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What the failed attempt to crush Russia’s economy has revealed is that America’s and Europe’s dominance of the global financial system is something of an illusion; more like money changing hands in a giant casino rather than actual wealth.
Despite rising interest rates and the recent dip in property values, Australia’s housing situation places it among the least affordable property market in the world. With a rise in homelessness and younger Australians locked out of an inflated housing market, what is the way forward for Australia?
Who wields the most power in the world? If one follows the money trail, it becomes clear that Western societies have become ruled by a new type of aristocracy: a management aristocracy.
When former Facebook employee Frances Haugen released a trove of documents revealing internal research on the negative effects its social media products were having on mental health, the darker side of social media became hard to ignore. So how might the harmful effects of social media be mitigated into a social benefit for a saner, more coherent society?
Exposure to pornography has been linked to an increase in in sexually aggressive behaviour and adolescent dating violence. This mass, industrial-level grooming of our young is causing lasting damage to their social and sexual development and leading to even more women and girls being viewed as less human.
On a superficial level, it makes no sense to commit so strongly to managing the impacts of climate change (adaptation) on the one hand while refusing to significantly reduce emissions (mitigation) on the other. On the other hand, when you start to unpack the logic of so much adaptation policy, this contradiction fades away.
Pope Francis turns eighty-five this week. His pontificate has seen him emerge from obscurity in Argentine Church politics to become, late in life, a global cultural icon and one of the most popular popes in living memory. Over the past nine years he has invigorated the Church and, according to papal biographer Austen Ivereigh, has made the papacy ‘much more human, much more accessible, much less remote’.
Social media companies are adopting a strategy that may go down in history as among the worst corporate mistakes ever. Google and Facebook are now monopolies and, like all monopolies, they no longer see their main interest as serving customers but rather to capture governments in order to protect their market dominance.
With all the congratulations that have been going around following Melbourne achieving zero COVID-19 cases there is one group that has been entirely overlooked. These particular people remain in a prolonged form of hotel quarantine, unable to mix with the general public. They are refugees and asylum seekers brought to Australia under the now defunct Medevac legislation from Nauru and Manus Island.
Whole industries have sprung up dedicated to help alleviate climate stress. Tote bags. Metal straws. Zara has announced 100 per cent of its fabrics will be sustainable by 2025 while Apple has said it plans to eventually stop mining. All of this looks great, but it doesn't help the underlying issue: We are still buying way too much stuff.
Australia’s priority is clear: self-protection at all costs, no matter the sacrifice required of Timor-Leste. And it’s a theme that continues today: Australia’s neighbourly relationship with Timor-Leste remains one of taking anything it can, not of sharing like friends.
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