economy

International students: a cash cow for universities and targets for racism

The Australian government released its National Strategy on International Students 2025 in April.

At its heart lies a strategy for exploiting international students and increasing the commercialisation of the education sector. It aims to swindle hundreds of thousands of international students and normalise the neoliberal idea that students are consumers and that education and learning are commodities.

'We have abolished the case for austerity' — Corbyn launches new leadership campaign amid strong support

Declaring "We have abolished the case for austerity", left-wing Labour leader Jeremy Corbyn officially launched his campaign for re-election in London on July 21. He used the occasion to make a strong putting a case for a clearly anti-austerity Labour Party to oppose the Tories and a rise in racism (see full speech below the article).

Australia well down in new energy efficiency scorecard

The chances of Australia achieving its 2030 emissions reduction target have been further weakened by Australia’s poor performance on an international scorecard for energy efficiency

Australia ranked 16th overall on the American Council for Energy Efficiency’s international scorecard released on July 20, which ranks the top 23 biggest energy-consuming countries on their energy efficiency across a range of areas. Australia was ranked in the bottom three countries for industry and transport.

A movement led by First Nations militants can defeat Hanson

Pauline Hanson came across a racist and incoherent cartoon character on the ABC's Q&A program on July 18.

But it would be a mistake to think that Hanson, and the more than half a million people who voted for her in the July 2 federal election, can simply be laughed away. They represent, in a distorted way, the deepening contradictions in our society that have to be addressed at their root.

The myth of the egalitarianism of Australia is cracking up after 50 years of Coalition and Labor Party governments helping the super rich get even richer at the expense of the rest.

Argentina: Street protests greet utility price hikes

The streets in Buenos Aires and other Argentine cities have been filled with protesters in a “Cacerolazo” (pot-banging protest) against President Mauricio Macri’s major hikes in utility prices. The hike includes a 700% rise in electricity prices, more than 2000% rise in gas prices in some places and a 350% rise in water prices.

Consumer protection associations and left-wing groups called the march against the hikes, which are “affecting people very seriously,” said Osvaldo Bassano, head of the Association for the Defense of Users and Consumers.

Britain: Widely supported Corbyn can stand in Labour leadership ballot, but NEC limits members right to vote


Jeremy Corbyn addresses the Durham Miners' Gala on July 9.

British Labour Jeremy Corbyn's name should automatically be on the ballot paper in the Labour Party's leadership contest, the party's national executive committee (NEC) ruled on July 12.

Letter from the US: Rage boils over at racist police immunity


A Black Lives Matter protest in New York on July 9.

Once again the deep racism and racial divide in the United States has burst upon the national scene, dominating newspapers, TV and social media.

Since 2014, videos taken by witnesses of police murders of Black people spurred the rise of the Black Lives Matter movement. In spite of the overwhelming visual proof of the guilt of the police murderers, they have almost all gotten away with it.

United States: Donations to the Greens' Jill Stein explode nearly 1000% after Sanders endorses Clinton

Jill Stein, the presumptive Green Party presidential nominee, is seeing an unprecedented surge of energy for her campaign in the wake of Bernie Sanders’ endorsement of Hillary Clinton.

Stein said donations to her campaign increased tenfold in the 24 hours after Sanders’ July 12 endorsement.

Jill Stein, the presumptive Green Party presidential nominee, is seeing an unprecedented surge of energy for her campaign in the wake of Bernie Sanders' endorsement of Hillary Clinton.

Bill Gates 'silver bullet' misfires at Mandela Lecture

Bill Gates was set to deliver the July 17 annual Mandela Lecture in Johannesburg, justifying his philosophy of market-oriented, technology-centric philanthropy.

Last year, French economist Thomas Piketty’s speech on inequality attracted healthy debate — with even business notables endorsing his concerns — given South Africa’s intense social conflict.

To illustrate, South Africa’s Gini Coefficient measuring inequality is the world’s highest (at 0.77 on a scale of 0 to 1, in terms of income inequality from employment). Since 2000, social protests have numbered on average 11 per day.

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