keywords: David James

  • INTERNATIONAL

    Trump's new Cold War

    • David James
    • 09 March 2019
    7 Comments

    It has been postulated that there are three types of war: kinetic, informational and economic. America has been losing its kinetic conflicts in the Middle East and recently has escalated its informational war. The favoured weapon with economic warfare is sanctions, and Trump has started to use them to an extreme degree.

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  • AUSTRALIA

    Reckoning is due after Afghanistan endgame

    • Jeff Sparrow
    • 31 January 2019
    18 Comments

    John Howard promised to 'stay the course' in Afghanistan. So too did Tony Abbott, Kevin Rudd and Julia Gillard. So complete was the political consensus that parliament didn't even debate the Afghan intervention until nine years after it began. Now that there's no longer a course on which to stay, we're due some accountability.

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  • ECONOMICS

    Venezuela beset by American dirty tricks

    • David James
    • 30 January 2019
    13 Comments

    If you wish to peer into the heart of darkness, the nexus between big oil and big money is a good place to start. Those who control the energy market and the financial markets control the world. The latest victim of this brutal intersection is Venezuela, a country that has made the mistake of having the biggest oil reserves in the world.

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  • AUSTRALIA

    White defensiveness in Morrison's Cook gaffe

    • Rachel Woodlock
    • 24 January 2019
    13 Comments

    What do Indigenous and Muslim Australians have in common? They are the foil against which normative White Australian identity is contrasted. The latest group to join them are African migrants, subject of a new campaign of fear. Because the stories we tell ourselves can change, one day there might be one that honours all of us.

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  • ECONOMICS

    The true lesson of capitalism

    • David James
    • 15 January 2019
    2 Comments

    One of the most basic distinctions in finance, with which any stockbroker or fund manager is familiar, is that between equity and debt. As the global economy teeters on the edge of a debt and banking crisis, with global debt more than 300 per cent of global GDP, the merits of equity is something that needs to be better understood.

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  • ECONOMICS

    Compound interest is the root of banks' evil

    • David James
    • 04 December 2018
    7 Comments

    The problem goes much deeper than a few crooked operatives and it will not be fixed by changing the corporate 'culture'. The fundamental evil is the arithmetic of compound interest. Interest on debt rises exponentially, while economic activity is linear. That means that sooner or later those in a weaker position are unable to pay.

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  • ECONOMICS

    The shareholders shall inherit the earth

    • David James
    • 08 November 2018
    1 Comment

    So here is a question. Which are you? A customer, a shareholder, a worker, a citizen, or, well, a whole human being? If you answered 'customer' then congratulations, you are in line with contemporary economic orthodoxy, and boy, have we got a society for you. If you answered 'a human being' then that really is a problem, I'm afraid.

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  • ECONOMICS

    Trump's thuggery is changing world finance

    • David James
    • 05 October 2018
    5 Comments

    That Trump is a narcissistic braggart was never in doubt. The more intriguing question was always how a businessman would behave once he became president. His administration sees business-style standover tactics as a thoroughly good option. The system-wide shifts that are resulting may have a lasting impact.

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  • ARTS AND CULTURE

    Walt Whitman on Donald Trump

    • Wally Swist
    • 03 September 2018
    5 Comments

    Oh, you snake oil selling provocateur, you faux gilded imposter, selling authoritarianism for American democracy; may you choke on your own phlegm-filled speeches, your conspiratorial rants, your endless quiver of lies, whose equivocal insults you brandish and shoot like arrows at those whose integrity you should quaver beneath.

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  • ECONOMICS

    Where the west will rest in new economic order

    • David James
    • 03 September 2018
    7 Comments

    The corporations have had it their own way for most of this century but two recent events have startled them. One is the election of a US president who says he is an economic nationalist. The other was Brexit. The battle lines have been drawn between a unipolar, American dominated world and a multipolar world.

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  • ECONOMICS

    Australia's deadly game of mates

    • David James
    • 14 August 2018
    6 Comments

    Murray and Frijters detail what they call Australia's 'grey corruption': the grubby nexus between 'James' (corrupt business people) and governments or regulators. The Jameses thrive at the expense of the 'Bruces': ordinary working people. The games of the corrupt elite now cost the 'Bruces' about half their wages.

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  • ECONOMICS

    Trump's trade attack is off track

    • David James
    • 18 July 2018
    2 Comments

    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.

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