For at least the past two decades, Americans have been duped into believing that the sole purpose of a corporation is to maximize value for its shareholders. That belief, first promoted in business schools, has been absorbed in the media, in academic circles, and in the political realm - even progressives like Al Franken have repeated it as if it were indisputable fact. But in reality, it has no basis in the law or American precedent.

from the Drum …..

Ahead of SBS's Go Back to Where You Came From, participant Catherine Deveny reflects on the Government's asylum seeker policy and asks, is this the Australia we want?

from Crikey …..

So Bill Shorten is doing it tough on his $330,000 a year. The poor fellow. 

Well if it's hard living on a ministerial income, he will find it even harder living down this comment published in the Sydney Daily Telegraph this morning. 

It was a tale of two interviews this week. Leigh Sales from the 7.30 Report destroyed Tony Abbott and exposed the Leader of the Opposition for the fool he is.

from politicoz …. 

On the weekend, Northern Territorians voted out the ALP government, replacing it with Terry Mills' Country Liberal Party. This was the fourth successive state or territory election in which a Labor government has been ousted.

is genetic manipulation democratic?...

Well this where there is confusion; The answer to genetic engineering is quite clear: NO... Not at this point in time... Though it depends on who and what we include in our "democracy"... Has nature got a vote?...

So far not a single country has had the courage to get their voters to adjudicate on the "genetic engineering" vexing issue...