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Keywords: Capitalism

  • ARTS AND CULTURE

    The book corner: Class in Australia

    • Andrew Hamilton
    • 03 June 2022
    1 Comment

    As I was reading the illuminating contributions to Class in Australia  I had to confront my attitudes to Marxist analysis, to the claims of sociology, social work and psychology to be sciences, to the relative importance of inequality based on wealth, gender and race, and to any claim that canonises individual choice while claiming to be value free.

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  • INTERNATIONAL

    Elon Musk’s Twitter bid exposes ‘financially strange’ media ecosystem

    • David James
    • 19 April 2022
    1 Comment

    Elon Musk’s proposed hostile takeover of Twitter will be a fascinating battle that will have consequences far beyond the stock market. It is exposing just how financially strange social media and conventional media have become. 

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  • RELIGION

    Pope Francis in war and peace

    • Miles Pattenden
    • 15 March 2022
    9 Comments

    Even as he sustains the papacy’s now traditional opposition to all forms of war and its emphasis on the extreme suffering war brings, especially to the innocent, Pope Francis has, in recent weeks, taken a different, more partisan approach which he and others must feel is justified.

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  • RELIGION

    Rediscovering truth in a post-truth world

    • Jānis (John) T. Ozoliņš
    • 03 February 2022
    24 Comments

    As if the Covid-19 pandemic has not been testing enough, modern life has never seemed more difficult than it does at present. We are bombarded on all sides by masses of information, misinformation, expert opinions, and the relentless, strident voices of social media browbeating us into accepting the dogmatic conclusions of leading influencers. 

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  • ECONOMICS

    The rise of the machines

    • David James
    • 31 January 2022
    5 Comments

    There is a great deal of commentary about the growing importance of artificial intelligence, or AI, especially in business circles. To some extent this is a self-fulfilling prophecy — if people think something will have a seminal effect then it probably will. But if the supposed commercial benefits are significant, the dangers are potentially enormous.

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  • AUSTRALIA

    Does the 'Let it Rip' approach have a eugenics problem?

    • Justin Glyn
    • 27 January 2022
    10 Comments

    In the early part of the twentieth century, Francis Galton (a cousin of Charles Darwin) used the latter’s work to argue that human breeding stock could be improved. He would weed out the weakest and the less able and produce a sturdier race. Until recently, the crematoria of Hitler’s death camps were enough to remind most that this was not an idea consonant with actual human flourishing.

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  • AUSTRALIA

    All that is solid melts into air

    • John Falzon
    • 20 January 2022
    5 Comments

    Social security payments were once seen as a means of preventing poverty, not prescribing it. A job was once seen, at least for some, as being not only the best guarantee against poverty but the path to economic security. Now it seems, however, multiple jobs are required to stave off poverty.

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  • MEDIA

    Best of 2021: Facebook unfriends Australia

    • Binoy Kampmark
    • 11 January 2022

    Instead of retaining its control of a fruit market, or preserving an oil monopoly, Facebook harnesses another resource: data. Any regulator or sovereign state keen to challenge the way the Silicon Valley giant gathers, monetises and uses that data will face their ire.

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  • ECONOMICS

    Best of 2021: Homelessness is caused not by poverty but by wealth

    • John Falzon
    • 04 January 2022

    When you put rising housing costs alongside stagnating wages, an alarming trend in normalising insecure work, persistent unemployment and underemployment, and statutory incomes that are going backwards in real terms, there’s good reason to be deeply worried about an increase in homelessness.

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  • ECONOMICS

    Best of 2021: Why corporatism, not capitalism, is the root of social harm

    • David James
    • 04 January 2022

    There really is no such thing as ‘capitalism’ — or rather there are so many capitalisms that the word is altogether too imprecise to be useful. A much better term to identify the problems, even evils, of modern developed economies is ‘corporatism’. This can be precisely identified and its transgressions and general harm are getting worse.

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  • ECONOMICS

    A strange financial circus

    • David James
    • 12 October 2021
    3 Comments

    Over the last two years, money printing has created the illusion of strength in savings. But when reality resurfaces, and actual returns are required from actual economic and business activity, the global financial system will come under extreme stress. 

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  • ECONOMICS

    Homelessness is caused not by poverty but by wealth

    • John Falzon
    • 10 August 2021
    13 Comments

    When you put rising housing costs alongside stagnating wages, an alarming trend in normalising insecure work, persistent unemployment and underemployment, and statutory incomes that are going backwards in real terms, there’s good reason to be deeply worried about an increase in homelessness.

    READ MORE