Category: Exploitation

Restoring Solidarity Bargaining: is it possible?

Restoring Solidarity Bargaining: is it possible?

Earlier this week, as the ACTU pointed out, the government’s mid year economic update (MYEFO) confirmed that the Morrison government continues to mislead everyone about wages and that wages would remain suppressed for some time into the future. More mainstream commentators are now linking this to other negative trends in the economy that amount to…

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Dependence on private corporations to fix inequality and climate change will be a dead end

Dependence on private corporations to fix inequality and climate change will be a dead end

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…

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Australian bosses and “their” profits: capital strikes are good

Australian bosses and “their” profits: capital strikes are good

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…

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