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Economics Is Anti-Community

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Have you noticed that we have all become economists over the last 30 odd years? That economic-speak has become the lingua-franca of our modern world? We talk about the supply and demand of things, the dollar value of everything, and make all our decisions based upon economic principles to a large degree. This has not always been so. Prior to the American conversion to all things economic, which began with the Rand Corporation in the 1960s, governments and ordinary people did not bang on about economics. Economics is founded upon certain assumptions about individual behaviours driven by self-interest. Indeed, economics is anti-community.Continue Reading

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boy in black and white sweater covering his face with his tow hand

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It is important to note that economic and political cycles do not usually coincide. Australia remember what 10 years of the Coalition brought us. There is a considerable lag between policy and outcomes. A decade of the LNP Coalition federal governments saw the acceleration of housing unaffordability in Australia. Now, you might think that inflation driving up the prices of residential property is a good thing and your chance to get rich, but home owners, I have spoken with, see it differently. They invariably say, that sure having your house worth a lot of money can appear to be wealth but if you sell it you just have to go out and buy another one which is equally as expensive. Housing affordability has jumped from 5 times annual income up to 13 times in Australian cities, according to respected economic journalist Alan Kohler.Continue Reading

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the politics of energy in Australia

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What you have to understand about the current energy debate happening are the politics of energy in Australia. Renewables offer a largely free energy source from the sun and wind with battery storage to cover when the sun goes down overnight. We are in the midst of this transition with renewables powering around 40% of Australia’s electricity supply. This is growing as we speak.

“Key statistics from the Clean Energy Australia 2024 report:Continue Reading

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paper map of australia placed on wall

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Australia has set the bar too low, when it comes to societal expectations around things like civic responsibility. Decades of neoliberalism infecting our governments on both sides of politics has seen a huge slide in respect for the role of government in managing our social contract. The late Kerry Packer was lionised for his tough talk to the senate on tax minimisation and its merits in Australian life. We now face an impending tax revenue crisis, as corporations continue to dodge their taxation responsibilities through clever accounting practices. Wealthy Australians think that it is OK to avoid paying tax wherever they can. Packer told his audience that smart people don’t pay tax where possible and that government’s waste their money anyway. This has become an established narrative in the Aussie cultural canon.Continue Reading