It Could Be Worse Here: It Could Be Australia

Mike Stasse's latest blog from Damn the Matrix: Money Rules reminds us that no matter how bad things are today in America, it's worse in Australia: Over the past 15 or 20 years, society switched from being a society to being an economy. Today, everything has a price, and nobody does anything anymore unless there's "money in it". Take Universities; fifty years ago, one could go to University, for free, and just learn. that's what Universities were always for. To learn. Today Universities are all about money, and learning how to make money. I clearly remember our son, who at the time was doing his first science degree, coming home from University one night, scathing of the number of people studying business studies' or economics or any number of other money making pursuits on offer at these institutions. Alex now has two science degrees and a Master.. and can't get work. It was, admittedly, bad timing on his part, Australia has elected an anti-science government that only believes in making money and measuring everything society, oops I mean the economy, does in dollar terms. An economy does not need scientists, it needs bean counters. so funding for Australia's premiere scientific organisation, CSIRO, is being defunded, and is now starting to sack scientists. Just when we need them most. Continue reading Money Rules

Posted in: Wall Street Trading