Category: Neoliberal capitalism

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…

Read More Read More

The “logic” of Morrison’s LNP new old-fashioned attack on workers’ rights

The “logic” of Morrison’s LNP new old-fashioned attack on workers’ rights

It should come as no surprise to anyone that a new LNP government would go after workers and union rights after winning an election. There has not been an LNP government that has not done that or regulatory bodies that have not fallen into line. It’s in their DNA and in a perverse sense there…

Read More Read More

A delicate moment | Michael Roberts Blog … this is actually a big deal for the Australian election and its aftermath

A delicate moment | Michael Roberts Blog … this is actually a big deal for the Australian election and its aftermath

IMF chief economist, Gita Gopinath reckoned the global economy had entered “a delicate moment”. She offered a decisive insight: “If the downside risks do not materialize and the policy support put in place is effective, global growth should rebound. If, however, any of the major risks materialize, then the expected recoveries in stressed economies, export-dependent…

Read More Read More

%d bloggers like this: