Keywords: Global Economy

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  • AUSTRALIA

    How class shapes art in 21st century Australia

    • Ellena Savage
    • 09 December 2016
    4 Comments

    To be in the running for a scholarship, a student must have had their abilities or potential acknowledged and rewarded within an ideological education system. Where the money comes from - and whom it is given to - informs what kinds of artwork thrives. As Didier Eribon says, 'art, culture and education are part of the mechanisms of differentiation between social classes'. And the institutional frameworks underpinning the production of artwork can lead to pernicious political outcomes.

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  • ENVIRONMENT

    How to relieve poverty in India without endangering the planet

    • Frank Brennan
    • 02 December 2016
    9 Comments

    Neither India nor Australia can go it alone when confronting a global issue such as climate change. India cannot disregard the effects on other nations when it adopts laws and policies for alleviating the poverty of the poorest of the poor. Australia cannot disregard the effects on other nations when it considers restricting the availability of resources for export such as coal which might help provide electricity for the world's poorest citizens.

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  • ENVIRONMENT

    Ethical reflections on seeking sustainable development for India

    • Frank Brennan
    • 28 November 2016

    '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.

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  • ENVIRONMENT

    Leaders out of step with their faiths' climate teaching

    • Thea Ormerod
    • 17 November 2016
    9 Comments

    The evangelical Christian vote no doubt assisted the climate-denying Trump to his election victory, yet it is remarkable how out-of-step it is with the general view of faith communities globally. This view was made abundantly clear the day after Trump's victory on 10 November, with the release of an Interfaith Statement in Marrakech, Morocco, and it should stand as a challenge to those in public life who continue to block climate action.

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  • ENVIRONMENT

    US goes rogue on climate

    • Greg Foyster
    • 17 November 2016
    5 Comments

    Here we go again. Just a few days after the historic Paris Agreement on climate change entered force, another Republican climate denier has snatched the White House. Donald Trump isn't just a closet sceptic, paying lip-service to climate change while doing nothing about it. He's an out-and-proud conspiracy theorist. All signs point to the US returning to its role as international climate saboteur, and for much the same reasons: Republican paranoia over the economic rise of China.

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  • AUSTRALIA

    How the working class became white

    • Evan Smith
    • 27 October 2016
    19 Comments

    While the White Australia Policy attempted to prevent non-white workers from living and working in Australia, people from across the globe continued to do both, although often at the margins of white Australian society. The Australian Labor Party and the trade unions were complicit in maintaining this racial divide. In Australia today, a new wave of migrants is working in convenience stores, driving taxis or cleaning buildings. They are part of the Australian working class, but are often not considered such.

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  • AUSTRALIA

    Western Bulldogs' example for the common good

    • Andrew Hamilton
    • 12 October 2016
    5 Comments

    The best writers on sport show that it is a metaphor for life. Perhaps that is why the triumph of the Western Bulldogs in the AFL Grand Final has been so ruthlessly milked for larger significance. But I would like to exploit it once more for the way in which it illustrates the weakness of a liberal politics that assumes that all will benefit from the economic growth that unfettered competition between individuals yields. The joy of the Western Bulldogs victory lay in its challenge to these assumptions.

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  • ECONOMICS

    It will take more than a royal commission to tame the banks

    • David James
    • 10 October 2016
    2 Comments

    The strategy of the Big Four banks' appearance in parliament was clear enough. Blame the whole thing on a need to improve impersonal 'processes', imply that there have been a few bad apples but overall things are fine, and promise to do better in the future. The greatest challenge was probably to hide the smirks. A royal commission is being held up as an alternative, and no doubt it would be more effective. But a royal commission would not address the main issue.

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  • ECONOMICS

    Morality is back on the economic agenda

    • Andrew Hamilton
    • 20 September 2016
    4 Comments

    It is a welcome change to see budgets spoken of in moral terms. The government recently insisted on a moral responsibility to future generations to fix the deficit. And the Australian Catholic bishops welcomed on moral grounds the compromise that saw dropped from the budget measures which would further disadvantage vulnerable people. The difference was that the government's argument was focused on the budget, whereas the bishops' focused on particular groups of people.

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  • RELIGION

    Pope Francis among other disruptive leaders

    • Andrew Hamilton
    • 15 September 2016
    17 Comments

    Is Francis' style of political engagement effective? It has certainly gained him a favourable hearing within church and society. His message and his personality suit the times. Whether it will be lastingly effective will depend on whether he changes attitudes, particularly those of people who will be responsible for governance in church and state. But at the very least he has stressed the ethical and religious urgency of treating refugees, the environment, and the economy with respect.

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  • INTERNATIONAL

    The cost so far of Filipinos' gamble on thug rule

    • Fatima Measham
    • 18 August 2016
    13 Comments

    I fret more than ever for friends and family in the Philippines. If life is so expendable, who can be safe? What if my brother-in-law is mistakenly identified as a drug 'pusher'? What if my dad goes to a cockfight and armed vigilantes do a drive-by? It is disheartening that many Filipinos seem to approve of Duterte's methods. This is the purge many had wanted. They see the current campaign as a necessary, painful transition to better things. They are wrong. Nothing personal, just history.

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  • INTERNATIONAL

    The merits of Trump's economic agenda

    • David James
    • 09 August 2016
    15 Comments

    The main legislative catalyst for the GFC was the repeal, in 1999 by Bill Clinton, of the Glass Steagall Act, which had prohibited commercial banks from engaging in the investment business. This allowed the investment banks to indulge in the debauch of financial invention that almost destroyed the world's monetary system. Trump has made the reinstatement of Glass Steagall official policy. Should that happen, it could be the most beneficial development in the global financial system for decades.

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