Why Western predictions on China were mostly wrong in past decade
When commenting on China, some in the West only see a country constantly at the cusp of crisis, ranging from predictions of a “China hard...
Businesses exploit JobKeeper subsidy
It has been revealed that businesses have rorted the JobKeeper program during 2020, with many of them using it to turn a profit.
The end of US dollar hegemony
What is the potential impact on Australia and its workers of the end of US dollar hegemony? This is not an idle question, but a...
The rediscovery of economic planning in Russia
Is Russia rediscovering the economic benefits of planning? Judging by the material presented at the recent Eastern Economic Forum, held in Vladivostok on 5-8 September,...
Imperialism: the Highest Stage of Capitalism by Vladimir Lenin This classic remains the best framework to understand capitalism’s international political economy. It outlines the characteristics...
Anti-China economics threaten the world
The mind of the average bourgeois economist at first appears disordered and schizophrenic. But there is an almost orchestrated approach to their anti-China reporting that...
China’s peaceful development is a great boon to the world
Last month, China’s annual Two Sessions, the National People’s Congress (NPC, China’s top legislature) and the National Committee of the Chinese People’s Political Consultative Conference...
RESPONSIBLE /rɪˈspɒn.sə.bəl/ A very useful word this one. You can be responsible for something, for example all governments claim to be responsible for good economic...
JAPAN: Japanese retailer Seven & i Holdings Co is selling department store chain Sogo & Seibu Co to a US investment fund, even as the...
China’s market, Australia’s opportunity
Since the beginning of this year, the Chinese economy has withstood both risks and challenges from abroad, as well as the downward pressure brought by...
Greenwashing dirty investments
Is there a company that doesn’t claim to support the Paris Agreement on climate change? The agreement was signed in 2015 and since then the...
The Liberals are not good economic managers
We hear it all the time, but we especially hear it during election season: “the Liberals are good economic managers! Labor just spends, spends, spends!”...
The CPC unites and leads the Chinese people to realise rapid development
Vinnie Molina, National President of the Communist Party of Australia (CPA), said recently in an exclusive interview with a reporter from Xinhua News Agency that...
China’s good momentum
The good momentum of China’s economic development is conducive to the economy of Australia and the world. Achieving modernisation is a dream that the Chinese...
A wellbeing budget for Australia 2022-23 and beyond
Our wellbeing as Australians into the future will be determined very much by what is given priority in the national budget. Because a Labor government...
New research from Australia Institute economist Dr Jim Stanford has confirmed that excessive corporate profits are the main driver of inflation, not wages. The research...
Treasurer Jim Chalmers says it is time to “rethink capitalism,” time for a “values-based capitalism” with “efficient markets.” He is critical of the neoliberal responses...
An unsustainable govt
In the February Monthly Essay, “Capitalism After the Crises”, Treasurer Jim Chalmers refers to “hard decisions” that “will accompany hard times ahead” and “the unsustainable...