Tag: political economy

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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The coming economic recession and its interaction with climate change

The coming economic recession and its interaction with climate change

grist.org/article/what-the-stock-market-crash-means-for-the-climate/ I have thanked John Pratt for sharing this article, and do so again. Here is an expanded version of my first explanation of why: Thanks for pushing along this discussion about the relationship between climate change and general environmental havoc (eg species depletion) and capitalism’s current drift into recession. The two are interconnected and…

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Inequality and wages repression in Australia: workers’ experience is confirmed

Inequality and wages repression in Australia: workers’ experience is confirmed

Part 1 The latest Journal of Australian Political Economy (number 81) was published last week (click here) and reported in the Sydney Morning Herald on Saturday (click here). This new issue provides an Australian explanation of the connections between wages repression and inequality, led by material from a symposium on this topic organised by Jim…

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