Tag: The Free market

The Market Will Never Solve the Climate Crisis

Scott Morrison regularly declared “Thats Not My Job ”

When oil prices plummeted during the pandemic, fossil fuel companies made vague efforts to invest in clean energy. Now pulling in bumper profits, Big Oil is discarding those initiatives to maintain their business model: capital over climate.

Source: The Market Will Never Solve the Climate Crisis

Trumpism and the Myth of the “Free Market” | The Smirking Chimp

The Progressive Era, as it was called, welled up because millions of Americans saw that wealth and power concentrated at the top was undermining American democracy and stacking the economic deck. Millions of Americans overcame their cynicism and began to mobilize.

The central question is whether we can do so again. To answer that, though, we need to examine what has happened to the Democratic Party over the last four decades — and why it has so far failed to mobilize a new progressivism. That’s to come.

Source: Trumpism and the Myth of the “Free Market” | The Smirking Chimp

Mike Cannon-Brookes, Brookfield launch bid for AGL to ‘accelerate coal exit’

Atlassian founder Mike Cannon-Brookes.

Morrison’s ” Free Market I have to do nothing” is talking back but Morrison isn’t listening.It’s talking back in a way totally unintended by Morrison who talks the talk but never walks the walk. He promises the world but commits to nothing and the market simply disregards the “fool on the hill”

Canadian fund manager Brookfield and tech billionaire Mike Cannon-Brookes have launched a bid to take over Australian energy giant AGL and set stronger emissions-reduction targets that would force earlier closures of its remaining coal-fired power stations.

Source: Mike Cannon-Brookes, Brookfield launch bid for AGL to ‘accelerate coal exit’

Landmark inquiry finds Australia’s banks are exploiting their most loyal customers

Australia's major banks are about to face a royal commission.

Remember when banks provided a service and didn’t just service the customers?

Well that’s when they were reminded it was a free market and the governments got out of the banking business (old dog}

via Landmark inquiry finds Australia’s banks are exploiting their most loyal customers

A plea on behalf of rich property owners – » The Australian Independent Media Network

Image from azquotes.com

By James Moylan Nobody likes homelessness. It’s not something anyone would choose to do, or choose to inflict on someone else. But we have no option. The very survival of our nation and a way of life depends on it. After all: houses are first and foremost an asset. Just because it is an asset…

Source: A plea on behalf of rich property owners – » The Australian Independent Media Network