Welcome to Eureka Street
Looking for thought provoking articles?Subscribe to Eureka Street and join the conversation.
Passwords must be at least 8 characters, contain upper and lower case letters, and a numeric value.
Eureka Street uses the Stripe payment gateway to process payments. The terms and conditions upon which Stripe processes payments and their privacy policy are available here.
Please note: The 40-day free-trial subscription is a limited time offer and expires 31/3/24. Subscribers will have 40 days of free access to Eureka Street content from the date they subscribe. You can cancel your subscription within that 40-day period without charge. After the 40-day free trial subscription period is over, you will be debited the $90 annual subscription amount. Our terms and conditions of membership still apply.
There are more than 200 results, only the first 200 are displayed here.
Monetary authorities are caught in an impossible situation. Inflation is rising: it is over 5 per cent in Australia and over 9 per cent in the United States. Inflation is often seen as a way out of excessive debt because it erodes the real value of money and therefore the real value of the debt. But what is increasingly being discussed are ways to cancel the debt.
One of the tests by which we can judge political maturity is whether it gives due weight to complexity. It is easy to reduce political conversation to opposed statements between which we must choose. That will sometimes be appropriate. Often, however, discussion of policy raises several different questions, each of which needs to be considered.
Pope Francis recognised that Moscow’s invasion of Ukraine was ‘perhaps somehow provoked’ and said he was warned before the war that Nato was ‘barking at the gates of Russia’. In an interview with the Jesuit magazine La Civiltà Cattolica the Pope condemned the ‘ferocity and cruelty of the Russian troops’ but warned against a fairy tale perception of the conflict as good versus evil.
The only shock about the UK Home Secretary’s decision regarding the extradition of Julian Assange was that it did not come sooner. In April, Chief Magistrate Senior District Judge Paul Goldspring expressed the solemn view that he was ‘duty-bound’ to send the case to Priti Patel to decide on whether to extradite the WikiLeaks founder to the United States to face 18 charges, 17 grafted from the US Espionage Act of 1917, and one based on computer intrusion.
The leaders of the past are often referred to as a measuring stick for evaluating the present. Australian prime ministers are routinely compared to John Curtin or Robert Menzies. This coming week calls to mind another leader against whom we might measure others. July 18 marks Mandela Day, an annual international day in honour of Nelson Mandela, the first Black President of South Africa. Mandela had the quality, rare today, of being born to rule.
Indicating the Vatican will be stepping up its climate diplomacy, the Holy See is now a formal party to the UN Framework Convention on Climate Change and has declared it intends also to formally join the 2015 Paris Agreement. The Holy See announced that it would be acceding to the Paris Agreement as soon as that treaty’s ‘legal requirements’ allow.
The subjugation of the world’s First Nations people was enshrined in the Doctrine of Discovery, a series of papal decrees made by Pope Alexander VI in 1493, where any land not inhabited by Christians was available to be ‘discovered,’ claimed, and exploited by Christian rulers. The Doctrine of Discovery legitimised Christian explorers’ claims to land uninhabited by Christians, promoting and fortifying Christian domination, and forcing original inhabitants into Christianity.
Debate between more traditionalist Catholics and those who want to see reforms more fully implemented has become increasingly heated in the lead-up to the Plenary Council. One thing that could prevent a serious split from happening is the simple act of talking — and listening — to one another.
The question that should be posed is how effective has the Reserve Bank been at ‘managing’ the economy and financial system? ‘Not very’, has to be the answer. Not that the RBA is alone. The same pattern has been seen across the developed world. Central banks have one weapon at their disposal, the cost of money (the interest rate), and there is not much evidence they have used this tool to make their systems sustainable. Mostly, they have made matters worse.
Concern about political malfeasance in Australian politics was one of the issues that drove the influx of new members (mainly women) into the Australian Parliament on 21 May, and they are promising a raft of reforms. The astounding thing is that we managed to leverage the change of 21 May 2022 within the confines of a system that inherently favours the status quo, the preferential voting system tending to channel votes back to the major parties.
In the context of mass school shootings in the United States, the latest of which took place at Robb Elementary School in Uvalde, Texas, a crude form of deterrence has made an appearance. To be safer, you do not remove guns, but spread them through a policy of mutually assured terror. Any gun toting individual entering the school grounds will think twice before encountering the hail of bullets from a protective teacher. Gun control, accordingly, becomes anathema.
One would assume that the Victorian Liberal Party has looked at the numbers, and believes that religious conservatives no longer make up a significant proportion of their constituency. Certainly, the moral authority of the Catholic Church and other Christian denominations has taken a battering in the state over the last decade, with many remaining openly hostile to religious perspectives. If the pro-life movement was ever a significant force in Australian politics, that’s no longer the case.
133-144 out of 200 results.