Tag Archives: circular economy

After the virus, after neoliberalism: manage for quality of life, not quantity of stuff

[Published in New Economy Journal, 6 May.]

As Menzies foresaw, we have had economic anarchy, and both security and progress have disappeared.

A spirited contest of ideas has already started regarding how we emerge from the coronavirus shutdown. The Prime Minister is talking about ‘snapping back’ to what we were before. Some would like to use the crisis to jump to essentially an authoritarian corporate hegemony. Others would like to see a more sharing society with a more active government and embedded in a healthy natural world.

We are highly unlikely to just snap back, but if we want a more caring, equitable and durable society then we need to get clear about what needs to be done. Some are allowing that neoliberalism is dead, but few seem to be clear about what might replace it. Going back to something like our postwar system might be a good start, but we can do better.

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What might we be?

[This did not get a run anywhere else, Too much other commentary on Labor’s national conference, and too much spinach before desert perhaps.]

Professional, disciplined, pragmatism over purity: so enthuse the commentators about another highly-managed national Labor conference.

Don’t end the crimes against humanity being committed on Manus and Nauru, don’t bother with a human rights charter for Australia, address the housing bubble through the housing supply rather than the money supply, propose some new (but not too dramatic) policies on inequality and reconciliation, drop a few crumbs to the complainers. Don’t even think of mentioning the highly counter-productive ‘alliance’ with a rogue super-power. Global w– … what?

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