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Much of the mainstream press has played the rising opposition to Senate confirmation of Ben Bernanke as a case of misplaced populist rage. The fact that the opposition within the Senate began with that chamber's left (Bernie Sanders) and right (Jim Bunning) seems to confirm the premise that it's only the fringe that opposes his reappointment as Fed Chairman. The Boston Globe, for example, recently profiled Sanders and his case against Bernanke under the remarkable headline, "Sanders a Growing Force on the Far, Far Left." (I've always thought of the far, far left as Chairman Mao and Che Guevara. Bernie is a European style social-democrat.)

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It scarcely needs to be said, but capitalism inherently breeds inequality. So much so that today, the world's of the poor and the rich are so different and diffused that humanity can barely be called one species.

Take the recent debates at Copenhagen as a prime example of the problem; the calls for the developed world to help the developing world was a great macro example of what happens daily between those that have and those that don't.

The 'haves' are set on keeping their advantage (which we keep telling ourself is unchangeable human nature) and 'the have nots' are set upon bridging the gap- done with a belief that they have an inherent right to do so.

The part of human nature we don't like to publicise to often though, is that those that have will always fight tooth and nail to keep the perks of their position often disregarding any morals, ethics or compassion.

Time and time again we see it, wars in Afghanistan, Iraq, and Vietnam and last week, crappy climate change deals that try to preserve the status quo as much as possible.

But what if the status quo shouldn't be protected?

What if the status quo is the real problem that needs solving?

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Do words denote meaning or does meaning denote words? If I don’t have a word for something, does it exist? Or must I have the word first to bring it into being?

The word ‘consumer’ is first noted in 1535 – just as the religious revolution of Tudor England was being launched. The counterpoint of ‘consumer’ and ‘producer’ is at the heart of the development of capitalism and reflects the dynamic which has got us into such bad strife today.

Economic growth demands increasing consumption but increasing consumption is killing planet earth. There is, however, hope. In the Japanese language, there is no word for ‘user’ that well known recipient of goods and services in a market economy. The Japanese prefer to call consumers ‘the persons who live”. Persons who live cannot also be persons that kill. So let’s get rid of the words ‘users’ and ‘consumers’ as we go about the ethical reconstruction of our world and celebrate a new word to describe our participation in a new political economy.

How about ‘sustainers’?

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Filmmaker Michael Moore calls out Senator Chris Dodd in his latest documentary, Capitalism: A Love Story, for receiving corrupt sweetheart loans from Countrywide Financial. Moore discloses a recent phone call he received from a "well known, well connected" person around the Democratic Party to "cool it" on the senator from Connecticut. . . read more
Capitalism a Love Story- Michael Moore's New Film . . read more

To the demographic of young people whose youth extended throughout the early 2000's you would be, like myself, one of the first generations to be exposed to the consumer sensation of the Japanese money-maker, "Pokémon".

The lesson behind these cuddly creatures is fairly straight forward; you catch them, you raise them, you trade them, you win... somehow. However, after vast reflection and confusion regarding the nature of our obsession i have come to the realise that it was a scheme to make us into baby capitalists.

Think about it: you (the stockbroker) after exploring a strange and magical world (the market) where you're invited to to obtain small creatures (shares). After time your Pokemoney becomes even stronger and is further consolidated in the face of another Pokemon. After seeing the results of one, you gather more because you "must catch them all". And the outcome? (nothing it's a cartoon about Japanese monsters).

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Tenzin Gyatso, the 14th Dalai Lama of Tibet, gives his perspective on capitalism, socialism and the widening global gap between rich and poor. . . read more

What we are witnessing right now is the end of an era: the death of turbo capitalism, writes RENATE OGILVIE.

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Despite the demise of communism in the rest of the world, the Communist Party of China has had little problems finding new members. In the last five years three-quarters of those who flocked to join were under 35. . . read more
Naomi Klein, investigative journalist and author of No Logo and The Shock Doctrine, on the modern Chinese system, a potent hybrid of authoritarianism and capitalism, and how this model may become a global trend. . . read more
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As mentioned on HPD last Saturday, there will be a strike at UNSW today by the NTEU.

The strike is centred around expired Enterprise Agreements that the Management are refusing to resign leading to negotiations having stalled.

Unfortunately, the power of this strike seems limited.

Around campus most students are either: going to come to class because their lecturers said they were coming, treating it as a holiday, or completely ignorant of why the NTEU is striking.

