Category: Inequality

Wages, wage suppression and crocodile tears

Wages, wage suppression and crocodile tears

House price falls are not the economy’s biggest worry Reserve Bank governor Dr Philip Lowe had more sensible things to say in three hours than we usually get in a month. http://www.smh.com.au/business/the-economy/house-price-falls-are-not-the-economy-s-biggest-worry-20190226-p510gk.html?btis Here Ross Gittins, economist at the Sydney Morning Herald, sheds crocodile tears over wages suppression and associated low household incomes. He backs up…

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Socialism’s Relevance Here and Now in Australia

Socialism’s Relevance Here and Now in Australia

Talking about socialism here and elsewhere Dr. Tristan Ewins consistently seeks, from within the ALP, as an open socialist to the left of Australian laborism, to promote discussion about the meaning of socialism in Australia in the 21 st century. Click here for his latest piece , “ALP Socialist Left Forum: The Prospects for Socialism…

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Understanding exploitation

Understanding exploitation

https://portside.org/2019-01-26/erik-olin-wright-1947-2019 This obituary for Erik Olin Wright makes me regret not paying more attention to his thoughts and writing. There was something of his that I read back in the early 80’s that provided some insights about union strategy at the time, that at short notice I do not recall. This says more, not good,…

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