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G. K. Chesterton said that 'too much capitalism does not mean too many capitalists, but too few capitalists'. In our young century, we have lost capitalists, and wealth has coagulated to a seemingly smaller and smaller number of financiers, oligarchs and corporations. The stock market is where entrenched wealth is kept and made. An industry-shattering share-trading app is set to help deepen our pool of capitalists.
Words like rorter, bludger and leaner only ever seem to apply to those who apply for welfare. A politician who draws down unreasonably on entitlements or a banker who earns stratospheric bonuses are seen as passive beneficiaries of the system. It seems the case that only those with power or capital are allowed to blame systems. The rest of us get to be individuals who make choices.
As high level negotiators left the air foetid in Europe and Australia, South America was scented rather more freshly, with Pope Francis ahead in the stakes of providing hope for humanity. He delivered a fiery denunciation of modern capitalism, declaring modern capitalism's 'unfettered pursuit of money' the 'dung of the devil' and accusing world leaders of 'cowardice' for refusing to defend the earth from exploitation.
View this week's offering from Eureka Street's award winning political cartoonist.
A belated early April referral to the urologist led to an alarming ultrasound and a blunt instruction to head for the nearby emergency triage. My bladder was a water balloon waiting to go splat. When the kids and their Ma picked me up from emergency, Emily stood guard over her Dad while the others got the car. The kids helped Trude with cleaning and chores as school holidays beckoned and my body needed time to reset before surgery was advisable.
Indonesia is a country of great promise with a significant, maybe crucial, contribution to make to our troubled world. As a very large, pluralist, Muslim-majority democracy it offers a template for other societies in transition. President SBY was acutely aware of this opportunity and through his democracy forums and other initiatives did much to re-brand Indonesia in this positive light. All this good work is being undone by the anal, small-town thinking the executions represent.
Francis is always ready to criticise unbridled capitalism, but he makes a point of not shaming particular tax dodgers or profiteers. Targeting individuals has become a thing in the age of social media, but those who are left alone are more likely to come forward and join the public conversation. Warren Buffett, one of the world's richest persons, did this when he declared that he paid less tax than his employees, and that he and his wealthy friends have been 'coddled long enough by a billionaire-friendly Congress'.
I have witnessed Aboriginal payback. It was in the Kimberley on an open sports oval. A young girl from the community had been found killed and I watched the community's desire to re-balance itself with the serious and public punishment of the offender. The whole community was present as the family of the deceased took it in turns to beat his back and stab his thigh. It was one of the most highly charged emotional events I have ever experienced. At the end, after all the punishment, he fell. The nurses took him into the health clinic and he was later evacuated to hospital. After the ritual was over I remember speaking to the father of the young girl. 'I want to kill him', he said. 'But even that will not remove your pain', I replied. His hurt was raw and tangible and nothing seemed able, at that time, to even get close to healing it. Read more
While people are alive there is the possibility, admittedly sometimes remote, that they will respond by reflecting on their lives, becoming deeper and more generous as human beings, making connections with others and contributing even in small ways to the happiness of others and to society. Capital punishment brutally excludes possibility and leaves all of us the smaller for it.
As a former business executive, the Archbishop of Canterbury Justin Welby speaks with particular authority on economic issues. He has just given a landmark speech on the ‘Good Economy’ in which he stresses that everybody including the marginalised has a role to play. As our Coalition MPs undergo soul searching in order to reconnect with the Australian people, they might consider the virtues of a reduced pace of economic growth that has more universal benefit.
The execution of Andrew Chan and Myuran Sukumaran is expected to take place on Nusakembangan, a prison island off Central Java. Visitors there are greeted by a sign which translates: 'They are not criminals, just lost people, and it is never too late to repent'. To be executed after you repent, however, is certainly too late. It also diminishes Indonesia. But let’s not write Indonesia off.
America's iniquitous health care system is often portrayed with dark humour in popular culture such as the 2007 Michael Moore film Sicko. Our own Federal Government has been putting constant pressure on our system of universal health care as it pursues a course of action that presents class warfare as fiscal responsibility. It raises questions about the vested interests behind dismantling health care protections for poor people.
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