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Keywords: Gfc

  • ECONOMICS

    Best of 2012: The upside down world of global capital

    • David James
    • 09 January 2013
    1 Comment

    Money is not like water, that 'flows' around the world, reaching 'equilibrium', or experiencing 'volatility'. It is transactions between people, based on trust. It enables the cooperation that forms the basis of social life. Human beings should be at the centre. Yet that is the opposite of what is happening. Monday 27 August 

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  • ARTS AND CULTURE

    Stories about people who want to do better

    • Tim Kroenert
    • 20 December 2012
    3 Comments

    One man suffers the shame of sex addiction. For another, a quadriplegic, sex is a matter of dignity. Two couples meet for a civilised discussion about their children's behaviour, but civility collapses. An antihero embraces violence as a solution to exploitative American media. Eureka Street counts down its essential films of 2012.

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  • ENVIRONMENT

    Practical solutions to climate despair

    • Lyn Bender
    • 13 December 2012
    21 Comments

    The Doha climate talks have come and gone, and it is all business as usual. Actually, it is full steam ahead with coal, despite dire warnings from the World Bank that if we don't turn down the heat we face clear threats to our great god, The Economy. While denial and despair are tempting options at this point, there are healthier ways to respond.

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  • AUSTRALIA

    America's choice through Australian eyes

    • Tony Kevin
    • 01 November 2012
    9 Comments

    If citizens of other nations could vote, it should be Obama by a mile! Outsiders are perplexed by polling that suggests a cliffhanger in the contest between the incumbent Obama and the Republican compromise candidate Romney. The issues – many of which are vital for Australia – are clear, but the outcome is not.

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  • ECONOMICS

    Ways out of economic depression

    • Bruce Duncan
    • 18 October 2012
    8 Comments

    Tony Abbott warned that Australia could go the way of Greece with excessive debt. Such claims reflect a climate of exaggerated concern about debt. Instead Australia could be taking advantage of historically low interest rates and embarking on major infrastructure projects, increasing employment and laying the basis for sustained growth in productivity.

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  • ECONOMICS

    Australia's pension fund perversion

    • David James
    • 03 October 2012
    7 Comments

    The demise of Gunns, Tasmania's biggest paper and pulp mill, has been greeted as a triumph of environmentalists over business. The saga encompasses much more than that. It poses some deep questions about ownership and accountability in Australia's financial system which are yet to be answered persuasively.

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  • ECONOMICS

    The upside down world of global capital

    • David James
    • 27 August 2012
    5 Comments

    Money is not like water, that 'flows' around the world, reaching 'equilibrium', or experiencing 'volatility'. It is transactions between people, based on trust. It enables the cooperation that forms the basis of social life. Human beings should be at the centre. Yet that is the opposite of what is happening.

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  • ARTS AND CULTURE

    Drowning rats of Wall Street

    • Tim Kroenert
    • 02 August 2012

    Eric Packer is 'the one per cent', who stoically discusses economics with his chief advisor even as an anti-capitalist protest broils outside his limousine; Occupy reimagined as animal anarchy, with protestors yielding spray-paint and dead rats; 'the 99 per cent' of the besieged city raging to reassert their worth.

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  • AUSTRALIA

    Hockey and Thatcher's 'no entitlement' is bad economics

    • Michael Mullins
    • 14 May 2012
    15 Comments

    Joe Hockey provoked outrage with his recent suggestion that we should rely on families rather than the state for social welfare. His premise that high social spending leads to debt and decline reflects the GDP fetish of fundamentalist economists that Joseph Stiglitz blames for Europe's current economic problems.

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  • ARTS AND CULTURE

    Investment bankers and other monsters

    • Tim Kroenert
    • 22 March 2012
    1 Comment

    The action takes place in 2008 on the eve of the GFC, at an investment bank loosely modelled on Lehman Bros. The CEO is monstrous; a kind of sinewy bishop to capitalism, gaunt and vicious. Yet even the most principled characters are shown to compromise to varying degrees in the name of self-interest.

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  • AUSTRALIA

    Thatcher's blame game

    • Michael Mullins
    • 16 January 2012
    9 Comments

    It is arguable that, because she was one of the architects of the free market financial system that lacked protection for ordinary citizens, Margaret Thatcher shares responsibility for the widespread public harm caused by the GFC and the eurozone crisis.

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  • AUSTRALIA

    Bringing civility back to the parliamentary cockfight

    • Tony Kevin
    • 31 October 2011
    14 Comments

    Many Australian politicians who should know better give the people and the media exactly what they want: rancorous confrontations and barbed insults. The 'tough' way in which Australian politics is played corrodes civility and potentially erodes our democracy.

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