Corporate Power and the Failure of the Australian Labour Market

June 28, 2018 Mbeljac 0

The Australian labour market increasingly exhibits the classical signs of market failure due to positive externalities. The best approximation to Paul Krugman in Australia is the economic correspondent for The Guardian Greg Jericho. Economic literacy is a critical component of citizenship in capitalist society, and the great value of Jericho’s […]

Mnogostradalnaya: The Left and the Russian Revolution

November 6, 2017 Mbeljac 0

November 07 2017 marks the centennial of the putsch of Lenin and Trotsky, sometimes called the “Russian Revolution” and at other times “The Great October Socialist Revolution,” which could only end in the imposition of terror as it in fact did. I am interested in making some, brief, remarks about […]

Why Only US? On The Very Idea of a Social Construction

October 27, 2017 Mbeljac 0

Albert Einstein never won the Nobel Prize for physics on account of relativity, even though it became a well accepted part of our understanding of nature and acquired empirical support well within his lifetime. It was considered too different, too weird for so august a prize although oddly quantum mechanics, […]

Australia and North Korea: Farewell Great and Powerful Friends?

October 16, 2017 Mbeljac 0

For more than 10 years I have been writing about the North Korean nuclear crisis, arguing that it has serious potential implications for Australia. I had long argued that we are “sleepwalking” toward catastrophe, but oddly the issue barely gained traction. One reason, doubtless, was because of a generalised incredulity […]