Category: age of austerity

13 Aug

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Intended or not, the consequences of riots are not always negative

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  Watts Riot of 1965 — how the rioters treated ‘their’ community then  This is the original text of an article commissioned by ABC’s The Drum, which was published yesterday and can be found here. The riots in the United Kingdom, mainly involving school age and unemployed youth, have provoked a backlash that seeks to paint them [...]

11 Aug

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Whoever expects a ‘pure’ revolution will never live to see it: The UK riots in perspective

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  Mark Duggan, whose killing by police sparked the riots Maybe it’s a sign of the times, but for mine the most depressing thing about the UK riots is how some on the Left feel the need to loudly proclaim their lack of solidarity with some of the poorest and most oppressed people in society, instead resorting [...]

Filed under: age of austerity, class, racism, state, UK

07 Aug

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US capitalism: ‘Take the money & run,’ or, ‘This sucker could go down, Mark II’

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  By liz_beths and Dr_Tad It is hard to grasp the epochal significance of ratings agency Standard & Poor’s downgrade of the United States’ credit rating, nothing less than an ideological humiliation of the world’s largest national economy. This after a week dominated by massive falls on stock markets across the globe and the “resolution” of the political [...]

22 Jul

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Beyond the age of austerity, a new pattern of resistance and revolution emerges

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  In apparently “normal” times we Marxists are given a hard time, derided for our economic determinism about the crisis-prone nature of capitalism, scoffed at for suggesting that revolutionary movements could possibly occur in modern times, and accused of totalitarian impulses if we suggest that conscious revolutionaries should try to cohere their forces. Often the [...]

11 Jul

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Where is the alternative? The Tasmanian Greens join the deficit hawks

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Nick McKim faces protests over school closures Political debate in Australia seems firmly hinged on a cognitive dissonance over questions about the economy. Setting aside the ever-present obsession of discussing economic questions as if they are somehow separate to political ones, we have a federal government simultaneously arguing the economy is strong and we are [...]

Filed under: age of austerity, ALP, Greens, NSW

27 Jun

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The age of austerity: Social polarisation, fake partisanship & the Left’s strategy

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Moment of conversion? Cameron & Swan at the Toronto G20 Austerity (noun): 1.     Enforced or extreme economy. From the Greek, austēros, meaning “harsh” or “severe”. 2.     Merriam-Webster Word of the Year, 2010. The conversion of the present ALP federal government from new-era Keynesian stimulus apostles to sovereign debt doom merchants did not take place overnight, but [...]

16 Jun

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Explaining the age of austerity: Beyond the conjunctural, the organic crisis re-emerges

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How did it come to this? Just two years ago everything seemed so different: The GFC was crashing across the planet, provoking the largest internationally coordinated program of state intervention in human history. Prime Ministers were writing quasi-erudite essays damning “market fundamentalism” while disinterring Keynesianism and social democracy. Progressive thinkers spoke hopefully of Green New [...]

05 Jun

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#nswisconsin: How the age of austerity came to NSW & what can be done about it

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Lest you thought the warnings raised on this blog about the “Age of Austerity” currently ravaging Europe and North America coming to Australia (see here and here, for example) were exaggerated, Barry O’Farrell has exceeded even our worst fears about the scale of attacks being planned in elite circles. What is being sold by the media as a case of reining [...]

31 May

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Barry O’Farrell: From modern managerialist to old-fashioned class warrior

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> A funny thing happened on the way to Macquarie St. Before the March NSW election, Barry O’Farrell was a seemingly banal, workmanlike and mild-mannered Liberal leader who spent years rebuilding his party’s broken morale, even at the cost of reining in powerful far Right factional elements. Rather than projecting the leader he would be [...]

25 May

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An exciting mix of 1968 and 1789, but where next for the #spanishrevolution?

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> Special Guest Post from Barcelona by Gemma Galdon Clavell On 22 May, a week after thousands of people across Spain turned a series of demonstrations into massive sleep-ins that are still holding strong, the conservative Popular Party (PP) won a historic victory in the municipal and regional elections. During the ensuing celebration of the [...]