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In recent weeks the value of human life has become a topic of public conversation in different contexts. Proposed legislation on abortion and assisted dying has continued to focus attention on it. Debate about loosening COVID restrictions has also balanced the risk of death from the disease with risks to health and economic welfare from lockdowns. In Afghanistan the victory of the Taliban has again raised questions about the morality of the war and the killing involved by both sides.
There is a three-way battle looming over the future of money and the stakes could scarcely be higher. Conventional money, mainly debt created by banks — the ‘folding stuff’ is only a tiny proportion of the total — is in trouble. Total global debt is now so large relative to the world economy it cannot be serviced, which is why monetary authorities have resorted to dropping interest rates. When they almost hit zero, the next step was quantitative easing (QE): printing money by getting the central bank to buy back government and corporate bonds and putting them on its ‘balance sheet’.
In July, Anthony Albanese announced a significant change of stance on Labor tax policy which was disappointing, if not surprising. An elected Labor government, Albanese promised, would keep the coming high income tax cuts he previously opposed. This decision to not oppose the government proposal to restructure the income tax system through reduced marginal rates is supporting a government policy that will lead to a significant redistribution of wealth towards high income earners.
Most early commentary on the swift coming to power of the Taliban in Afghanistan has focused on how it happened and who was to blame for it. Much of the blame has been focused on United States President Biden and former President Trump. Increasingly attention has turned to the plight of people in Afghanistan, particularly women and those who helped the occupation forces and women.
The New York Times editorial on 15 August was all about tragedy in describing the fall of Kabul to the Taliban. ‘Tragic because the American dream of being the “indispensable nation” in shaping a world where the values of civil rights, women’s empowerment and religious tolerance rule proved to be just that: a dream.’
Critical Race Theory, which has recently been banned ineffectively by the Australian Senate from the National Curriculum, has everything going for it as a lightning rod. It has an acronym (CRT), opacity and an air of self-importance. It is also associated with a controversial social movement: Black Lives Matter. The theory does not need to be understood before generating heat.
The late Donald Rumsfeld, twice US Secretary of Defense, a Fortune 500 CEO, and congressman for three terms, did not let evidence and the firmness of facts trouble him. If he had a cause to pursue he would. Morality was merely an impediment to service.
The souring of relations with China is driven not just by prime ministers, foreign and defence ministers, or even by Cabinet. It is the product of converging interests with immense reach and influence.
The atrocities committed in the Taliban siege of Mazar-i-Sharif in the late 1990s have not been forgotten. Nevertheless, the ‘progress’ brought by the invading forces — after twenty years’ hard fighting against the forces which they themselves had previously armed and trained against the Soviets — is equally debatable.
Father’s hands of finer metal. Chisel, bandsaw, axe and mallet. Bone on wire and flesh on steel. He wore your scars and jabs and cuts. Your friction burns by grinding wheel.
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