Economic myths Mark Diesendorf The dominant economic system, capitalism, has the goal of generating profit through private ownership and control of the means of production.…
The post Economic myths appeared first on Economic Reform Australia.
neoliberalism
From public good to corporate enterprise: The financialisation of universities (Part 2) John H Howard A dominant challenge for universities now is the expectation that…
The post From public good to corporate enterprise: The financialisation of universities (Part 2) appeared first on Economic Reform Australia.
From public good to corporate enterprise: The financialisation of universities- (Part I) John H Howard In recent months, Australian universities have been increasingly scrutinized over…
The post From public good to corporate enterprise first appeared on Economic Reform Australia.Failures in privatised care starkly illustrate the inevitable failure of neoliberalism Geoff Davies The failures of privatised child care and aged care have starkly illustrated…
The post Failures in privatised care starkly illustrate the inevitable failure of neoliberalism first appeared on Economic Reform Australia.How monetary myths conceal power Asad Zaman Modern economics rests on a dangerous illusion: that abstract, universal laws – derived primarily from the European experience…
Milei’s “Radical Plan”, revisited – part 2 Peter Rock-Lacroix In 2023, Javier Milei pitched dollarization as the path toward prosperity for Argentina. Two years on,…
Milei’s “radical plan”, revisited – part 1 Peter Rock-Lacroix In 2023, Javier Milei pitched dollarization as the path toward prosperity for Argentina. Two years on,…
The return of full employment – part 1 Steven Hail How the unemployed became a tool to discipline workers and keep wages down, and why…
by Glory M. Liu* People like to fight over Adam Smith. To some, the Scottish philosopher is the patron saint of capitalism who wrote that great bible of economics, The Wealth of Nations (1776). Its doctrine, his followers claim, is that unfettered markets lead to economic growth, making everyone better off. In Smith’s now-iconic phrase, […]
Universities: dead, buried and cremated? Geoff Davies In the late nineties, the management of the Australian National University was attacking its academic staff. That may…