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Thu, 23/05/2024 - 06:00

Earlier this year, the Discipline of Political Economy, together with the Political Economy Student Society (ECOPSoc), hosted an outstanding and well-attended talk by former Greek finance minister and Honorary Professor of Political Economy Yanis Varoufakis at the University of Sydney. The talk focused on the development of technofeudalism as the latest era of capitalism, and implications for Australia of a changing global economic order. You can stream Yanis’ talk here:

School of Social and Political Sciences · Australia & The New Cold War In The Age Of Technofeudalism

The post Recording of Yanis Varoufakis: ‘Australia & The New Cold War In The Age Of Technofeudalism’ appeared first on Progress in Political Economy (PPE).

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Thu, 23/05/2024 - 05:00
It’s only noon but I’m already drinking. I think I’ll just keep going. Maybe until November: Nearly three in five Americans wrongly believe the US is in an economic recession, and the majority blame the Biden administration, according to a Harris poll conducted exclusively for the Guardian. The survey found persistent pessimism about the economy as election day draws closer. The poll highlighted many misconceptions people have about the economy, including: -55% believe the economy is shrinking, and 56% think the US is experiencing a recession, though the broadest measure of the economy, gross domestic product (GDP), has been growing. -49% believe the S&P 500 stock market index is down for the year, though the index went up about 24% in 2023 and is up more than 12% this year. -49% believe that unemployment is at a 50-year high, though the unemployment rate has been under 4%, a near 50-year low. Many Americans put the blame on Biden for the state of the economy, with 58% of those polled saying the economy is worsening due to mismanagement from the presidential administration.
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Thu, 23/05/2024 - 04:59
We are confronting a deep structural crisis in our society. We have confused the idea of democracy with the institutions of political parties and representative democracies. The major parties have become structures representing economic and security elites to which only second rate personalities flock, incapable of navigating the huge challenges we face globally. Meanwhile, the Continue reading »
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Thu, 23/05/2024 - 04:58
The Ghost Shark, a new underwater drone being developed for the Australian Navy, could kill off the deeply flawed plan to acquire eight nuclear submarines for a projected cost as much as $360 billion. Australia’s defence department says the new undersea drone would provide the navy with “a stealthy, long-range autonomous undersea warfare capability which Continue reading »
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Thu, 23/05/2024 - 04:56
The sentencing verdict of David McBride gives rise to question that, if unaddressed, will haunt the Australian Defence Force (ADF) forever. Justifiable anger is so easy to come by these days that any more reasons are gratuitously excessive. Nevertheless, they are not only intruding on daily life but to such an extent and significance that Continue reading »
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Thu, 23/05/2024 - 04:55
“The Australian government and its most senior officials have both failed to prevent or respond to the genocide committed by Israel against Palestinians in Gaza and been complicit in the carrying out of this genocide in a manner which falls squarely within Article 25 (3)(c) and/or (d) of the Rome Statute of the ICC,” state Continue reading »
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Thu, 23/05/2024 - 04:52
John Shipton has been in London, observing his son Julian Assange’s appeal against extradition to the United States. The UK High Court had granted Assange’s Defence three grounds of appeal. The first one was that Assange could be exposed to the death penalty in the United States and the US hadn’t given any assurances that Continue reading »
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Thu, 23/05/2024 - 04:51
Liu Bin, chief expert of China Automotive Technology & Research Centre (CATARC), explained that raising the temporary tariff rate on imported cars with large engines can further accelerate the green transition in China’s auto industry; and an article analysing the Biden Administration’s Section 301 Tariffs on China by a think tank affiliated with China’s Ministry Continue reading »
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Thu, 23/05/2024 - 04:49
I’m excited to share some big news: this month I transitioned into a new role as Senior Vice President of Academic Innovation for OU Education Services (OUES). OUES is a new non-profit created to manage and grow online learning at the University of Oklahoma, with the goal of increasing accessibility to higher education. The best […]
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Thu, 23/05/2024 - 03:24
Il capitalismo è un sistema economico affermatosi negli ultimi due secoli e mezzo in questa parte del mondo. Un sistema che per consolidarsi ha plasmato la società e la politica, creando un ordine sociale. Il ruolo principale dell’economia teorica dominante (mainstream) è stato quello di fornire un’apologia di un ordinamento sociale spacciato per naturale, ma […]
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Thu, 23/05/2024 - 03:00

The little pigs are their own worst enemy. Don’t get me wrong, I want to support the little pigs. Plenty of folks like me sympathize with them, but their own actions are the biggest detriment to their cause.

The little pigs make a dramatic show of their new tactics. Fresh brick, rebar construction, double-paned windows—shiny new toys they are only too happy to play with.

What some little pigs do not understand is that they are alienating potential allies. Nobody wants to see a house made of brick. It’s selfish, unsightly, and turns would-be supporters into opponents.

Past movements were much more respectful. It seems like only yesterday the little pigs were building houses out of straw. Everyone on both sides of the issue understood where the little pigs were coming from. We might not have agreed on everything, but at least we saw eye to eye.

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Thu, 23/05/2024 - 02:51

Thousands of students face severe consequences for protesting Gaza violence. Alan Macleod investigates the powerful financial and ideological ties to Israel driving the harsh responses from America’s top universities.

The post Follow the Money: How Israel-Linked Billionaires Silenced US Campus Protests appeared first on MintPress News.