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John Passant

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Keep socialist blog En Passant going - donate now
If you want to keep a blog that makes the arguments every day against the ravages of capitalism going and keeps alive the flame of democracy and community, make a donation to help cover my costs. And of course keep reading the blog. To donate click here. Keep socialist blog En Passant going. More... (4)

Sprouting sh*t for almost nothing
You can prove my 2 ex-comrades wrong by donating to my blog En Passant at BSB: 062914 Account: 1067 5257, the Commonwealth Bank in Tuggeranong, ACT. More... (12)

My interview Razor Sharp 18 February
Me interviewed by Sharon Firebrace on Razor Sharp on Tuesday 18 February. http://sharonfirebrace.files.wordpress.com/2014/02/18-2-14-john-passant-aust-national-university-g20-meeting-age-of-enttilement-engineers-attack-of-austerity-hardship-on-civilians.mp3 (0)

My interview Razor Sharp 11 February 2014
Me interviewed by Sharon Firebrace on Razor Sharp this morning. The Royal Commission, car industry and age of entitlement get a lot of the coverage. http://sharonfirebrace.com/2014/02/11/john-passant-aust-national-university-canberra-2/ (0)

Razor Sharp 4 February 2014
Me on 4 February 2014 on Razor Sharp with Sharon Firebrace. http://sharonfirebrace.files.wordpress.com/2014/02/4-2-14-john-passant-aust-national-university-canberra-end-of-the-age-of-entitlement-for-the-needy-but-pandering-to-the-lusts-of-the-greedy.mp3 (0)

Time for a House Un-Australian Activities Committee?
Tony Abbott thinks the Australian Broadcasting Corporation is Un-Australian. I am looking forward to his government setting up the House Un-Australian Activities Committee. (1)

Make Gina Rinehart work for her dole
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Sick kids and paying upfront

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Save Medicare

Demonstrate in defence of Medicare at Sydney Town Hall 1 pm Saturday 4 January (0)

Me on Razor Sharp this morning
Me interviewed by Sharon Firebrace this morning for Razor Sharp. It happens every Tuesday. http://sharonfirebrace.com/2013/12/03/john-passant-australian-national-university-8/ (0)

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Archive for 'Mining taxes'

Some random thoughts on Marx, absolute rent and the mining industry

Absolute rent has caused great debate and controversy among left wing writers. Is it actually two concepts – monopoly rent and absolute rent, or just absolute rent arising from the low level of say capital investment in agriculture? [12] I adopt David Harvey’s approach, of distinguishing between absolute rent and monopoly rent. [13] Others, like Faysil Yachir, argue that despite a very high OCC in the mining industry there can still be absolute rent because of monopoly.[14] The two, as I have outlined above are different, but related, a matter which I hope becomes clearer when we work through the differences between State and Territory absolute rents such as royalties and Commonwealth monopoly rents in the form of rent taxes.

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Me on the mining tax

My article ‘The Minerals Resource Rent Tax: The Australian Labor Party and the continuity of change’ has been published in (2014) 27 (1) Accounting Research Journal 19. If you have University Library access you can have a read if your library has subscribed. It borrows from the ideas of Tom Bramble and Rick Kuhn about […]

My article ‘The Minerals Resource Rent Tax: The Australian Labor Party and the continuity of change’ has been published

My article ‘The Minerals Resource Rent Tax: The Australian Labor Party and the continuity of change’ has been published in (2014) 27 (1) Accounting Research Journal 19. If you have University Library access you can have a read if your library has subscribed. It borrows from the ideas of Tom Bramble and Rick Kuhn about […]

Australia’s mining barons stole the boom

The resources boom has been an El Dorado for big and dirty capitalism. Now that the capitalists see the writing on the wall, they are preparing to launch another round of attacks. Our side got nothing from the boom. We sure as hell shouldn’t have to pay for the bust.

Tax: some recent unpublished Financial Review letters

I have written recently to the Australian Financial Review – a newspaper in the process of joining the fruitcake faction of capital and becoming a more educated version of The Australian – on mining companies and tax and superannuation. In the interests of free speech for more than just billionaires and their sycophants I reproduce below my to date unpublished letters.

The Minerals Resource Rent Tax and other lies

The money is there. So why not start all over again? I have a suggestion. How about a 40% super profits tax applying to all resources? Oh…The ghost of Kevin Rudd ensures that won’t happen.

And while we are at it, why not a super profits tax on all super profits, not just those in the resource sector. The Big 4 banks come to mind.

Will the big miners dump Gillard too?

Nationalise the mines under workers’ control.

More rich bastards rattle their pearls in protest

It’s the interests of the rich schools, the rich miners, the big polluters and the other billionaire bludgers whom Gillard and her Labor Party serve.

Tax the mining companies to keep interest rates down

One of the best ways to keep interest rates down would be to properly tax resource rents. Thanks for the forthcoming interest rate rises Julia and Tony and Markus, Tom, Twiggy and Clive.