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Keywords: Money

  • ECONOMICS

    How financial devils came to rule the universe

    • David James
    • 05 June 2013
    7 Comments

    Religious authorities may not spend a lot of time pondering the nature of global financial systems, but the Pope's recent comment that 'money has to serve, not rule' suggests it can be useful when they do. Given scope to become rule makers, rather than just people who know how to exploit the rules, financiers have moved themselves to a position of mastery.

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  • RELIGION

    Unlocking Australia's incarceration culture

    • Andrew Hamilton
    • 23 May 2013
    6 Comments

    The Commonwealth and the Victorian state budgets this year were marked by a contradiction. Both committed more money to incarceration — detention centres and prisons; and both limited programs to help the people confined there. Such contradictions are usually signs of a bad policy that flows from shallow cultural values.

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  • CARTOON

    Labor: not aiding, abetting

    • Fiona Katauskas
    • 15 May 2013

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  • ARTS AND CULTURE

    Not poor just broke

    • Ellena Savage
    • 10 May 2013
    6 Comments

    A few years ago, when my shifts had been cut at the store and I was waiting on a few freelance cheques, I found myself down to $3 for the entire week. I don't like borrowing money, so I spent it all on a 3kg bag of potatoes and got creative. The thing to remember though is that I had $3 and a functional kitchen.

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  • EDUCATION

    Public schools' charity case

    • Dean Ashenden
    • 15 February 2013
    7 Comments

    A survey released this week found that the lion's share of philanthrpopic giving goes to independent non-government schools. Gonski devoted an entire chapter to the question of how private cash can be got to where need is greatest. The Government should act on his recommendation, but not before beefing it up.

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  • ENVIRONMENT

    Does mining cost more than it's worth?

    • Justin Glyn
    • 12 February 2013
    15 Comments

    While mining is a source of great wealth for Australia, its socio-ecological benefits are mixed. Yet the sheer power of the industry means a balanced conversation on these issues is yet to start. Both major parties are beholden to the industry and fear the advertising power its money can buy. Two examples demonstrate the problem.

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  • AUSTRALIA

    Philanthropy should be a condition of tax relief

    • Michael Mullins
    • 11 February 2013
    6 Comments

    Business Council of Australia president Tony Shepherd justifies superannuation tax concessions for the wealthy: 'We go to work, we get paid. The money is ours.' In the USA, philanthropy is common among self-made men. There is no such tradition here, where taxes are needed to fund welfare and other projects for the common good.

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  • ECONOMICS

    Migrants and big bank theory

    • Andrew Hamilton
    • 07 February 2013
    8 Comments

    There is often a natural antipathy between the financial sector and the community sector. If you give the dog a bone, say the money men, he will only rub it in dirt and bury it. If you give the bank a bone, say the community workers, it will charge you interest on the transaction. But sometimes we are nudged to reconsider our reflexive prejudices.

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  • 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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  • ECONOMICS

    Debunking the global financial con job

    • David James
    • 12 November 2012
    12 Comments

    Even after the most dangerous financial crises ever seen, finance industry lobbyists still argue that the sector should not be too heavily regulated as that would be counterproductive. This is nonsense. Money is rules. It is a question of who sets the rules and what kind of rules they should should be.

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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

    After Greece's party ended

    • Gillian Bouras
    • 15 August 2012
    3 Comments

    Things were speeding up. Greece entered the European Community, banks were throwing money at every Tom, Dick and Spiro, credit cards seemed a form of modern magic. The party is over now, and the ones who have survived in the best shape are the older villagers who never expected a party and so did not join in the spree.

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