Welcome to Eureka Street

back to site

Keywords: Bubble

  • AUSTRALIA

    Where's Australia's Trump and Sanders?

    • Jeff Sparrow
    • 30 June 2016
    8 Comments

    Last week Sam Newman said he'd been approached to run for mayor in Melbourne on a 'Donald Trump-like anti-political correctness platform'. The announcement raised an interesting question: where's the Trump, or Sanders for that matter, in the Australian election? Richard Di Natale has articulated a vision of the Greens as 'the natural home of progressive mainstream Australian voters', yet we might equally say that he embraced politics-as-usual just as politics-as-unusual began to manifest everywhere.

    READ MORE
  • ENVIRONMENT

    Is your super doing dirty work?

    • Thea Ormerod
    • 21 June 2016
    4 Comments

    An accelerating number of institutions and individuals are moving their money out of planet-heating fossil fuels and into climate solutions. The total assets guided by some form of divestment policy was $3.4 trillion at 2 December last year, 50 times more than what was up for divestment 12 months earlier. It sounds like a lot, but it's a small amount compared to the $100 trillion-plus invested in the usual way. That's our money, in banks and super funds, managed funds and insurance companies.

    READ MORE
  • ECONOMICS

    How financial markets are stymying climate action

    • David James
    • 15 June 2016
    7 Comments

    There is little doubt that the means to dramatically reduce the amount of pollution produced by developed economies is already theoretically available. It is perfectly possible to redesign industrial systems so that they do not pollute and do not consume finite resources at a rate that is unsustainable. But it requires a radical shift - and the biggest barrier to that shift occurring, the financial markets, is barely even mentioned in discussions of the challenge.

    READ MORE
  • AUSTRALIA

    Australia's little sepia book of dead political tricks

    • Bronwyn Lay
    • 06 June 2016
    26 Comments

    Living within the United Nations community I've witnessed Australia fall from a well-respected international citizen, to becoming the spoilt, sneaky brat of international relations. Even the most blasé glance at the geo political currents moving through the planet reveal complexities this election pretends don't exist. Australians fighting about jobs and growth in the corner comes across as deeply deluded isolationism. The Great Barrier Reef is dying. The world is watching. Hello Australia? Anybody home?

    READ MORE
  • MEDIA

    The Kanye West konundrum

    • Jen Vuk
    • 26 February 2016
    4 Comments

    It seems not a week goes by that Kanye West isn't in the news. Over the past few weeks alone, West has among other things disparaged Taylor Swift, announced that 'white publications' had no right to write about black music, and tweeted in support of alleged serial rapist Bill Cosby. Depending on your perspective, West is either the gift that just keeps giving or the twit who just keeps tweeting. How has someone like him managed to flourish in a time in which online shaming has become the norm?

    READ MORE
  • INTERNATIONAL

    Fragile earth will not be saved by Sunday

    • Bronwyn Lay
    • 10 December 2015
    3 Comments

    Located in Paris in the aftermath of the attacks, COP21 spookily mirrors how climate change politics occurs within complex and pre-existing power structures that determine its effectiveness. Social and environmental wars merge with increasing intensity: from Syria to the Arctic, from Indonesia to Paris. Climate change complexity matches the complexity of terrorism. Causal chains of social conflict are as complicated as carbon movements that result in environmental distress.

    READ MORE
  • AUSTRALIA

    Coalition tactics on marriage and climate change risk self-destruction

    • Andrew Hamilton
    • 17 August 2015
    25 Comments

    The consequences of the present Coalition manipulation will be that the hostility between opponents and proponents of legalisation is likely to be intensified, and the proper way to resolve the issues involved seen to lie in the untrammelled exercise of power and not in reasoned conversation. In such a climate, any appeal to other values at stake in legislation, such as religious freedom, will be regarded simply as self-interest, and will be overridden by the principle of non-discrimination.

    READ MORE
  • AUSTRALIA

    The financial crisis the Government wants us to have

    • Colin Long
    • 09 February 2015
    19 Comments

    The Coalition Government falsely claims that Medicare co-payments and cuts to welfare and publicly funded institutions such as the CSIRO and the ABC are necessary to 'fix Labor's mess'. There are indeed structural problems with the economy, but essentially the plan is to strip the public sector by cutting universal access to a range of services that also includes tertiary education, to create a dominant free market that marginalises Australians on low incomes.

    READ MORE
  • ARTS AND CULTURE

    God's little twinkler

    • Jordie Albiston
    • 09 December 2014

    —trembly bubble of life —raindrop clinging still to cold window glass —illuminated deity —stunning —hosanna on heat —heaven in a melt —earth on its knees beneath serious sun

    READ MORE
  • AUSTRALIA

    Who wants to be a capitalist?

    • Moira Rayner
    • 31 October 2014
    11 Comments

    Affordable housing ought to be a hot election issue. Sadly it’s not a government priority, with ordinary people being taught to be entitled to look to capital growth in bricks and mortar as the best path to financial security. That is producing a housing price bubble and public housing is being squeezed. As a result, an increasing number of Australians can’t afford to put a roof over their head.

    READ MORE
  • ARTS AND CULTURE

    Shooting hoops for the health of it

    • Ben O'Mara
    • 15 October 2014
    6 Comments

    At 6:30 am I pull on my compression tights, lace up my black and bubble gum blue boots, throw on a crumpled, old t-shirt, and join the early risers to play basketball at my local sports and aquatic centre. This twice weekly ritual has helped me realise that sport heals when I play it on my own terms.

    READ MORE
  • AUSTRALIA

    Emergency relief fall guys for a heartless government

    • Mike Bowden
    • 30 June 2014
    37 Comments

    A week ago I get a phone call from the CEO of Northern Territory Vinnies, for whom I am council secretary. Could I come in and sign a letter about emergency relief before the next council meeting? 'Of course.' The letter is produced and, being conscientious, I actually read it. The Federal Government is offering Darwin Vinnies additional ER funds for the rest of the year. And I stop. I am not comfortable.

    READ MORE