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It's fashionable to make all sorts of claims about Generation Y. Among other things, we are spoilt, attention-deficient, highly educated and unemployable. If you stop prophesising our doom for a moment, you might see we're not as hopeless as we seem. August 2009
If Hawke and Keating had failed to act on economic reform, the opportunity cost would have been devastating unemployment during the GFC. It is not difficult to imagine the opportunity cost of the priority Rudd is giving to his own popularity over reforms that are now urgently needed.
Michael Moore makes documentaries only in the sense that Today Tonight does investigative journalism. That's not to say he doesn't land a few well-deserving kicks while he's at it.
Even if we understand the intelligiblity of an automobile, we can still drive badly. With the GFC, the argument is not that better theories will ensure everyone behaves properly, but that without a proper economic theory even people of good will cannot work to achieve the good.
Sixty years ago, Jesuit Bernard Lonergan developed an analysis of the boom and bust cycles of economy. He often asked, 'Where were the Christian counter-parts of Karl Marx, sitting in the British Museum voraciously reading and relentlessly studying about political economy?'
We are terrible at caring for the planet because we are terrible at caring for each other. And we are lousy at caring for each other because we don't seem to have any idea of where the roots of human emotional sustenance lie. We might begin to look at our obsessive love of money and power.
Some will be concerned by the black and white treatment of climate change in Tony Kevin's book. There is common ground now to generate significant policy changes with a focus on wellbeing, even while the CO2 debate continues to rage.
It's fashionable to make all sorts of claims about Generation Y. Among other things, we are spoilt, attention-deficient, highly educated and unemployable. If you stop prophesising our doom for a moment, you might see we're not as hopeless as we seem.
An ethos of tough love balks at taxpayer subsidies for anyone foolish or unlucky enough to make the wrong investment decision. In Australia we prefer to see people as victims and expect the government to clean up the mess.
The Pope's encyclical on social teaching is not a strident critique of capitalism, but it does confront abuses in the global economy. Benedict is critical of the free market ideology which extolled wealth creation but ignored the need for equity and social justice.
The variety of Quaker service in Aboriginal communities and around the world is extraordinary. In light of the GFC and climate change, the Quakers' emphasis on small-scale food and water security projects will prove prescient.
Australian Shareholders Association says the BrisConnections 'lifeline' offered by the Macquarie Group won't cover 'the bulk of desperate investors'. Sometimes bad things happen to good people at the mercy of the clever and the greedy.
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