MB writes: The Search Foundation, working with Professor Frank Stilwell of Sydney University, has prepared a short statement on the global financial crisis and possible responses. The idea behind the statement is to stimulate thought about a progressive agenda among unions and progressive organisations, and the Foundation itself will be working on an agenda for concrete reform proposals directed at refocusing the economic debate on the “the core needs of working Australians”. I don’t necessarily endorse the whole of the statement, but I think it’s well worth posting here to stimulate debate.
The global financial crisis
The global financial crisis has dominated the headlines for months and has affected countries all around the world. Although national governments have stepped in to prevent the collapse of the financial system, the world is heading for a major recession. Australians nearing retirement have seen the value of their super fall dramatically while workers face the prospect of job losses and falling house prices as the financial crisis hits the rest of the economy. So, how did this happen and what can we do about it?
Continue reading ‘Guest post by the Search Foundation: The global financial crisis’

Recent comments
Sam, pterosaur, Fran Barlow, Ag, myriad74, myriad74 [...]
David Irving (no relation), Adrien, billie, Spana, Pi, Enemy Combatant [...]
Wally Webster, nasking, Darlene, nasking, Darlene, DaoP [...]
Patricia WA, Gummo Trotsky, Fran Barlow, sg, Vidar, sg [...]
joe2, Ginja, Sam, Paul Norton, Ken Lovell, Sam [...]
Fran Barlow, Roger Jones, Ootz, BilB, Steven, Ootz [...]
Fran Barlow, pterosaur, Tim Macknay, Fran Barlow, Fran Barlow, Robert Merkel [...]
David Irving (no relation), Paul Burns, David Irving (no relation), Paul Norton, Patricia WA, jane [...]
The Wages Of Ельцин, The Magic Putin, Doppelpunkt, anthony nolan, GregM, RLRR [...]
murph the surf., Fine, skepticlawyer, Helen, conrad, Voxpop [...]
Paul Burns, sg, Robert Merkel, Chris, Robert Merkel, Caroline Church [...]
Paul Norton, Liam, Ian Curr, Fran Barlow, Fran Barlow, dylwah [...]