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Flat GDP shows folly of free trade, rapid population growth agenda - Kelvin Thomson

"Australia's GDP per capita went backwards in the June quarter, sliding by 0.2 per cent. Reports that it increased depend on the use of "population creep". GDP increased by 0.2 per cent, but that was only due to population growth, and GDP per capita, which is a far more accurate guide to living standards than GDP, declined.

Not surprisingly, then, real net national disposable income per head, which is the best measure of living standards, slid by 1.2 per cent in the three months to June. The Fairfax economist Peter Martin says this is the fifth consecutive slide in real net disposable income per head, which is now 5 per cent below its peak in 2011." (The Hon. Kelvin Thomson, Federal Member for Wills, 3rd September 2015).

Trans-Pacific Partnership threatens democracy, economic sovereignty

The agreement signed by the Australian Government and other Pacific Powers at the recent Trans Pacific Partnership, largely held in secret in Kuala Lumpur takes away from people in the Pacific, much of what democratic rights they previously had to make decisions on matters that what would effect their livelihoods and environment.

See also: Flush the TPP! -- Stop the Global Corporate Coup! at http://www.flushthetpp.org/; Marles vows not to cave to US pressure by Peter Martin in the Age of 15 July 2013; Public health at risk in trade talks by Deborah Gleeson and David Legge in the Age of 14 July 2013. Broadcasts of interviews embedded in this article.

Islam, Revolutions and Economic Liberalism

Here is a very topical, historical account by E.J. Hobsbawm of the rise of Islam in the so-called undeveloped world which occurred in reaction to the disruption caused by economic liberalism and colonialism. People who are curious to understand why there is still apparent opposition between Western “democracy” and capitalism and Islam, might find it interesting.

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