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Working harder, working longer, for less

A stopped clock is right twice a day. So it was that Joe Hockey, the Shadow Treasurer, summed up the Labor Government’s intergenerational report succinctly today: Quite clearly Australians, according...

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Illusions, bonfires and capitalist crises

Sometimes there are moments when the penny drops. Alex Callinicos’s Bonfire of Illusions is more than mere moments. It is a piggy bank of insight and enlightenment, full of many many pennies.  In his...

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France and Greece reject austerity

Terror struck the financial markets on Monday, writes Tim Arnot in Socialist Alternative. The Greek stock exchange plunged 8 percent. French stock markets fell by 1.5 percent. The Euro fell to a...

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