keywords: Capitalism

  • AUSTRALIA

    Sympathy for the poor or bunyip aristocracy

    • Daniel Sleiman
    • 17 October 2019
    8 Comments

    Adam Smith wrote 'no society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable'. Poverty and inequality lead to non-participation in work and inhibit social mobility, which negatively affects economic growth. The concentration of economic power is bad for democracy.

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  • AUSTRALIA

    Reframing aspiration as a collective force

    • John Falzon
    • 26 September 2019
    13 Comments

    We're taught to think that aspiration means what you do alone, what sets you apart. As such it is a concept that is both lauded and loaded. Aspiration, neoliberal style, is a secular version of the gospel of prosperity so loved by the prime minister. God, or the Market, smiles on those who aspire to greater things.

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  • ECONOMICS

    Capitalism isn’t dead, it just smells funny

    • David James
    • 24 September 2019
    9 Comments

    It is easy to blame the financial sector — and the governments that were supposed to oversee the financial system but instead just washed their hands of it — for creating this global debt debauch. They certainly bear much of the responsibility. But in many ways the financial misbehaviour is as much symptom as cause.

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  • ARTS AND CULTURE

    Conscientious capitalists

    • Gillian Bouras
    • 24 September 2019
    5 Comments

    Raised by Politically Pink Parents, I was in my youth rather wary and suspicious of capitalism and capitalists. Eventually I realised that the only thing wrong with money is that not everyone has enough of it. We hear too much about arch-capitalists like the Trumps and the Koch brothers.

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  • ECONOMICS

    Inside US and China's dodgy economies

    • David James
    • 07 September 2019
    6 Comments

    One of the ironies of the intensifying tariff war between America and China is that that neither of the two giants seems to have a viable economic model. Both countries' systems are based on dodgy financial engineering and printing money, or just inventing new types of money out of thin air.

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  • AUSTRALIA

    The secretive business of detention dirty work

    • Meg Mundell
    • 21 August 2019
    8 Comments

    If you're not burdened by a conscience, it's a perfect get-rich-quick scheme: offer 'garrison' services to governments reluctant to get their hands dirty. Ensure the vulnerable people you 'manage' are hidden, demonised by politicians and right-wing commentators. Hire cheap labour, minimise your tax, and make millions.

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  • ENVIRONMENT

    Living in the climate lag

    • Greg Foyster
    • 22 July 2019
    22 Comments

    Five years ago I woke in the middle of the night and wrote a letter to myself about climate change. 'The world around you no longer exists. The conditions that created it have already changed and the society you know remains the same only due to inertia.' Now I know I'm not the only one who's lain shuddering with this awful premonition.

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  • AUSTRALIA

    Aboriginal women face triple jeopardy

    • Katelyn Jones
    • 19 July 2019
    6 Comments

    Intersectionality describes the experience of overlapping oppression faced by black women. Criminologist Chris Cuneen discusses the double jeopardy faced by Indigenous women in Australia who live under both colonialism and the patriarchy. Throw in capitalism and you get a sometimes-lethal triple threat.

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  • ENVIRONMENT

    Nuts and bolts of an Aussie Green New Deal

    • Cristy Clark
    • 04 July 2019
    5 Comments

    A Green New Deal in Australia would mean a stronger commitment to a government-led rapid transition to renewable energy and cleaner transport, with clear programs to support transition to well-paid green jobs in places that previously relied on resource extractive industries. This isn't necessarily as expensive as it sounds.

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  • ENVIRONMENT

    Vegan protesters reject righteous domination

    • Cristy Clark
    • 11 April 2019
    16 Comments

    The concerns around white veganism and its blindness (and worse) to other systems of domination and oppression are completely legitimate and deserve serious attention. But they do not fundamentally undermine the central ethical arguments of veganism.

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  • ECONOMICS

    What are banks for?

    • Colin Long
    • 18 January 2019
    6 Comments

    The opening of the finance sector to scrutiny provides an opportunity to examine its position in the structure of the Australian political-economy, and, most importantly, to make the changes necessary to place it at the service of the people, rather than allowing it to continue to prey on us.

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  • ENVIRONMENT

    The Darling's dead fish of late capitalism

    • Cristy Clark
    • 17 January 2019
    13 Comments

    A key benefit asserted to justify treating water as an economic good is that the market will encourage 'high-value' water use to be prioritised. But, as the fish of the Darling River and the people of Walgett are experiencing, the problem with commodifying water is its social and environment values are not naturally reflected in the market.

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