Category: Neoliberal capitalism

Fine Dining and Class Warfare … Australian Style

Fine Dining and Class Warfare … Australian Style

Sticking up for Big Hungry Profiteering Over the past few days various media reports have highlighted the delicious connections between fine dining, wage theft and class warfare. Starting in reverse order, we had the Financial Review reporting former BHP Chairman Don Argus railing against the ‘silly’ class war being waged by the ALP. Putting aside…

Davos Forum 2019 – working out how to keep the 90% under control despite everything

Davos Forum 2019 – working out how to keep the 90% under control despite everything

https://thenextrecession.wordpress.com/2019/01/22/davos-and-the-liberal-order/ I think this, by Michael Roberts, is a pretty good summary of what the Davos Forum, now underway on the ski slopes in Switzerland, is up to this year.The one per-centers who are there are focused on how to make sure that the twin crises of climate change and inequality across and within nations…

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Impending crisis, the broken rules of the system v the 90%

Impending crisis, the broken rules of the system v the 90%

Here, Michael Roberts gives a good overview of the global picture regarding new levels of instability in the economic system. Instability is an intrinsic feature of the capitalists system we live in. He starts as follows: The US stock market turned volatile this week and has now erased all the gains made up to now…

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