Holding Pattern

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ACTU Jobs Plan

August 22, 2020 by Peter Holding Leave a Comment

In May 2020, the ACTU released a document on rebuilding the economy and jobs beyond the COVID crisis. it urges the adoption of 2 million additional secure jobs by the end of 2021. By secure jobs, it means “jobs where permanent roles are the norm. Employees are entitled to at least a living wage, paid leave, […]

Filed Under: politics

Secret Ballots and ALP Democracy

August 4, 2020 by Peter Holding Leave a Comment

Secret ballots may certainly be necessary to ensure democracy in certain situations. But everything depends on the context. In some contexts, a secret ballot is clearly regarded as anti-democratic. We insist on open voting in Parliament and on Local Councils.  In these contexts, a secret ballot would be regarded as anti-democratic. We hold that members of […]

Filed Under: politics

On Factions (Part 2)

August 4, 2020 by Peter Holding Leave a Comment

(See part 1 of this article here) Some people seem to imagine that if factions did not exist debates in the Labor Party would be more open and democratic. If not for factions, the issues could be worked through debates on the Conference floor and then voted upon democratically. Maybe the policy supported by the […]

Filed Under: politics

THE USA- Wall Street v Main Street

July 23, 2020 by Peter Holding Leave a Comment

The COVID-19 pandemic induced an economic panic in March 2020. Share prices declined by 30%. The Federal Reserve Bank responded to the panic by again expanding its balance sheet assets by a whopping 66%. It went from US$4.2 trillion on March 4, 2020, to in excess of US$7 trillion on May 20, 2020: Not surprisingly, […]

Filed Under: politics

On Factions (Part 1)

July 18, 2020 by Peter Holding 1 Comment

Kevin Rudd has called for factions within the ALP to be “abolished”. What are we to make of this? At the outset, I should declare for transparency that I am a long-standing member of the Socialist Left faction of the ALP and a former long-standing member of its executive. To start I think Kevin Rudd’s […]

Filed Under: politics

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