Archive for 'Capitalism'
The disasters of the free market will lead to radicalization and political polarization argues Socialist Worker US.
Aboriginal dispossession served capitalist interests, argues Paddy Gibson in socialist magazine Solidarity, but Aboriginal people have remained a “problem” from the point of view of Australia’s rulers ever since. To read whole article click here.
Tackling climate change through a rapid transition to renewable energy is perfectly feasible, but corporate interests are determined to frustrate action, writes Erima Dall in Solidarity. ‘We cannot wait until it is “commercially attractive” before saving the planet. That is market madness. We need to demand that the government build the necessary infrastructure. They could build seven such power plants in one year alone using the money that is currently subsidising the fossil fuel industry.’
Malcom Turnbull going around saying it is un-Australian to hit a woman won’t stop it and his comments look to me as if they are cover for not doing anything substantial to address the results that flow from a sick society where women are treated as chattels or brood mares for capital.
While I think it is fantastic that the likes of Jeremy Corbyn are raising a whole range of issues from taxing the rich to re-nationalising public goods, from cutting billion from defence spending to supporting refugees and recognising Palestine, and by doing that giving hope to the millions disenfranchised by the tweedledee and tweedledum of neoliberal politics, we need to be clear that the real problem is capitalism, not just who manages it and how they do so. In the long term the only way we can win a better society is by us, the vast majority, uniting to overthrow capitalism and organising production democratically to satisfy human need.
Abbott puts short term profit before the health of Australians and before the long term health of the environment and by extension, although he is too blinded by Profit Now! to understand this, the long term survival of his beloved but destructive capitalism.
Here is the introduction to my article in Independent Australia on the media, investment and the looming problems facing Australian capitalism
Investment as a consequence of falling returns is drying up. If that trend continues then the Australian economy is headed for a major fall. John Passant questions whether capitalism is the problem along with mainstream media misunderstanding the crisis in Australian politics.
Click here to read the whole article Is capitalism the problem as investment returns dry up?
Hillary Clinton is mouthing populist rhetoric, but why should anyone believe her? asks Socialist Worker US. She is the candidate of Corporate America and business as usual in Washington.
Can capitalism address climate change?
As James Plested argues in Red Flag:
The world’s richest 85 people alone account for $2.1 trillion – equivalent to the combined wealth of the poorest half of the population. The top 1 percent is worth a whopping $134 trillion. It would only take a small fraction of this amount to drive the kind of large-scale rapid shift towards sustainability that we need. The technology and resources to do so are available. The money is there.
So why doesn’t anything happen? To read the whole article hit this link.
Writing in Socialist Worker UK, Martin Empson reviews Naomi Klein’s new book, This Changes Everything, and argues that the only way to stop climate change is to get rid of capitalism There’s no denying it—capitalism is damaging the planet. The latest Intergovernmental Panel on Climate Change (IPCC) report proves that humans are fundamentally changing the […]