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A comment about Union independence from Labor aside, this GLW article still seems to see a Labor win as a positive thing . . . Cheers, John On Sun, May 19, 2019 at 6:49 PM Chris Slee via Marxism < marxism@lists.csbs.utah.edu> wrote: > ******************** POSTING RULES & NOTES ******************** > #1 YOU MUST clip all extraneous text when replying to a message. > #2 This mail-list, like most, is publicly & permanently archived. > #3 Subscribe and post under an alias if #2 is a concern. > ***************************************************************** > > Michael Roberts notes that opinion polls were predicting a Labor Party > victory in the election. But this did not happen - the Liberal-National > Coalition has won. (There are still some undecided seats, but these will > not enable a Labor victory. At best they might force the Coalition > government into reaching an agreement with some right-wing independents). > > One factor affecting the result was a huge media campaign by Clive Palmer, > a wealthy businessman who spent an estimated $60 million on advertisements > attacking Labor. This amount is roughly equal to the combined spending of > Labor and the Coalition. > > On a more positive note, the Victorian Socialists - a coalition of left > groups and individuals in the state of Victoria - averaged about 5 percent > in the 3 electorates it contested, which is much larger than other election > results for left groups in federal elections in recent years. > > Here is an article about the election result by Jim McIlroy in Green Left > Weekly: > > https://www.greenleft.org.au/content/coalition-win-makes-fightback-urgent > > Chris Slee > > > > ________________________________ > From: Marxism <marxism-boun...@lists.csbs.utah.edu> on behalf of Louis > Proyect via Marxism <marxism@lists.csbs.utah.edu> > Sent: Saturday, 18 May 2019 10:03 PM > To: Chris Slee > Subject: [Marxism] Australia: luck running out? | Michael Roberts Blog > > ******************** POSTING RULES & NOTES ******************** > #1 YOU MUST clip all extraneous text when replying to a message. > #2 This mail-list, like most, is publicly & permanently archived. > #3 Subscribe and post under an alias if #2 is a concern. > ***************************************************************** > > Australia may be a ‘lucky country’ but luck can change. The economy > relies on raw material exports and so is vulnerable to any plunge in > commodity prices and if China were to slow down or the trade war with > the US really spike, then Australia is vulnerable. The OECD put it this > way “a negative external shock cold prompt a sharp cut to incomes, a > rise in unemployment and downturn in consumption. This would increase > mortgage stress and further escalate a fall in house prices. A currency > depreciation would also be likely.” > > > https://thenextrecession.wordpress.com/2019/05/17/australia-luck-running-out/ > _________________________________________________________ > Full posting guidelines at: http://www.marxmail.org/sub.htm > Set your options at: > https://lists.csbs.utah.edu/options/marxism/chris_w_slee%40hotmail.com > > _________________________________________________________ > Full posting guidelines at: http://www.marxmail.org/sub.htm > Set your options at: > https://lists.csbs.utah.edu/options/marxism/johnedmundson4%40gmail.com > -- The law locks up the man or woman Who steals the goose from off the common But leaves the greater villain loose Who steals the common from the goose _________________________________________________________ Full posting guidelines at: http://www.marxmail.org/sub.htm Set your options at: https://lists.csbs.utah.edu/options/marxism/archive%40mail-archive.com