Economy

Created
Tue, 14/05/2024 - 04:53
It’s time we reckoned with what it means to become a corporatocracy. Our governments exist to enact the desires of their corporate masters. Some of these politicians, like Madeleine King, appear to do so with alacrity, while others appear lost in the perceived demands of party and pressure groups. The end result will be an Continue reading »
Created
Tue, 14/05/2024 - 04:56
12½ years ago I wrote, in a column published in the Fairfax (now Nine) mastheads, that “the surest way to gain acceptance for policy proposals that former Treasury Secretary Ken Henry might have called ‘frankly, bad’ is to wrap them in a ‘security’ blanket”. That is, I went on, “if you want a government to Continue reading »
Created
Mon, 13/05/2024 - 04:55
With a couple of minutes Googling, your favourite Martian could be well informed on the role of government in the Australian economy from the moment of the arrival of the British colonialists. It’s been big. Colonial and other governments have not only provided legal and economic frameworks within which private organisations can work, they’ve done Continue reading »
Created
Sun, 12/05/2024 - 04:56
The commentary that surrounds the Federal Budget is a noise of dissatisfaction and ‘negative bias’. The reality is that the ‘power of constant attack’ will make it harder to co-operate together, in bipartisan fashion, on crucial matters. Is there another way? My cousin has written of the courage and fortitude of our farming forebears. They Continue reading »
Created
Mon, 06/05/2024 - 04:58
Is capitalism capable of long term meaningful reform? This is perhaps the most import of issues to address, given that environmental disaster is becoming an inevitability under the present watch of capitalism. When reading the recent articles in P&I by Michaël Keating on the need for a different approach to understand the impact of technology Continue reading »
Created
Mon, 06/05/2024 - 04:50
Twenty-three years ago, a Chinese-Australian solar scientist moved from Sydney to Wuxi to build China’s solar panel manufacturing industry from scratch, using technology developed in Australian universities. Shi Zhengrong became the world’s first clean energy billionaire, nicknamed “The Sun King”. China went on to dominate global solar panel manufacturing and, thanks to a mix of Continue reading »