786

The article below is abridged from a March 4 statement released by Adalah-NY: The Coalition for Justice in the Middle East. For more information, contactinfo@adalahny.org.
The current economic crisis comes after 14 years of boom conditions, which delivered a profits bonanza to the bosses. Workers’ share of the national income has declined from 60% in 1978 to 51% today. At the same time, the cost of living has risen significantly.
Prime Minister Kevin Rudd likes to give the impression that he takes his mission very seriously.
On February 27, the federal government received a report on the review of the pensions system conducted by Jeff Harmer, the head of the families and community services department.
“We have to cut down a lot of the clutter of anything, clutter of the work, focus product innovation, detail, all that is going on in the business but [we] just need to remove so much of the distraction to enable us to do that well”.
Keynesianism and neoliberalism Graham Matthews' interview with Professor Bill Mitchell (GLW #785) presents a standard Keynesian view of the economic crisis. Essentially, it claims that the crisis is due to the bad policies of neoliberalism:
As an alternative newspaper, based in grassroots, progressive political movements, Green Left Weekly aims to be a thorn in the side of the corporate media here in Australia and globally.
On February 18, 10 Australian economists criticised the Rudd government’s proposed carbon emissions trading scheme, and called for a science-based policy to achieve 25%-40% cuts in emissions by 2020. The statement is reprinted below.
Two hundred workers and supporters protested outside the Pacific Brands factory in Wentworthville, Western Sydney on March 6 in response to the clothing company’s plans to slash 1850 jobs around the country.
Just blocks away from Washington DC’s Capitol Hill, a new conversation swept the streets from February 28 to March 2. Within the crowded sidewalks and cafes along H and 7th Streets, certain words were likely to catch your ear: environmental sustainability, green economy, direct action, colonisation, coal-fired power plants and capitalism.

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