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Keywords: Capitalism

  • AUSTRALIA

    The problem with CEO pay rises

    • Joe Zabar
    • 25 June 2024

    For decades, unchecked corporate power and policy failures have driven up Australia's cost of living, leaving many Australians struggling. As corporate interests dominate, CEO pay increases dramatically while wages stagnate, and inflation rises. This influence of corporate Australia has eroded economic safeguards, dismantling the guardrails that once protected the common good.

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  • AUSTRALIA

    When safetyism leads

    • Julie Szego
    • 07 June 2024

    In response to campus protests, universities erred on the side of free speech when every other day, the prevailing ethos is one of ‘safetyism’, namely suppressing speech or inquiry if an identity group frames it as ‘harmful’ to them. Universities should strive to be uncomfortable and ‘unsafe’ for all, with no identity immune from robust scrutiny.

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  • ECONOMICS

    Waiting on the cash flow oracle

    • David James
    • 05 June 2024

    Early every month Australians with big mortgages anxiously wait to find out if the Reserve Bank will raise interest rates and put more pressure on their domestic budgets. It is a bit like waiting for pronouncements from the modern day equivalent of the Delphic oracle.

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  • AUSTRALIA

    Neither seen nor heard

    • John Falzon
    • 30 May 2024

    In a signature essay published last year in The Monthly, Treasurer Chalmers staked out an ideological terrain he described as ‘values-based capitalism.’ The Budget 2024 is quite the big reveal on what those values include and who they exclude. In it, the people who have borne the brunt of inequality and precarity are neither seen nor heard. 

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  • AUSTRALIA

    We must work so that all can rest

    • Andreana Reale
    • 18 March 2024
    2 Comments

    In today's 24/7 Grind Culture, rest has become rare. Rebuilding a healthy culture of rest will involve supporting workers with decent wages, campaigning against companies that exploit employees, and investigating supply chains that use slavery and exploited labour to produce their products. 

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  • ECONOMICS

    Are we in a post-industrial society?

    • David James
    • 20 February 2024
    3 Comments

    What does it mean when ideas of scarcity – supposedly the driving principle in understanding supply and demand – are no longer the only or best way to think about economic activity? What is needed to understand the post-industrial environment is a new way of thinking about economics and finance. 

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  • ECONOMICS

    Taking care of business

    • David James
    • 06 July 2023
    2 Comments

    Why does society often overlook the passion, creativity, and dedication that underpin smaller businesses? As the public's perception leans towards the unfavourable side, is there a need to shift our focus and truly acknowledge the value and contributions these businesses make in our daily lives?

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  • ECONOMICS

    When transactions mask reality

    • David James
    • 01 May 2023

    As the economy becomes more focused on monetary exchange, we overlook underlying realities that are hidden from plain sight. Largely invisible aspects of our economic life such as transactionalisation and industrial efficiency are transforming our society and can shape our future in unexpected ways. So what does this mean for the future of capitalism and our society?

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  • ECONOMICS

    Managestocracy

    • David James
    • 28 October 2022

    Who wields the most power in the world? If one follows the money trail, it becomes clear that Western societies have become ruled by a new type of aristocracy: a management aristocracy. 

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  • ECONOMICS

    Best of 2021: Homelessness is caused not by poverty but by wealth

    • John Falzon
    • 04 January 2022
    7 Comments

    When you put rising housing costs alongside stagnating wages, an alarming trend in normalising insecure work, persistent unemployment and underemployment, and statutory incomes that are going backwards in real terms, there’s good reason to be deeply worried about an increase in homelessness.

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  • ECONOMICS

    Best of 2021: Why corporatism, not capitalism, is the root of social harm

    • David James
    • 04 January 2022
    3 Comments

    There really is no such thing as ‘capitalism’ — or rather there are so many capitalisms that the word is altogether too imprecise to be useful. A much better term to identify the problems, even evils, of modern developed economies is ‘corporatism’. This can be precisely identified and its transgressions and general harm are getting worse.

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  • ECONOMICS

    Homelessness is caused not by poverty but by wealth

    • John Falzon
    • 10 August 2021
    13 Comments

    When you put rising housing costs alongside stagnating wages, an alarming trend in normalising insecure work, persistent unemployment and underemployment, and statutory incomes that are going backwards in real terms, there’s good reason to be deeply worried about an increase in homelessness.

    READ MORE