Search Results: economy

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  • ECONOMICS

    Economic doom looms in Oz's game of homes

    • David James
    • 11 December 2017
    1 Comment

    It is not difficult to imagine a scenario where the game of musical chairs in Australia will come to a shuddering end, imperilling the banks and dragging the economy into a deep recession. As we saw in the GFC in America and Europe, government money will be thrown at the banks to rescue them at the expense of ordinary citizens.

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  • AUSTRALIA

    Passport privilege entrenches inequality

    • Sonia Nair
    • 11 December 2017
    9 Comments

    The world is often characterised as porous and easy to manoeuvre in this age of unparalleled technology and a globalised economy. But it's only ever been this way to people who have a combination of a particular passport and cultural heritage, particularly in settler colonial nations such as Australia.

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  • AUSTRALIA

    Turnbull's magic budget bowl is a fantasy

    • Joe Zabar
    • 06 December 2017
    5 Comments

    Many of us have grown up with Norman Lindsay's classic tale of the magic pudding; the pudding bowl that never empties no matter how often the pudding was eaten. It seems that the magic pudding bowl has been borrowed by the federal government, if the proposed new business and income tax cuts are anything to go by.

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  • ENVIRONMENT

    My coal dilemma

    • Jennifer Pont
    • 23 November 2017
    11 Comments

    I can't see the issues around the coal industry in black and white terms, even though I'd vote for any ethical replacement plan in a heartbeat. As much as people build places, places substantially build our identities, and people literally lived and died by coal mines where I grew up.

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  • AUSTRALIA

    Aboriginal voices in 'the good country'

    • Andrew Hamilton
    • 20 November 2017
    4 Comments

    Turnbull has been widely criticised for refusing a recommendation by the Referendum Council to enshrine a national Indigenous representative council, saying it was 'contrary to the principles of equality and citizenship'. A recent book provides a rich perspective for reflecting on his decision.

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  • ENVIRONMENT

    The moral relativism of pro-coal conservatives

    • Tim Beshara
    • 19 November 2017
    8 Comments

    The charge of moral relativism has been laid against progressives in debates about everything from marriage to multiculturalism. However when it comes to climate change and coal, it is conservatives who choose to muddy the debate by pointing out that coal can be good depending on the context in which it is used.

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  • RELIGION

    Seeking a true new start for all job seekers and workers

    • Frank Brennan
    • 07 November 2017

    'We need to recommit to work for all those who are able and willing. We need to recommit to social assistance for all those who are not able. We need to ensure that a life of frugal dignity is within the grasp of all citizens.' 2017 Rerum Novarum Oration by Fr Frank Brennan SJ

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  • ECONOMICS

    In the end, debts cannot be paid

    • David James
    • 07 November 2017
    3 Comments

    Once upon a time, usury was considered a sin and lending was subject to strict controls. Now, the world is in the grip of usury. It cannot continue. At some point it will have to be retired, or swapped to equity. A good place to start is third world debt, which is the most immoral variant.

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  • AUSTRALIA

    The Coalition's special disrespect for unions

    • John Warhurst
    • 05 November 2017
    13 Comments

    The raid on the offices of the Australian Workers Union by the Australian Federal Police demonstrates a disrespect for trade unions contrary to the Catholic tradition. The political theatre indulged in by the Employment Minister Michaelia Cash and the Registered Organisations Commission is especially worrying for the deeper attitudes it reveals.

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  • MEDIA

    There is no such thing as capitalism

    • David James
    • 26 October 2017
    13 Comments

    In literary studies, one of the most important requirements is the need to define one's terms accurately. It has always come as a shock to me that economics is almost completely devoid of such precision. Much of the terminology of the 'discipline' of economics is either nonsense, or thinly disguised tautologies.

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  • ECONOMICS

    Towards an economy that works for all

    • Frank Brennan
    • 17 October 2017
    10 Comments

    The promise of riches from the trickle-down effect is at best patchy for many Australians, and non-existent for others. Continuing with the same economic and social policy settings will exacerbate the already growing divide between the rich and the poor and eventually damage the economy to such an extent that it has a detrimental effect on everyone.

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  • INTERNATIONAL

    Different country, different culture (or how different legal systems view deal-making)

    • Frank Brennan
    • 11 October 2017

    In the 16th century it was the Dominican friars like Vitoria, Las Casas and Montesino in Salamanca who confronted the state and challenged public opinion about the rights of the indigenous peoples in Spain's newly colonised lands. Not even the most nostalgic and forgiving Jesuit would opine that the modern practitioners of Morality with a capital M challenging the powers of the market and the state would be found in a modern monastery.

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