keywords: Capitalism

  • ENVIRONMENT

    Vegan protesters reject righteous domination

    • Cristy Clark
    • 11 April 2019
    15 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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  • 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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  • ARTS AND CULTURE

    Modern day hearts of darkness

    • Gillian Bouras
    • 12 December 2018
    14 Comments

    A commentator recently described most politicians as being professional liars, and it can be argued that they tend to deceive themselves as well. Many can be compared with Heart of Darkness's Kurtz, who hid 'in the magnificent folds of his eloquence the barren darkness of his heart'.

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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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  • INTERNATIONAL

    The implications of loneliness

    • Tim Robertson
    • 19 November 2018
    13 Comments

    Loneliness is framed in a quintessentially liberal way: as a health-related issue affecting individuals. But loneliness is a by-product of the liberal social order; by elevating the market above all else and reducing notions of freedom to individual rights, notions of value are now boiled down to crude forms of economic reductionism.

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  • ECONOMICS

    Lehman Brothers and the next GFC

    • Binoy Kampmark
    • 13 September 2018
    2 Comments

    It has been a decade since the banking aristocracy Lehman Brothers filed for bankruptcy in what would be the chant of doom that became the Global Financial Crisis. Today, the legacy of Lehman Brothers and the crisis it helped precipitate supply warnings of the next shock.

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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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  • INTERNATIONAL

    All hail Queen Jacinda

    • Morgan Godfery
    • 02 July 2018
    3 Comments

    New Zealand’s Jacinda Ardern is a global celebrity: a prime minister on parental leave and a social democrat who can actually win elections. But is New Zealand really the left-wing paradise the global left wants it to be?

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  • MEDIA

    Trickle-down white feminism doesn't cut it

    • Laura La Rosa
    • 27 June 2018
    16 Comments

    #MeToo, a movement founded and nurtured by Tarana Burke (a civil rights activist and a woman of colour), was intended to be collective and accessible. By contrast, in Australia we are seeing a mainstream picture of women's liberation that ignores a longstanding struggle for diversity, genuine inclusiveness and radicalism.

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  • ARTS AND CULTURE

    Finding hope in shared struggle after trauma

    • ZoĆ« Krupka
    • 20 June 2018
    1 Comment

    Using memoir as a kind of litmus, Atkinson challenges the myth that traumatic events are socially 'out of character' and asks us to look at how by its very nature, patriarchy demands the abuse of its most vulnerable citizens.

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