Keywords: Fina
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- Frank Brennan
- 06 August 2015
3 Comments
Pope Francis is not the first pope to address a social encyclical to everyone. But in comparison with his predecessors, Francis has been more inclusive in the process of writing the encyclical and in the final content of the document. He quotes from 17 different conferences of Catholic bishops. He is at pains to indicate that he is collaborative and that he takes the principle of subsidiarity very seriously. Being the final redactor of the text, he has felt free to interpolate some very folksy advice from time to time. He has also taken the liberty of inserting some very blunt, evocative images of environmental and economic devastation.
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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
- Jack Maxwell
- 29 July 2015
5 Comments
Political donations give privileged access to powerful public officials to those who are wealthy. But public funding does little to reduce parties’ reliance on private money and radical control measures can fall foul of the Constitution. A 2013 High Court judgment finding that a ban on donations infringed the constitutional freedom of political communication.
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AUSTRALIA
- Andrew Hamilton
- 09 July 2015
8 Comments
Because football and other large sports are an image of life, they are safe spaces in which loss is never final and youth is never lost. But occasionally, as in the death of Philip Hughes and Phil Walsh, real life breaks into the image. Death and horror have to be grappled with.
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The Society of Jesus in Victoria, Jesuit Communications Winter Raffle 2015. Drawn on Thursday 2 July 2015 (Permit No 10187/15 issued 23 February, 2015)
Congratulations to the winners:1st prize: A Hannan, VIC2nd prize: J Bowskill, QLD3rd prize: A Twigg, VIC4th prize: K Haines, VIC
Thank you to everyone who supported our Winter raffle.
If you missed the opportunity to purchase raffle tickets but would like to support us financially, please consider making a donation.
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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
- 18 June 2015
3 Comments
Few would deny the comedian and self-styled revolutionary has fire in his belly. He wonders why, in the wake of recent financial crises, more bankers have not gone to prison. These are salient questions, and Brand doesn't baulk. But there is a touch of Bono about Brand: wealthy and egotistical, you have to wonder how much of his invective against 'the one per cent' is a case of the pot calling the kettle black.
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AUSTRALIA
- Michael Mullins
- 01 June 2015
3 Comments
The Norwegian Parliament has just ordered its $A1.15 trillion Sovereign Wealth Fund to divest from coal. This represents the largest single divestment from fossil fuels in human history, and our biggest sign yet that the age of coal is over and the financial case for investing in fossil fuels is likely to disintegrate. Australia will crash and burn both economically and morally if we do not follow suit.
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AUSTRALIA
On Saturday, a Victory Parade will commemorate the 70th anniversary of the final defeat of Fascist Germany. It is a fitting tribute to the heroism of the Russian people for their huge sacrifices and sufferings in a common cause with the west. Many leaders including US President George W. Bush attended the 60th, but a specious rationale is dictating a boycott this time around.
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AUSTRALIA
- Kerry Murphy
- 24 April 2015
3 Comments
I never met my uncle Kevin, who was killed on 9 February 1942 in Singapore. However we were fortunate to have a collection of his letters home from Malaya and reading his letters gives a brief glimpse into his life at war. His final signoff to my grandmother was: 'We’ve still to get our first shock yet but after the first few enemy "bangs" I guess there will be nothing to it.'
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AUSTRALIA
- Brian Lawrence
- 14 April 2015
6 Comments
A fair minimum wage has to be fair to workers with family responsibilities, many of whom are currently working poor and living in poverty. But in its 2014 Annual Wage Review decision, the Fair Work Commission decided that the 'appropriate reference household for the purposes of setting minimum wages is the single person household'. This was the first time in more than a century of minimum wage setting that an industrial tribunal has decided that minimum wages should exclude the needs of the low paid with families.
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- Elenie Poulos
- 02 April 2015
4 Comments
Humans have always pursued wealth and the power it affords, but only relatively recently has the world itself become organised around the service of that wealth. The systems and structures which define the way our world works are financial, geared to the making of profit. They are global and buoyed by governments whose domestic and foreign policies ensure their support. ‘Social good’ and the ‘common good’ are assumed to be economic neoliberalism, and what’s in the ‘public interest’ is whatever advances the neoliberal economic agenda.
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