Archive for 'Neoliberal Keynesianism'
Feeding the one percent more and more will supposedly make them fitter rather than fatter and benefit all of us. But something new has arisen. People are fighting back. The Arab spring, the European demonstrations and strikes and the Occupy movement are all symptoms of a system in crisis, a system that while it can provide benefits to the one percent now has to do so at the expense of the rest of us. Our only option is to fight back.
A funny thing happened on the way to the Parthenon. Neoliberalism rose from the grave. Not that it was ever really dead. It has just been resting, waiting for its Keynesian cousin to exhaust itself. During the global financial crisis state spending replaced private spending in many countries. What that spending hasn’t done is address stagnant profit rates. There [...]
The whole neoliberal, or free market, order that has dominated the world for over 30 years was called into question when the system plunged into economic crisis in the autumn of last year. The recent financial collapse in Dubai reminds us that the crisis is still shaking capitalism’s foundations. Yet talk about “the twilight of [...]
Posted by Leonie, July 7th, 2009 - under ABCC, ACTU, ALP, Australian Building and Construction Commission, Australian Council of Trade Unions, Australian Fair Pay Commission, Australian Labor Party, Australian politics, Building unions, Capitalism, Classes, Fair Pay Commission, Industrial action, Julia Gillard, Kevin Rudd, Keynesian neo-liberalism, Keynesianism, Labor Party, Labor wage cuts, Living standards, Neoliberal Keynesianism, Neoliberal unionism, Productivity, Reformism, Resistance, Rudd, Rudd Government, Rudd Labor, Strikes, Unemployed, Unions, Wage cuts, Wage freezes, Wage slavery, Wages, Workers, unemployment.
The reality for the working class is that to defend jobs and living standards they will have to strike, despite the opposition of Rudd Labor and the ACTU.
Posted by Bill, June 28th, 2009 - under ALP, Australia Institute, Australian politics, CEOs, Classes, HowRudd, Howard, Kevin Rudd, Keynesian neo-liberalism, Keynesianism, Merchant bankers, Neoliberal Keynesianism, Neoliberalism, Tax, Tax cuts, Tax the rich.
The HowRudd Government is giving CEOs at least an extra $41 a week in tax cuts, but has nothing for those earning less than $34,000. That is Labor for you.
Is fascism on the first step of its long march across Europe?