(Archive for 'Economics'
Australian economy grows, but global crisis still threatens
Posted by John, March 10th, 2010 - under Australia, Economic crisis, Economics.
Comments: 9
For many workers in Australia times will be tougher than in the midst of the crisis. Rising interest rates, the end of the cash handouts and government cuts to rein in debt will hurt.
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Crisis and the Left in Australia
Posted by John, January 16th, 2010 - under Australia, Economic crisis, Economics, Economists, Economy, Marx, Marxism, Socialist Alternative, The Great Recession, The Left.
Comments: 12
I am a fairly excitable person. I can mistake the moment for the month; the ephemeral for the eternal. But I am not alone there. Capitalism regards itself as immutable,as something that will exist forever. It mistakes now for the future and ignores the contradictory dynamics contained within the system. It also views the past through [...]
McDonald’s at the Louvre: the end of civilisation?
Posted by John, October 7th, 2009 - under Capitalism, Democracy, Demonstrations, Economics, France, Global economy, Globalisation, Jose Bove, Louvre, McDonald's.
Comments: 2
McDonald’s is going to the Louvre. The new outlet to be opened in one of the stations of the Museum has outraged some of the cultural elite who view art as their domain, not ours. The Louvre was once a palace filled with the art works of kings and queens. French Revolutionaries made it a museum for the public [...]
They party; we get the sack
Posted by John, September 17th, 2009 - under Australia, Capitalism, Economic crisis, Economics, Profit rates, Recession, Underemployment, unemployment.
Comments: none
While we face increasing unemployment and less working hours, the bosses party. What a sick society. What a rotten system.
Underemployment rising
Posted by John, August 9th, 2009 - under ALP, Australian economy, Australian politics, Capitalism, Casino capitalism, Creative destruction, Economics, Recession, W-shaped recession.
Comments: 1
We are not yet out of the woods. And if we are I suspect we are in a clearing before we go further into the heart of darkness.
Rudd’s message: all power to the casino capitalists
Posted by Leonie, July 26th, 2009 - under ALP, Australia, Australian Labor Party, Australian politics, Casino capitalism, Economic crisis, Economics, Kevin Rudd, Labor Party, Labour theory of value, Marxism, Rudd, Rudd Government, Rudd Labor.
Comments: 6
Rudd is going to hand back complete control to the casino capitalists and attack workers. What a great strategy for further disaster.
A W-shaped recession?
Posted by Leonie, July 21st, 2009 - under Australian economy, Capitalism, China, Creative destruction, Economic crisis, Economics, Global economy, Great Recession, Recession, Stimulus package, United States.
Comments: 3
This might be a W-shaped recession, with the W moving towards a w.
The Budget: waiting for growtho
Posted by Leonie, May 12th, 2009 - under Australian Labor Party, Australian politics, Budget, Capitalism, Economic crisis, Economics.
Comments: 4
This is a Budget built on illusion – the idea that growth will rocket to 4.5 percent in 2 years time. It won’t. The only people who might believe this, apart from Wayne Swann and Kevin Rudd, are Treasury. They’ve analysed previous recessions in the 80s and 90s to come up with the runaway growth figure two years [...]
Will the global economy recover?
Posted by Leonie, May 6th, 2009 - under Capitalism, Economic crisis, Economics, Great Recession.
Comments: 1
The IMF says that ‘the downturn is likely to be unusually severe, and the recovery is expected to be sluggish.’ In other words, even when the world economy stops shrinking, it is likely to find itself trapped in a long period of slow growth.
Real tax reform: a love letter to Ken Henry
Posted by Leonie, April 26th, 2009 - under Australian politics, Big business, Bosses pay, Capital gains, Capitalism, Carbon tax, Class struggle, Classes, Democracy, ETS, Economic crisis, Economics, Emissions Trading Scheme, Henry tax review, Inheritance tax, Kevin Rudd, Labor Party, Reformism, Socialism, Tax.
Comments: 8
We should look at taxation through the eyes of the working class. Tax labour lightly and capital heavily.