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Keywords: Capitalism

  • ECONOMICS

    Why corporatism, not capitalism, is the root of social harm

    • David James
    • 06 July 2021
    16 Comments

    There really is no such thing as ‘capitalism’ — or rather there are so many capitalisms that the word is altogether too imprecise to be useful. A much better term to identify the problems, even evils, of modern developed economies is ‘corporatism’. This can be precisely identified and its transgressions and general harm are getting worse.

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  • ECONOMICS

    We need to rebuild our social foundations

    • John Falzon
    • 15 June 2021
    4 Comments

    Our economy is 1.1 per cent larger than a year ago. Yet, as the situation in Victoria reminded us, none of us are safe unless all of us are safe. And we cannot be safe while work remains increasingly insecure, while social security payments are inadequate and while our public infrastructure is found wanting.

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  • ECONOMICS

    Our economy needs democratic oversight, not the unleashing of animal spirits

    • John Falzon
    • 06 May 2021
    23 Comments

    In a recent speech to business leaders, Prime Minister Morrison made the remarkable claim that ‘we are going to meet our [climate change] ambitions with the smartest minds, the best technology and the animal spirits of capitalism.’ This is straight from the neoliberal playbook, the doxa that the role of government is to get out of the way to make room for those animal spirits so as to pander to the fantasies of the wealthy few.

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  • ECONOMICS

    When economic policy transcends political division

    • David James
    • 08 April 2021
    5 Comments

    It is one of the ironies of Australian political history that a policy that has profoundly benefited this country’s version of capitalism came, not from the right, but from the Labor party and unions. The mandating of superannuation payments in 1992 under the Keating government has profoundly changed Australia’s financial system.

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  • ECONOMICS

    Overhauling economics to combat climate crisis

    • David James
    • 17 November 2020
    5 Comments

    There is a common error about economics that, if not corrected, has far reaching consequences. It is the widely held belief that economic growth and consumption are the same. They are not.

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  • ENVIRONMENT

    Environmental movements need to critique capitalism, not overpopulation

    • Sangeetha Thanapal
    • 03 November 2020
    22 Comments

    The environmental movement in general has a serious race problem. Make no mistake, an ideology that says humans are the problem is a colonial ecology; the Malthusian fear of overpopulation is rooted in racist ideals.

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  • AUSTRALIA

    Emergence from ideology

    • John Falzon
    • 02 July 2020
    14 Comments

    Ideology is a powerful presence in our lives. It works its way into our consciousness through the dominant discourses of government, media, institutional religion, legal frameworks, popular culture, advertising, all the means at the disposal of the powerful. Once we learn to recognise it we see it everywhere. If it feels like we were born into it, it is because we were.

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  • AUSTRALIA

    Let's not snap back but spring forward

    • John Falzon
    • 10 April 2020
    25 Comments

    Already the ideological die-hards of neoliberalism are working out how the pandemic might be manipulated to lower wages and to snap back to the old economic normal. So now is when collectively we need to take over the framing and the forming of the future. Not to snap back but to spring forward.

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  • ENVIRONMENT

    When normal returns, what do we want it to be?

    • Cristy Clark
    • 09 April 2020
    9 Comments

    Even during this period of disruption (and, indeed, even because of it) it is so important that we pay attention to the bigger picture. So much of what we do now will lay the groundwork for the kind of future that we are able to build at end of this crisis.

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  • AUSTRALIA

    Solidarity in the face of a neoliberal inferno

    • John Falzon
    • 03 March 2020
    27 Comments

    The Morrison government despises the working class. There is no other explanation for its behaviour. For all the ‘lifters and leaners’ or ‘workers and shirkers’ guff that we’ve seen over the years from this and past governments, the truth is that, according to the neoliberal worldview, whether you’re in paid work or on social security, you’re despised unless you belong to its own big money elite.

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  • RELIGION

    Pondering God from the dunny

    • Sue Stevenson
    • 24 January 2020
    8 Comments

    As I sat I noticed some graffiti: 'What you are seeking after is seeking after you. — Rumi.' A beautiful, soulful verse for the alienated children of late capitalism, right? An invitation to live in expectancy, as if you belong in the world. But underneath, someone had struck through What and written Who, and Rumi and written God.

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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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