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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.
2008 book
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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- New Economic Perspectives
- Warren Mosler
- Peter Martin – The Age
- Michael Perelman
- Bruce McFarling
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- Heteconomist
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Category Archives: Labour costs
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
Income shifts towards profits – a repeating destructive phenomenon
This is an extension of yesterday’s blog on the Australian national accounts release (Australian economy was slowing fast in March-quarter 2017 and outlook negative and delves further into the income side of the results, which are, frankly, stunning. They also … Read the rest of this entry
Posted in Labour costs, National Accounts
10 Comments
Australia’s minimum wage rises – but not sufficient to end working poverty
Today, the Australian Fair Work Commission (FWC), which is a judicial institution charged with setting minimum wages and conditions announced the outcome of their – Annual Wage Review – 2016-17. The FWC decided to lift the National Minimum wage by … Read the rest of this entry
Posted in Labour costs
2 Comments
Real wages now falling in Australia – failing economy and failed policy
In the most recent – Annual Survey of Hours and Earnings: 2016 provisional results – published by the British Office of National Statistics on October 26, 2016, we learn what we had suspected for some time – the purchasing power … Read the rest of this entry
Posted in Labour costs
6 Comments
Gas reservation is not a progressive option despite scandalous profits
In the September-quarter 2016, Australia recorded negative GDP growth (-0.5 per cent). Over the last two years, employment growth has been flat and over the last 12 months, full-time employment has dived. Underemployment has risen sharply while unemployment remains at … Read the rest of this entry
Posted in Climate change, Labour costs, National Accounts
11 Comments
Disgraceful cut in wages for more than a million low-wage workers in Australia
In case you thought that neo-liberalism had gone and buried its head in shame after all the disasters that it has wrought after several decades of privatisation, outsourcing, pernicious welfare changes, fiscal austerity, out of control banksters, dramatic increases in … Read the rest of this entry
Posted in Labour costs
22 Comments
