Global economy faces $19tn corporate debt timebomb, warns IMF Here we have the IMF warning the capitalist class, and the governments that protect it, that they have a problem. Interest on corporate debt that cannot be repaid. It’s yet another problem of their own making. The IMF is a capitalist institution and is one of…
The Australian school students strike on September 20 put forward 3 general demands for climate justice, that they have repeated since: “But words aren’t enough to stop the devastating impact of climate change. Which is why we need movements. To keep on pushing for real action on our demands: No new coal, oil or gas projects, including…
Introduction and acknowledgement In this article I take a close look at what’s been happening in Australia with profits and investment. I have done this out of some frustration with the way in which the economy in general and specific parts of it are reported without any meaningful connection to bosses and their profits. I…