economics to advance human life and wellbeing.
Health spending takes up a significant amount of federal and state government spending. But is this to keep Australians healthy, or to treat us when we get sick? The budget was a missed opportunity to invest in preventative health measures, and to fix health inequalities through policies informed by the social determinants of health.
This is Australia's looming inequality issue. Those who can take advantage of the energy revolution will have lower bills and more comfortable living conditions during the frequent extreme weather events we'll experience with climate change. Those who can't will be left reliant on a dirty, aging and increasingly expensive electricity grid.
The proposed tax cuts will create long-term structural changes to government revenue sources, which may prove to be economic folly in future-proofing Australia against global economic shocks, and in dealing with current unmet needs of poor and vulnerable Australians.
Recently the Minister for Home Affairs has confirmed he still wants to provide humanitarian visas to 'persecuted' white South African farmers. Regardless of any political issues, there are a number of legal hurdles these farmers could face in order to meet the strict definition of refugee in Australian law.
This Easter, and Orthodox Easter, and Passover, and at the changing of the seasons, I am prepared to reassert my faith. That whatever evil brings, compassion, courage and passionate commitment to the old values of honesty, accountability and care for others will bring the enormous change that was promised so long ago.
The recent furore about Donald Trump's imposing of tariffs on steel, from which Australian companies have been exempted, raises an interesting question about the economics discipline. Which is better, an oxymoron or a tautology?
At the heart of Pythagoras' contribution was wonder at a world in which human intelligence could understand and handle such different phenomena as music, architecture and the stars through mathematics. The cult of numbers in a cruder form remains characteristic of public life today. The most revered numbers are economic.
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