The most optimistic assessment by the Reserve Bank is that it will take a “few years” to reverse “much” (i.e. not all) of the increase in unemployment from the Covid-19 lockdown. The wages vs jobs trade-off debate is back with a vengeance.
Image: The [...]
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Class Structure in Australian History has been ignored for most of its life as an academic publication. Historians argued the text was not empirically rigorous; left-wing commentators that it lacked a sufficient account of race, class, gender, the mode of production, the world-system [...]
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Regulation Theory & Australian Capitalism: Rethinking Social Justice and Labour Law.
Please join Brett Heino, together with Joellen Riley Munton and Eugene-Schofield Georgeson, for the launch of the paperback version of his book Regulation Theory and Australian Capitalism: [...]
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Readers of Progress in Political Economy might at first wonder how a review of a book about criminal law and procedure in colonial New South Wales (NSW) found itself on this blog. However, anyone who reads Eugene Schofield-Georgeson’s By What Authority? Criminal Law in Colonial New [...]
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The shock Australian election result may have just triggered the conversation we need to have about climate change.
During the campaign, the ‘climate election’ was being framed by Labor, independents and the Greens as a referendum on whether or not Australia should take strong [...]
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Australia’s student loan scheme, originally called the Higher Education Contribution Scheme (HECS), was introduced in 1989. This innovation, now known as the Higher Education Loan Programme (HELP) has since been exported around the world. It reflects a new way of thinking of [...]
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The study of the political economy of Australian capitalism begins with Marx’s Capital, Volume I (1867) Chapter 33 ‘The Modern Theory of Colonisation’. In this final chapter, Marx discusses the exportation of capitalist social relations to the global periphery. This required, it is [...]
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In August Laurie Carmichael, former AMWU and ACTU leader, former president of the Communist Party of Australia and one of the architects of the accord, died. In October commemorations of Laurie’s life were held in Melbourne and Sydney. I attended the Sydney event. It was very moving and [...]
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