keywords: Global Financial Crisis
There are more than 200 results, only the first 200 are displayed here.
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AUSTRALIA
- Andrew Hamilton
- 11 September 2015
16 Comments
A fortnight ago political conversation about asylum seekers had to do with turning back the boats, the links between terrorism and religious identity, exporting our Stop the Boats policy to Europe, the seductive dangers of compassion, and attempts to wedge other parties on the basis of their softness. Now it appears we have moved on, and for that Mr Abbott deserves our ungrudging gratitude, whatever side of politics we stand on.
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AUSTRALIA
- Fatima Measham
- 11 August 2015
12 Comments
Words like rorter, bludger and leaner only ever seem to apply to those who apply for welfare. A politician who draws down unreasonably on entitlements or a banker who earns stratospheric bonuses are seen as passive beneficiaries of the system. It seems the case that only those with power or capital are allowed to blame systems. The rest of us get to be individuals who make choices.
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ECONOMICS
There has been great pressure on both of the major political parties to stop giving so-called rich retirees partial pension income. The conventional view has become that retired millionaires should not be feeding off the public teat. But in terms of income, many of those 'rich retirees' would actually be better off on the pension.
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AUSTRALIA
- Andrew Hamilton
- 27 July 2015
15 Comments
The Federal Government's ethical argument for coal is that it is the most readily available and cheapest resource for generating electricity for the development of poorer countries. The structure of this argument based on our duty to the poor is significant. It assumes that governments, mining companies, banks and the people who invest in them a duty to consider the effects of their actions on people both in their own nations and in other nations.
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RELIGION
- Paul Collins
- 15 July 2015
9 Comments
While Francis has no time for technological solutions and 'fixes' for complex ecological problems, he is no techo-Luddite. What he does is link technological knowledge to power and says that those with this knowledge and the economic resources to use it, gain 'an impressive dominance over the whole of humanity and the entire world.'
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RELIGION
- Bruce Duncan
- 10 July 2015
37 Comments
In a series of articles, The Australian newspaper has strongly criticised the new encyclical Laudato Si', with editor-at-large Paul Kelly charging that the Pope has 'delegitimised as immoral' pro-market economic forces. This is wrong. Pope Francis is not opposed to the free market in principle, but insists that it be well regulated to ensure social justice for all involved.
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ECONOMICS
International Monetary Fund prescriptions have a long history of failing, and countries that ignore them are often the ones that do surprisingly well. Few have been asked to be more servile than the Greeks. When the IMF came in with what is amusingly referred to as its austerity 'plan', the Greek economy was expected to grow at over 2 per cent. After the 'plan' had taken effect, the country’s economy had shrunk by a quarter.
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ARTS AND CULTURE
- Tim Kroenert
- 05 March 2015
Abel's life is pointedly contrasted with Peter's, a young truck driver who has been the victim of several violent assaults on the job. Peter idolises Abel, for whom the Dream has apparently come true — if Abel can make it, so too can Peter. The problem is that Abel's Dream stands on the backs of ordinary workers like Peter. Peter is a tragic antihero coming to learn that for many, the Dream will remain just that.
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ECONOMICS
- David James
- 10 December 2014
12 Comments
One of the fascinating aspects of Australia's political pantomime is the manner in which the Federal Treasurer is forced to metamorphose into a used car salesman who is spruiking the Australian economy. One reason for the relative impotence of the Treasurer is that the Federal government only has control over fiscal policy. Monetary policy, the interest rate, is set by the Reserve Bank, not the government.
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ECONOMICS
- David James
- 19 November 2014
6 Comments
Investing capital in the production of goods and services may create jobs, but it's not the best way to make money. It's more profitable to manipulate the financial system to create more money from money, which is why the finance sector does so well. The polarisation of wealth is less extreme in Australia, but we have our own capital-driven Ponzi scheme - the residential property market, which has become an exercise in making money out of money.
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AUSTRALIA
- Andrew Hamilton
- 14 November 2014
18 Comments
The news that Pope Francis has written a letter to Tony Abbott makes one pause. It is usual for Popes to write such letters, and luckily this one is no shirtfront. Instead it will probably be treated as a hospital pass. The trouble with swerving away from hospital passes, though, is that the watchers may see you as cowardly.
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AUSTRALIA
- Frank Brennan
- 22 September 2014
5 Comments
Considering my indebtedness to the two Aborigines who met [my family's ship arriving in Hervey Bay from Ireland] 151 years ago, I owe it to all my fellow Australians to agitate these issues of law, morality and politics here in Ireland so that back in Australia, the homeland which, in my religious tradition, was known as the Great South Land of the Holy Spirit.
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