keywords: Global Economic Crisis

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  • INTERNATIONAL

    Hear the cry of the Baloch people

    • Tanmay Kadam
    • 22 January 2020
    3 Comments

    The annexation of eastern Balochistan by Pakistan after the withdrawal of the British from the Indian Subcontinent in 1948 gave rise to the Baloch independence struggle against Pakistani state. Since then, Baloch have fallen victim to forced disappearances and brutal killings by state forces and state sponsored militants.

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  • ENVIRONMENT

    Australia is the perfect size to lead on climate

    • Tim Hutton
    • 17 January 2020
    9 Comments

    Around 40 per cent of the world's carbon emissions are produced by countries with similar outputs to Australia. Collectively these countries can make a significant difference if each reduces their carbon emissions. While Australia can make a difference as part of a collective, our real ability to effect change actually lies elsewhere.

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  • ENVIRONMENT

    Biodiversity loss is a flaming tragedy

    • Cristy Clark
    • 13 January 2020
    7 Comments

    There are so many details about these unprecedented bushfires that I have no idea how to process. But nothing — including the ever-present shroud of acrid smoke that has blanketed my city since November — has brought home the scale of this tragedy quite like the estimation that one billion native animals have been killed.

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  • ENVIRONMENT

    Climate paralysis and Morrison's fall

    • Tim Hutton
    • 07 January 2020
    43 Comments

    Here is why the Morrison government was so slow off the mark: to acknowledge the unprecedented nature of these fires is to concede that there is something happening to the climate. The only way to downplay the reality of climate change, was to downplay the severity of the fires themselves.

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  • ECONOMICS

    It's the end of 'industry as usual', so what next?

    • David James
    • 22 November 2019
    5 Comments

    At the next global financial crisis, when questions about what we want our monetary system to do for us become a matter of survival, why not devise a transactional system that is not just geared towards the consumption of goods and services, but involves monetary exchanges for social goods, such as sustainable production, or civic benefit?

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  • ENVIRONMENT

    Environmental boycotts and the free market

    • Kate Galloway
    • 04 November 2019
    5 Comments

    It is up to business to determine what the market wants. And business is being given a very clear message of market sentiment, through people protesting. For government to attempt to regulate this is a burden on freedom of speech and a significant imposition on the market mechanism, the very thing Morrison says he is trying to protect.

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  • ECONOMICS

    Ways out of the capitalist rabbit hole

    • David James
    • 21 October 2019
    5 Comments

    Recognising that financial systems are a human creation rather than natural systems governed by 'capital flows' would be an important step to conceiving a more robust and equitable system. To ask what kind of society we want and only then work out what we want money to do for us is to put the horse back in front of the cart.

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  • AUSTRALIA

    Jobs key to reviving flailing economy

    • Joe Zabar
    • 18 October 2019
    3 Comments

    Treasurer Josh Frydenberg's attack on banks for failing to pass on the full rate cut to consumers is a political distraction. There are two clear signals coming out of the latest cut. First, monetary policy is not enough to spark a revival of the economy. Second, it's now all about jobs. Frydenberg and his officials would be wise to heed these signals.

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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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  • 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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  • 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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  • INTERNATIONAL

    The west's fossil fuels problem is strategic, too

    • Jeff Sparrow
    • 08 July 2019
    5 Comments

    When discussing climate change, it's easy to depict the world's reliance on fossil fuels as primarily a technological problem, to be resolved by new methods for harnessing renewable energies. But that's only part of the story, as the example of Saudi Arabia shows.

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