For someone who was once Secretary of Labour Robert Reich’s view on the way forward in the political situation currently faced by the United States, is quite profound and important. Protesting the harm the Trum administration is bringing is not enough. The way forward depends on having an alternative to build the future on a foundation of far greater democracy and a fair sharing of the wealth produced by society. There is a universal truth in this, which doesn’t only apply to the United States. The world is being impacted by what Trump and those behind him are doing. This article was published in The Guardian 8 May 2025. Robert Reich is now a professor of public policy emeritus at the University of California in Berkely.
May Day is almost here. The official date is 1 May. The firs marches on this day began in Melbourne over the Eight-Hour Day in Melbourne. This will be commemorated on the day at the Eight-Hour Day Monument at the corner of Russell and Victoria Street at the edge of the city.
Morgan Stanley, one of the biggest American multinational investment banks and financial services company, revealed that at the end of 2024, reported that United States corporate profits were on a high. Predictions so far this year are almost as rosy. How can such a well-resourced institution like this see a different reality to just about everyone else? This is an important question. Continue reading Morgan Stanley’s analysis unintentionally reveals rise of parasitic capitalism→
Donald Trump entered to the applause of his inner circle of supporters on 1 April, to announce his Liberation Day. This is where he announced a new wall of tariffs against impots from the rest of the world. Choosing April Fool’s Day will prove to be ironic. Trump and his backers have chosen to inflict serious wounds on their own nation and hurt most of the rest of the world as well. Continue reading It is up to us to stop Trump’s tariffs from hurting Australia→
Cutting through the bombastic claims of Donald Trump, the reality of Ukraine is cutting though. It can no longer be denied that that the proxy war is lost. There has been plenty of denial up to now. Washinton under Trump seemed to believe that it could impose defeat on Russia at the negotiating table. Britain, France, and Germany pretend that they can flex enough muscle to change the reality. Continue reading Ukraine peace talks must recognise the reality on the ground to succeed→
The 2035 election campaign is in full swing now that Anthony Albanese has called it for 3 May. Neither Labor nor the Coalition have taken on the key challenges of today. Australia faces an ongoing cost of living crisis and a deepening disillusionment with the major political parties, within the context of ab underperforming economy and the social dislocation that this is causing. Climate has been silenced for this election, despite most of Australia being deeply concerned about it. Continue reading Home Government Neither Coalition nor Labor offer much to answer Australia’s main concerns in 2025→
Peter Dutton’s own budget alternatives released last night (27 February 22025) was marked by one overwhelming fact. There was almost nothing in it. H does not want to announce what would happen if his party became the government. This is ominous. Continue reading Peter Dutton’s budget speech was marked by dishonest evasion→
The federal budget has been delivered and whatever the election campaigners might insist, it hasn’t delivered much. Business as usual is the best term to use. There are a few small give ways. After all, this is a pre-election budget. Maybe just enough to blunt Peter Dutton’ ambition to be Prime Minister. But overall, it will leave most voters underwhelmed. Continue reading The 2025 budget will do little to fix the big problems facing Australia→
Official site of the May Day Committee (Malbourne)
