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The RBA Funded Right Wing Think Tanks For Decades

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We hear a lot about the independence of our central bank, but not so much of their political bias. The RBA funded right wing think tanks for decades. These are the intellectual influencers dedicated to promulgating neoliberalism and anti-unionism downunder. If you want to know why the gap between rich and poor has widened so immensely in Australia look no further than  these institutions and their influence upon the Aussie economy over the last 30 years.Continue Reading

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Economics Is Anti-Community

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In: democracy, economics, featured, Government, latest post, morality, politics, power

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