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Recent Posts
- Forget European reform – the Germans have anyway
- The Weekend Quiz – April 21-22, 2018 – answers and discussion
- The Weekend Quiz – April 21-22, 2018
- Australian labour market – weakens further in March 2018
- Progressive cause in Australia seriously undermined by … progressives
- On the path to MMT becoming mainstream
- The facts suggest Britain is not as reliant on EU as the Remain camp claim
- The Weekend Quiz – April 14-15, 2018 – answers and discussion
- The Weekend Quiz – April 14-15, 2018
- The distinguished economists just embarrass themselves
Recent Comments
- Mike Ellwood on Forget European reform – the Germans have anyway
- Thorleif on The Weekend Quiz – April 21-22, 2018 – answers and discussion
- Thorleif on The Weekend Quiz – April 21-22, 2018 – answers and discussion
- Thorleif on The Weekend Quiz – April 21-22, 2018 – answers and discussion
- Dr Zen on On the path to MMT becoming mainstream
- Thorleif on The Weekend Quiz – April 21-22, 2018 – answers and discussion
- Mike Ellwood on The Weekend Quiz – April 21-22, 2018 – answers and discussion
- Blackbag99 on Forget European reform – the Germans have anyway
- Alan Longbon on The facts suggest Britain is not as reliant on EU as the Remain camp claim
- Henry Rech on The Weekend Quiz – April 21-22, 2018 – answers and discussion
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Latest book
Reclaiming the State: A Progressive Vision of Sovereignty for a Post-Neoliberal World
Co-authored with Thomas Fazi. To be published by Pluto Books (UK), September 15, 2017.
Go to the The Reclaim the State Project Home Page for more details.
Current book
Eurozone Dystopia: Groupthink and Denial on a Grand Scale – 2015
Chapter 1 – for free.
MMT Textbook – March 2016
Now available for purchase – For details.
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Full employment abandoned: shifting sands and policy failures
Available from Edward Elgar UK – click image to go to their on-line catalogue
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Category Archives: Labour costs
Now people pay to work for free
I am back on my regular pattern which means there will be no detailed Wednesday blog – just some snippets if anything. This morning, I did a radio interview on the national broadcaster (ABC) about the growing spread of unpaid … Read the rest of this entry
Posted in Labour costs, Music
15 Comments
Welcome to the ‘homeless’ working poor – a new neoliberal KPI
In advanced nations, poverty used to be a thing of old age, once income had stopped due to retirement and savings depleted. Old-aged pension systems were intended as Welfare States emerged to prevent that fall into poverty. The pension systems … Read the rest of this entry
Posted in Future of Work, Labour costs
11 Comments
Employers lying about the flat wages growth in Australia
Last Friday (February 8, 2018), the Reserve Bank of Australia issued its latest – Statement on Monetary Policy – February 2018 – which in its own words “sets out the Bank’s assessment of current economic conditions, both domestic and international, … Read the rest of this entry
Posted in Labour costs, RBA decisions, Reclaim the State
2 Comments
Australian real wages growth flat – the ripoff of workers continues
Today (November 15, 2017), the Australian Bureau of Statistics (ABS) released the – Wage Price Index, Australia – for the September-quarter 2017. Private sector wages growth was marginally higher in the September-quarter at 1.86 per cent (annualised) after six consecutive … Read the rest of this entry
Posted in Labour costs
3 Comments
Retail sales dive in Australia – neoliberal contradictions now obvious
This neoliberal era has a habit of getting ahead of itself and exposing its internal contradictions. In fact, the Capitalist system, as Marx, Keynes and others have demonstrated, it inherently inconsistent. The imposition of neoliberalism has only heightened those inconsistencies … Read the rest of this entry
Posted in Economics, Labour costs
5 Comments
Australia – real wages growth zero and the rip-off of workers continues
When the Australian Bureau of Statistics released its latest wages data in May (for the March quarter) we learned that real wages were falling as a result of nominal wages failing to keep pace with the modest inflation rate. Today … Read the rest of this entry
Posted in Labour costs
18 Comments
Australian government employment plan – racist and in breach of our laws
Today’s discussion is about how employment policy becomes so corrupted by neo-liberal ideology (overlaid with some healthy racism) that the government causes damage rather than advances well-being. The examples I outline demonstrate the wider problem that neo-liberal inspired governments clearly … Read the rest of this entry
Posted in Job Guarantee, Labour costs, Labour Force
5 Comments
British employers exhibit on-going greed but lie about it
One of the abiding and recurring trends, accentuated in the neo-liberal era, is the apparent ‘concern’ for the low-paid by the captains of industry. They continually warn against allowing pay increases for this cohort because they are – so the … Read the rest of this entry
Posted in Britain, Labour costs, UK Economy
15 Comments
Disturbing pay trends in Britain
Earlier this month (July 3, 2017) the British Office of National Statistics (ONS) released a research report – Wage growth in Pay Review Body Occupations – which basically summarises what has gone wrong with the world under neo-liberalism. While the … Read the rest of this entry
Posted in Britain, Labour costs, UK Economy
11 Comments
When the top-end-of-town realise their strategy is failing
There was an interesting article in the Financial Times on Monday (June 26, 2017) – Why US big business is listening to Bernie Sanders – which, despite the somewhat misleading and over-the-top headline, tells us a little of the way … Read the rest of this entry
Posted in Economics, Labour costs
32 Comments