The problem is high-lighted when we consider that for most people a strike seems like an inconveniance.

A not all together unpredictable state of affairs, but one that shows the gulf that has grown between students and staff and the work that may need to be done to bridge it.

 

 

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Why has homepage started running so many nameless 100 word eds? Names are good for intellectual continuity, honesty and non-hypocrisy. - Terry McGee

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Re: Bale de Rua

We thought the Bale de Rua was aweful. Choreography was terrible - set design, music and costumes were lacklustre. The dancers however were very athletic and graceful. - Jules

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Re: In Praise of Mediocrity

I just wonder who decides if what ever you chose to do in life, is mediocre or not. Sounds like with standards like yours, this article with its poor structure and soap box appeal may also be considered by many as, in-fact, mediocre. - Khedra

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Re: The Assassins of Langley

Yes, Mr. Neville. Odious, heinous assassins sold body and soul to Luciferian entities who pull the strings (the last of them, I want to believe) from the shadows. Philip Aggeee and John Stockwell portrayed them quite well. They are NOT heroes, nor are the gangbangers of East Los Angeles who spray grafitti in Iraq, where they most certainly train for urban warfare on our streets. Good riddance to them all!

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Re: Hairy Legs: A Study of Female Art, Feminism and Femininity

 Looking forward to more of her articles. Hope she does plenty of Art Theory at SCA. Barbara Kruger and Judy Chicago are certainly powerful artists and it would be interesting to see what they are doing now.

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A hero's welcome for the famous Iraqi shoe thrower

Terrorist! Please do your research first before writing such dangerous things, we was insulting Bush by throwing the shoe as he was disgraced with him, not trying to topple the largest super power in the world by throwing a shoe. I cant believe you have put those words up. Ashamed

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Re: How to Report the News

Having worked as a TV news reporter I found Charlie's piece very amusing - some of us have long believed reporting like this is a rubbish way to do things! But even if a journalist wants to tell stories in a more authentic and engaging way, the constraints of the so-called "house style" in many news organisations make it difficult to achieve. What's needed is a massive culture shift and a complete re-think of what we understand quality broadcast news reporting is. And guess what? That's exactly what's happening, though you'd never believe it from what we're still mostly seeing on TV. Anyway, the new digital technologies, and shake up of "old school/old mainstream" journalism means new platforms and styles of "news" storytelling can now emerge. Let's hope fresh and appropriate ways of funding appear too, so we can kill off this dreadful formulaic reporting and delivery, and clear the way for more natural and interesting ways to treat stories and content.

Much love, Ian Aspin.
www.twitter.com/ianaspin

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Re: Pushing 60 With Pot

You're pushing 60, well I'm pushing 70 and still having to scrounge around for my pot. It's tragic that when I first came to Australia it was $30 an ounce, and now I have to pay nearly $350 - Peter

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Re: Textbook publishers dream of the tablet

Why can't this just be a program for PC and Windows? Why do they have to make us buy more hardware that's just going to disappoint? - Tyler J. Wilson

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Re: Killing Indian Students: Australia's Favourite New Sport!- by Sean Maguire

How about the indian guy who slashed his wife's throat, is still australia to blame for?..may be , for accenpting them to move over!I am an immigrant myself but I love this country, there is no perfect place on Earth but australia is one of the best! - Michael

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This entire fiasco is an incredible over reaction. Australia is an easy target. Why? because we are honest, transperant and we talk about our failings. Is there aggression and iolence in Australia? Sure, like any country. But we face it head on and we work to eliminate it. What about the stories of the 100’s of thousands of Indian workers who are treated as slaves in the middle east and nobody says anything? What about the fact that India still has entrenched pedophilia in terms of child brides? What about the crushing poverty embraced by more than 60% of the Indian people while this nation runs around building nuclear warheads? A storm in a teacup, an over reaction, and a diversion from some the really bad issues facing India. What is really happening here is that students are being unnecessarily frightened. meaning they will miss out on what could be the opportunity of their lifetime. - Daryl
 
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I couldn't agree with Sean Maguire's article more on the recent Indian attacks. For all those who like the pretend the attacks are merely based on coincidence, try to imagine how we would react if the boot were on the other foot and an uncharacteristic number of Australia's had been murdered in India. Would you push for a travel ban? Would you be scared for your children in a seemingly hostile environment so many miles away?  - Kara Jensen-Mackinnon

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