Capitalism

What are the strengths of the “Green New Deal” campaign launched by progressives in the United States and now being taken up by environmental and labour activists in Britain, Australia and other countries? Is it something socialists should support?

Despite overwhelming evidence that the world has already passed certain tipping points, setting off large and unpredictable changes in the climate, why are governments still refusing to act on the scale and pace required, asks Pip Hinman?

Welcome attention was drawn to the issue of poverty with the 2014 publication of Thomas Piketty’s Capital in the Twenty-first Century, which became an international bestseller.

The Political Economy of Inequality by Frank Stilwell, Emeritus Professor of Political Economy at the University of Sydney, gives a more rounded overview of the issue in a more manageable volume than Piketty’s hefty magnum opus.

When billionaires advocate for social change, or adopt green issues, they are not doing so for the public good, but to reinforce an unequal status quo, writes Rupen Savoulian.

US presidential candidate, Bernie Sanders gave the following speech at George Washington University on June 12.

The Christchurch massacre has prompted many to reflect on the times we live in.

Climate change is the result of an economic system — capitalism — in which private companies' profit-making is privileged over the real needs of communities and their environments. Here is the Socialist Alliance's 11-point climate action plan.

Climate change is already impacting our lives. As it gets worse, we will be affected by more floods and storms, bushfires and droughts.

Globally there will be less clean water and farmland available. This disproportionately affects those who have the least — women, Indigenous people and those living in exploited nations.

Climate change is a result of an economic system — capitalism — in which private companies’ profit-making is privileged over the real needs of communities and their environments.

Right-wing radio shock jock Alan Jones had a meltdown on his Radio 2GB program on June 26 when he reported survey results showing that 58% of Millennials (those born between 1980 and 1996) favour socialism, 59% think capitalism has failed and 62% think workers are worse off than they were 40 years ago.

Their accountants and lawyers have done their annual magic. They have massaged the numbers, whisked away a gazillion or more dollars to the Cayman Islands, or some other tax haven and — oh, what a miracle — they have managed to reduce their taxable income to zero (or better still, into the offset bliss of notional “losses”).

And all this while they sit by the pool, sipping only-the-best champers.

What a life — for some.

This year marks the 50th anniversary of the assassination of Martin Luther King Jr on April 4, 1968.

The murder of one of the great Black leaders of the time by white racists with the complicity of the US government, most likely the FBI, stunned all African Americans in the country.

Game of Mates tells the story of two Australian men, the working-class Bruce and the capitalist James — two imaginary but emblematic men with very different lives.

Written by economists Cameron Murray and Paul Fritjers, these two archetypal characters are used to tell the story of economic theft across Australia.