Failure to adequately tax mining super profits has greatly damaged the Australian economy. Living standards have stagnated in the last decade or so, while inequality has increased. This article argues that the two are related and that the concentration of profit growth in the mining sector is an obvious reason why the increase in inequality Continue reading »
Economy
The longer the corporate state erodes the social bonds that knit us to society and give us a sense of purpose and meaning the more inevitable an authoritarian state and a Christianized fascism becomes.
The post Chris Hedges: The United States of Paralysis appeared first on scheerpost.com.
Australia has several very viable options for not buying AUKUS nuclear submarines. All of them are much cheaper in the medium to short term and vastly cheaper and much less political in the long term. I have written before about alternatives to buying and operating nuclear submarines by Australia. The main disadvantages of nuclear submarines Continue reading »
BlackRock said it attended a meeting at the request of the Government to form a relationship with Nadhim Zahawi Nadhim Zahawi spent part of his last week as Chancellor seeking advice and “continued support” from the world’s largest asset manager on the Financial Services and Markets Bill and a number of other UK issues, Byline […]
Prolonged inaction on climate change has left those at the bottom of the socio-economic ladder exposed to the fluctuations of an unpredictable global market, writes Thomas Perrett
The 2021 Census provides place of work estimates for small areas across Australia. This data can be highly useful in understanding the structure and change of key employment precincts in your LGA. Every 5...By Conor Smyth / Fairness and Accuracy In Reporting (FAIR) A ban on evictions. Required paid leave. Continuous Medicaid coverage. Free school meals. Emergency SNAP allotments. An extra $600 a week in unemployment benefits. Child tax credit expansion. Thousands in stimulus checks. These measures were part of a suite of policies the US government passed […]
The post NYT Blames US Public for Collapse of Pandemic Safety Net appeared first on scheerpost.com.
With inflation up, growth down, and 80% of Britons unsatisfied with the political system, Matthew Gwyther explores a catastrophic loss of faith in our economic system
By Dave DeCamp / Antiwar.com The White House is preparing to take unprecedented action to limit US investments in China’s tech sector, POLITICO reported on Tuesday. The action would come in the form of an executive order signed by President Biden that would require American companies to notify the government of new investments in Chinese tech. It […]
The post Biden Preparing Executive Order to Limit US Investments in China appeared first on scheerpost.com.
A speech by former Treasury secretary Dr Ken Henry last month was reported as a great call for comprehensive tax reform. But it was also something much more disturbing: an entirely different perspective on why our economy has been weak for most of this century and – once the present pandemic-related surge has passed – Continue reading »