Europe is facing a “hot autumn.” In France, Spain, and Italy, general strikes called by the unions against the policies of governments and corporations are scheduled for October 30, November 5, and November 11, respectively. On October 30, an international day of action and strike by dockworkers will be organized. Six unions from the Mediterranean region are calling for it. Dockworkers from over 100 ports around the world have already ...

The bond market is not as prominent in most people’s lives as the share market.
Private companies and government can raise capital by issuing bonds which operate as IOUs. They are generally regarded as a safer investment than shares because they are issued with a definite rate of interest. 

Capital’s incessant drive to produce and accumulate more of itself relies on credit. 
Credit is a many-headed monster: credit cards, payday loans, consumer leases and rent-to-buy, bank and other financial institution loans, and the stock and bond markets.

The annual OzAsia Festival in Adelaide is being scrapped by the SA Government's Adelaide Festival Centre, despite Premier Malinauskas speaking about the importance of immigration from Asian countries to the well-being of the economy.

Dr Helen Haines, the Independent MP for the federal seat of Indi, is a victim of the broken system of rural healthcare which she had fought to improve.

Wouldn’t it be nice to be so rich that you could lose $6 billion in a single day, but still remain a billionaire?

Workers in Australia have manufactured a vast range of products across many different industries for over 100 years. Since the destruction of the car and car component industries in Australia culminating in the closure of Mitsubishi, GMH, Ford and Toyota manufacturing plants since 2000, the major parliamentary parties at federal and state levels have embraced AUKUS and nuclear-powered submarine manufacturing and servicing in Australia as the saviour of manufacturing industries ...

On Tuesday 6 October, thousands of Perth workers took to the streets to protest the city hosting a conference for the buyers and sellers of tools used to kill workers overseas, known as the Land Forces Defence Exposition. 

The US war with Iran has carried all the hallmarks of a military debacle: Iran's prolonged use of asymmetrical warfare techniques following US attacks in February appear to be successful. Vital energy supplies have been totally disrupted, with scarcity causing escalating prices for consumers who have been left to foot the bill for a Trump-led Cold War adventure in the Middle East. The US costs of the war are proving ...

Not content with selling out Australia’s defence and foreign policy to U.S. imperialism, federal and state governments are only too willing to sign us up to U.S. big tech. So much for sovereignty. In this third and final part we will examine how Australia’s so-called political leaders have continued their abject subservience to U.S. imperialist interests in their handling of AI, datacentres and big tech.

Every year Federal, State and Territory Governments announce their Budget expenditure for the coming financial year. Budget announcements by governments are preceded by lobbying from competing sectional interests of the capitalist class. The biggest corporations, many of them foreign owned, usually engage the most expensive lobbyists to present their case to governments. Small businesses which may influence voting patterns in marginal electorates, especially in an election year, still come a ...

“The philosophers have only interpreted the world, in various ways; the point is to change it.” — Karl Marx
Marx wrote those words in 1845. Nearly two centuries later they remain an indictment not merely of philosophers, but of much of what today passes for the Left.

Australian dairy farmers are unhappy with Australian supermarkets, and with good reason.

On October 6, Australian data centre company Firmus launched its initial public offering (IPO) of shares for private investors, taking the privately-owned company into the public sphere.  It valued its shares at $A11 each, in what the Australian Financial Review called, on October 6, “hottest float headed to the ASX in more than two decades”. The company is hoping to raise $A7 billion from those buying its shares.

The announcement by the SA government of the three people to head its Royal Commission into AI provides some evidence of the political and economic direction that the Malinauskas government hopes it will take.

Around the world, revisionists claim that China remains a socialist country, that it cannot be imperialist, and proclaim it as the leader of an anti-hegemonic bloc opposing US imperialism. 
This has an undoubted influence on some on the Left who naturally and emphatically oppose US imperialism and cannot wait to see it defeated once and for all.

Eleven years ago, public outrage at large local and foreign corporations engaging in tax evasion or avoidance, legal or otherwise, compelled the Australian Taxation Office to release an annual list of the largest corporations and their taxes.
The lists are compiled from companies that have an annual income of $100 million or more, so it really represents only the tip of an iceberg if all companies were represented.

British imperialism announced two days ago that it was establishing its third space squadron capable of taking offensive and defensive space missions, according to Harv Symth, UK Chief of the Air Staff.

British imperialism’s decline as the power that once “ruled the waves” has been demonstrated by what the UK Daily Mail newspaper called “an extraordinarily protracted construction process” for its latest nuclear-powered attack submarine.

Among the many new books about AI that are coming out every week, I consider this book, written by two AI insiders, to be important because it stresses the need to look at AI from a class perspective. The authors urge us to look past the “doomsday” scenarios promoted by some people in the AI industry.