Economy

Australian capitalism is still relatively profitable by international standards. But the structural adjustments underway to compensate for the end of the mining boom are already having a dire impact on poor and middle income people.

Below is a transcript of a message John Kaye recorded shortly before his death. It was printed in a collection of articles and speeches given out at a memorial in Sydney to celebrate his life on May 27. * * *

In the plans of governments in Adelaide and Canberra, South Australia is to become the country’s “nuclear waste dump state”. Most South Australians remain sceptical. And among the state’s Aboriginal population — on whose ancestral lands the dumps would be located — opposition to the scheme is rock-solid. “It’s very simple and easy to understand,” Aboriginal activist Regina McKenzie told Green Left Weekly on May 24. “No means no!” In the plans of governments in Adelaide and Canberra, South Australia is to become the country's “nuclear waste dump state”.

Duncan Hart, a student who works part-time at a Coles supermarket in Brisbane, has won a David and Goliath battle against his employer and the Shop Distributive and Allied Employees Association (SDA) in the Fair Work Commission.

The Construction Forestry Mining Energy Union (CFMEU) has placed a "green ban" on redevelopment of the famous Bondi Pavilion, in support of community groups outraged by Waverley Council plans to effectively hand the building to private companies. Union and political leaders joined with local residents at Bondi Beach on May 29 to announce the union ban on work on the project.

When donations to political parties from property developers in NSW were prohibited by then-NSW Labor premier Nathan Rees in November 2009 the decision was not well received by significant groupings in the state Labor and Liberal parties. The ban followed an Independent Commission Against Corruption (ICAC) inquiry into Wollongong City Council which, in 2008, found that local developers had received favourable treatment from elected councillors and staff.

The Organization of American States has announced it will hold an emergency meeting to discuss whether to suspend Venezuela for violating the OAS Charter. OAS Secretary General Luis Almagro said on May 31 that Venezuela had suffered "grave alterations of democratic order."

Ian Angus at global launch of ‘Facing the Anthropocene: Fossil Capitalism and the Crisis of the Earth System’. Sydney, May 13.

Returning to the United States in an election year, I am struck by the silence. I have covered four presidential campaigns, starting with 1968; I was with Robert Kennedy when he was shot and I saw his assassin, preparing to kill him. It was a baptism in the American way, along with the salivating violence of the Chicago police at the Democratic Party's rigged convention. The great counter revolution had begun.

Austria elected its president on May 22 in the second round of voting, with the neoliberal green candidate Alexander Van der Bellen narrowly beating far-right Freedom Party (FPÖ) candidate Norbert Hofer with 50.3% of the vote. The FPÖ, a right-wing populist and authoritarian German nationalist party of former leader Jörg Haider, was founded in the 1950s. It was a political party for ex-Nazis who never broke with their Nazi tradition.

Five months after the December 20 election in Spain failed to produce a government, the country is returning to the polls in the most polarised contest since the end of the Franco dictatorship in 1977.