Whether or not US Treasury secretary Henry Paulsons rescue scheme works, one thing is already crystal clear: The capitalist system has failed spectacularly. The following editorial was published by the US Socialist Worker on September 25.
-
-
The Socialist Alliance will stand two candidates for the City of Maribyrnong in the November council elections, on a platform of community and environment before developers profits.
-
Beauty myth I am writing in response to Pam Rankin's questions (Write On #767) regarding the way women dress and treat their bodies. To find the answer to who "forces" Western women to wax, pluck, chemical peal and worse, we don't have to look
-
On September 15, in his last full day as federal opposition leader, Brendan Nelson confronted the Labor government with a tin of baked beans and a jar of jam. “That is the reality for Australian pensioners: baked beans and jam sandwiches”, Nelson said, moving a censure motion against the government for its failure to agree to increase the Age Pension by $30 a week.
-
As I write this column the newspapers report that United States, Canadian, European and Japanese banks have combined to inject an extra US$180 billion (A$225 billion) into global financial markets. It is the latest desperate measure to try to stem the year-old global financial crisis commonly — and misleadingly — labelled the US subprime mortgage crisis.
-
In the room are a chemical engineer from a large mining/energy corporation, a solar energy engineer, a psychiatrist, a veterinarian, an artist and a construction worker. Also present are an ex-Labor Party activist, a Greens candidate in the 2007 election and a socialist student. Where do you find all these people, and more besides, in one room working for the one cause? At a meeting of Melbournes Climate Emergency Network (CEN).
-
“Will my superannuation fund be next?” “Are my savings safe?” As working people in the developed economies watch the assets of one financial institution after another vaporise into nothingness, tens of millions are asking these dreadful questions.
-
The Macquarie Dictionary defines plutocracy as “the rule or power of wealth or of the wealthy”. With the accession of Malcolm Turnbull, the richest person in parliament, to the leadership of the Liberal Party, this definition would seem to provide a pretty good description of Australian “democracy” also.
-
On September 5, the government’s climate change adviser, Professor Ross Garnaut, released his recommendations for medium-term cuts to Australian greenhouse gas emissions.
-
Workplace 'restructures' In my workplace we have been suffering restructuring for the whole time I have been there, which is three years now. We have had the closing down of sites, redundancies, increased workloads, unfair rosters and restrictions
-
The Fairfax Media workers’ strike on August 28-31 signalled growing troubles in the Australian media industry.
-
Bruno, a supporter of Green Left Weekly, said to me last week that the political situation today reminded him of a famous quote from a story about a Sicilian prince at the time Italy’s feudal principalities were being challenged by Giuseppe Garibaldi’s “Redshirts”: