A while ago, I caught up with an old friend who I was close to during our postgraduate studies. We hadn’t seen each other for some years as a result of pursuing different paths in different parts of the world and it was great to exchange notes. At one stage during the conversation, she said…
Demise of the Left
The celebratory headlines in Australia today are about how the Federal government has just recorded two consecutive financial year fiscal surpluses, which the Treasurer lauded as an example of “responsible economic management” as the government removes from the economy a cumulative sum of $A172.3 billion since it was elected in May 2022. The headlines should…
In October 1987, the United Nations published a report – Our Common Future – (aka Brundland Report) which was the work of the then World Commission on Environment and Development (WCED) – that was chaird by the then Norwegian Prime Minister Gro Harlem Brundtland. It laid out a multilateral approach to dealing with climate change…
It’s Wednesday and we have discussion on a few topics today. The first relates to the new agreement between the European Parliament and the European Council that was announced on February 10, 2024, which purports to reform the fiscal rules structure that has crippled the Member States of the EMU since inception. The reality is…
I was asked during an interview the other day from Paris whether I was a Post Keynesian. I replied not at all and explained that I have never felt that my ideas fit into that category although in a facile sense we are all post keynesian in a temporal sense. Most progressive economists would answer…
There have been several interrelated strands in research and practice associated with the dominance of neoliberalism over the last decades. The problem has been that these approaches have been as much enthusiastically promoted by social democratic or progressive forces as they have conservatives. Indeed, conservative political forces have gone down the ‘Trumpian’ far right sink…
Several related strands have come together in the last week of work and thinking. Today (September 11, 2023), of course, is a massive day in history and I am not referring to the year 2001. Today marks the 50th anniversary of the overthrow of the Salvatore Allende’s democratically-elected government in Chile by the US CIA…
It’s Wednesday and I am now more or less settled in my new office which has the sun coming in from the north-east. I was talking to someone yesterday about various things and the topic of neo-feudalism or new feudalism entered the conversation – as you might expect (-: I am deeply suspicious of adding…