An interesting post (Blog) from Prof. Murphy which gets the ‘little grey cells’ to ponder the; what ifs…

“I want to find the answer to the question, what is our economy now all about?

What is now clear is that it is not about creating further technologies that will forever be beyond human capacity to use. Instead, it has to be about how we advance human capability. It is only by investing in people, meeting their needs, and providing them with the freedom from fear that they need to explore their own capacity to live well that we can now see a rate of return on the resources available in this world. The amazing and useful coincidence is that by doing so, we can also avert the major consequences of climate change.”

Link to his blog:

https://www.taxresearch.org.uk/Blog/2026/05/04/when-theres-nothing-left-for-markets-to-invest-in-what-can-we-do/

#ClimateCrisis #GenAISlop #AIBubble #Economy #NeoLiberalism #WhatComesNext #FinancialMarkets #Oligarchy #TechBros #Globalisation

When there’s nothing left for markets to invest in, what can we do?

One of my recurring themes on this blog lately has been the failure of neoliberalism to find any use for the money saved in our economies. I am not alone in noticing this theme. Martin Wolf in the Financial Times has, for example, written for several years about the problem of...

Funding the Future
The centre left is not dead. A progressive new counter-Trumpian movement is on the way

Social democrats are at last facing up to the failures of globalisation to create equality or deliver for workers, says Florian Ranft, of thinktank Das Progressive Zentrum

The Guardian
If you're illiterate and living on $1 a day, the benefits of globalisation never come to you. ~ #JimmyCarter #quotes #globalisation #fairtrade
@jhaue
From what I’ve read, Austalia produces many times the amount of food that is required by our small domestic market needs… ergo, profit earning exports (up and down a long line of profit takers, from producers to markets) is the goal at the expense of a fragile environment. Perhaps Australia ought to rethink its participation in #Globalisation. Good luck turning that boat around.

The End of the “Peace Dividend” and the Return of History

#Identitypolitics, is what happens when liberalism turns inward and fragments - call it mad liberalism. #Culturewar is what happens when that same liberalism hardens and lashes out - bad liberalism. Both look like opposites, but they come from the same place. The uncomfortable part is both were pushed onto the "left" as the way to fight #neoliberalism the very system that’s been tearing apart the social fabric for decades. Instead of building collective power, we pushed endless identity […]

https://hamishcampbell.com/the-end-of-the-peace-dividend-and-the-return-of-history/

[edited to add link to Guardian article source]

How’s this for a complete and frank confession that the #Labor Govt is Wholy Owned by the #CorporateGiants making bucket loads of profit from #Raping the land and #Pillaging Australian #Resources:

“Trade minister Don Farrell said on Friday “we’re not changing our policies in respect to gas” and that “the most important thing” was to honour existing export contracts.”

Well, Mr #Farrell, for your information, the gas export contracts have nought to do with you or your govt. It is a #Commercial contract from which #Santos and others derive an outrageous profit. So if we were to #Tax that, it would reduce theirt bottom line by the same percentage without any change to the contracts they hold (unless they contain some cagey and dogey clauses — but that a commercial issue again and commercial law, nothing to do with the Govt.)

Nothing more is needed from our govt to prove that #StateCapture is alive and thriving in Aus when a Trade Minister goes to bat for an #ExtrativeIndustry Private Corporation! You just wait until the next election or by-elections, we’ll teach you a thing or two.

read more:
https://www.theguardian.com/australia-news/2026/apr/24/labor-albanese-gas-tax-caving-david-pocock-fuel-supply

#AusPol fuck #neoliberalism and #Globalisation
#Antifa #AntiOligarchy #EatTheRich #SaveOurResources #Grifters #RunawayCapitalism

Anthony Albanese accused of ‘caving to gas companies’ as Labor set to reject new export tax

David Pocock says prime minister – who is trying to shore up fuel supplies – is parroting industry talking points

The Guardian

@InsurgoFormica
It’s worth noting that a call to cut ‘red tape’ is a euphemism for #NeoLiberal #Deregulation in order to further #Grifting through #Globalisation and #FreeMarketEconomics all of which were debunked in the #2008FinancialCrisis and its aftermath.

Typical political trash talking, masking flawed economic theory with misdirection, who doesn’t like less red tape?

Quand la Chine oppose la géographie des liens à la géographie des lieux

Par Xavier Carpentier-Tanguy

« Lors des conflits, les belligérants ciblent désormais les flux et les infrastructures plutôt que les seuls territoires. Les États-Unis utilisent des leviers maritimes tandis que la Chine agit sur les chaînes industrielles, notamment par l’intermédiaire des intrants stratégiques. Cette combinaison redéfinit la puissance, qui dépend à présent en grande partie de la capacité à perturber les réseaux et à exploiter les dépendances mondiales. »

https://theconversation.com/quand-la-chine-oppose-la-geographie-des-liens-a-la-geographie-des-lieux-280649

#Chine #RPC #geopolitique #globalisation #conflits

Sujet complexe, impacts mondiaux :

QUELLES CONSÉQUENCES DU BLOQUAGE DU DÉTROIT D'ORMUZ ?

https://www.youtube.com/watch?v=WEaVT8DTroI

#petrole #Ormuz #Mondialisation #Globalisation #Plastic

IRAN : VERS UNE PÉNURIE DE PÉTROLE ?

YouTube

Been thinking…(it sometimes happens :))… if an international corporation wishes to trade in Australia, they are essentially applying to make a profit (withdraw $$) from the Ausralian econnomy. Since the govt is the entity which pumps money (creates) the economy and manages (levies taxes) it for the benefit of its citizens and permanent residents, those corporations have a ‘duty’ to pay their fair share of the taxes required to participate in our economy. Moreover, they should also pay further taxes to ensure that they don’t adversly affect it — they should not take more money out of the economy then they put in. That seems fair.

I know that #globalisation and #neo-classical economics would peddle a story about the economy needing foreign investments in order to grow the ‘pie’, but that is only a #neoliberalism. Foreign investments only add funds to an already growing sovereign economy (through domestic innovation, population growth, etc.), it’s not a necessity, it’s more like a ‘nice-to-have’ (if managed properly) and only if that investment returns more $ to the economy then those investors syphons out as profits which tend to go overseas to grow a foreign economy.

Those are my layman’s views of course. Experts and pundits will use a lot of technical jargon to counter those views. But really, it’s only a smoke screen used by #Grifters. Our First Nations people survived for 60,000 years without our ‘western’ style #Grifting …erh, sry, economic theories.