Money laundering and tax evasion on a massive scale has been revealed in the leak of more than 11 million documents from Panamanian law firm Mossack Fonseca. The documents show how Mossack Fonseca has helped clients launder money, dodge sanctions and avoid tax. The documents reveal activities by multi-nationals, current or former heads of state, […]
Market Failure, Inequality and Inefficiency
The ALP national platform says the following about markets and market failure: “Markets have fostered abundance and growth that would be inconceivable to previous generations. All markets are structured by legal frameworks, as well as underwritten by public investments in physical and human capital. Markets exist to serve communities and government can and should shape […]
Something has shifted in politics in the USA
For fifty years, throughout the ‘Cold War’ and even during its aftermath, the word “socialism” was completely taboo in the USA. Those tending towards the left of the political spectrum were typically referred to as ‘liberals’. You might get away with describing yourself as a socialist in Europe. But not in the USA. Now however […]
Australian Unions- Why is their membership declining? What does it mean for the ALP?
There are multiple causes of the decline in the proportion of the Australian workforce that is unionised. These include casualization of the workforce, increase in the proportion of the workforce that is engaged as sub-contractors, manufacturing and services moving offshore, trade exposure of unionised enterprises to non-unionised enterprises both abroad and within Australia, increased restrictions […]
Our Shame- Why is Federal Labor Supporting Indefinite Detention of Asylum Seekers?
Let’s be intellectually honest: Federal Labor is now effectively coalescing with the indefinite detention of asylum seekers on Nauru and Manus Island. This is occurring despite the lead given by Victoria’s Labor Premier Daniel Andrews (followed by most other Australian premiers) that 267 asylum seekers brought to Australia from Nauru, ought to be permitted to stay […]
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