Archive for 'Keynesianism'
Cut profits, not wages
Posted by Leonie, July 7th, 2009 - under Industrial action, Julia Gillard, Kevin Rudd, Keynesian neo-liberalism, Keynesianism, Labor Party, Labor wage cuts, Living standards, Neoliberal Keynesianism, Neoliberal unionism, Productivity, Reformism, Resistance, Rudd, Rudd Government, Rudd Labor, Strikes, Unemployed, unemployment, Unions, Wage cuts, Wage freezes, Wage slavery, Wages, Workers.
Tags: ABCC, ACTU, ALP, Australian Building and Construction Commission, Australian Council of Trade Unions, Australian Fair Pay Commission, Australian Labor Party, Australian politics, Building unions, Capitalism, Classes, Fair Pay Commission
Comments: 1
The reality for the working class is that to defend jobs and living standards they will have to strike, despite the opposition of Rudd Labor and the ACTU.
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Rudd’s Howard continuity: tax cuts for the rich
Posted by Bill, June 28th, 2009 - under Kevin Rudd, Keynesian neo-liberalism, Keynesianism, Merchant bankers, Neoliberal Keynesianism, Neoliberalism, Tax, Tax cuts, Tax the rich.
Tags: ALP, Australia Institute, Australian politics, CEOs, Classes, Howard, HowRudd
Comments: none
The HowRudd Government is giving CEOs at least an extra $41 a week in tax cuts, but has nothing for those earning less than $34,000. That is Labor for you.
A fascist future for Europe?
Posted by Bill, June 8th, 2009 - under Keynesianism, Neoliberal Keynesianism, Neoliberalism.
Tags: Economic crisis, Europe, Fascism, Fighting back
Comments: 3
Is fascism on the first step of its long march across Europe?
No one’s job is safe
Posted by John, March 4th, 2009 - under Keynesianism, Labor Party, Living standards, Neoliberalism, Resistance, sackings, Social Democracy, Strikes, Trade, Trade unions, unemployment, Unions, Wage cuts, Wage freezes, Wages.
Tags: ALP, Australian Council of Trade Unions, Australian politics, Big business, Capitalism, Economics, Fighting back
Comments: 38
“I wouldn’t say anyone’s job was safe.” Sometimes politicians tell the unadorned truth. Kim Carr, Labor’s Minister for Innovation, Industry, Science and Research, did that the other day when he warned about forthcoming massive job losses in Australia. Apart from saying anyone could lose their job, he also told 3AW that “these are difficult times, we […]
Interest rates unchanged
Posted by John, March 3rd, 2009 - under Interest rates, Keynesianism, Labor Party, Living standards, Neoliberalism, sackings, unemployment.
Tags: Australian politics, Banks, Capitalism, Economics
Comments: none
The Reserve Bank of Australia has kept interest rates unchanged. The cash rate remains 3.25 per cent. As the economy tanks – unless the inflation bogey is scaring the Bank more than mass unemployment – the RBA is likely, in my opinion, to slash this figure next month.
Billions for bombs, nothing for mums
Posted by John, February 27th, 2009 - under Keynesianism, Maternity leave, unemployment, Unions.
Tags: ALP, Australian Council of Trade Unions, Australian politics, Big business, Capitalism, Defence, Economics
Comments: 1
Labor sees paid maternity leave as an impediment to keeping women out of the workforce. So they won”t introduce it.
Economic crisis:Recession and rebellion
Posted by John, February 24th, 2009 - under Keynesianism, Marxism, Nationalisation, Neoliberalism, Socialism, unemployment.
Tags: ALP, Australian Council of Trade Unions, Australian politics, Big business, Capitalism, Creative destruction, Democracy, Economics, Fighting back, France
Comments: 4
Australia is not immune from the economic crisis. Class struggle in response to the ferment can break out here too.
We have the same class divisions as other countries. Our bourgeoisie and Governments will attempt to shift the burden of the crisis onto workers. That of course is already happening with wage freezes, reduced hours and sackings, and stimulus packages aimed at bolstering profits, and promoting attacks on wages.
A new audience for socialist ideas?
Posted by John, February 19th, 2009 - under Keynesianism, Marxism, Neoliberalism, Social Democracy, Socialism, Stalinism, The Left, unemployment.
Tags: Australian politics, Economics, Fighting back, France
Comments: 4
The mood on campus is different this year – more questioning. On Wednesday I was manning the Socialist Alternative stall at the Australian National University with a few other comrades for the beginning of the academic year. Of course there are still the usual party, party, party people. (By that I mean those interested in […]
The madness of capitalism
Posted by John, February 19th, 2009 - under Keynesianism, Neoliberalism, United States.
Tags: Capitalism, Economics
Comments: none
Last year there were about 6 million homeless in the US. At the moment about 5 million Americans face imminent foreclosure and many will end on the streets if that happens. There are 18 million empty homes. The solution seems obvious, doesn’t it? Let the homeless live in the empty dwellings. Instead there is a […]
What if Marx is right?
Posted by John, February 18th, 2009 - under Keynesianism, Labor Party, Marxism, Neoliberalism, Social Democracy, Socialism, The Left, The Liberals, The Right, unemployment.
Tags: ALP, Australian politics, Big business, Capitalism, Creative destruction, Economics
Comments: 4
There is a dagger at the heart of capitalism. It is the tendency of the rate of profit to fall. If Marx is right about this tendency then it doesn’t really matter in the long term whether you are a stimulator or tax cutter, a Keynesian or a Friedmanite. Stimulus packages, tax cuts, letting business […]