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One of the ironies of the intensifying tariff war between America and China is that that neither of the two giants seems to have a viable economic model. Both countries' systems are based on dodgy financial engineering and printing money, or just inventing new types of money out of thin air.
The globe is being split into two, with Australia nervously sitting between the two sides: America and China. At least we have a trade deficit with America so are not an immediate target. But we might want to consider becoming more self-sufficient and broadening our industrial base.
While Bob Carr's institute was deemed to be a panda hugger and Clive Hamilton's position on Chinese influence was considered to be dragon slaying, knowledgeable discussion is a distant third. To China-watchers, the relative lack of a sophisticated focus on Australia-China relations during the election was simply business as usual.
It is in the interests of companies and the people who compose them to see the relationships that constitute work more broadly than the image of transaction allows. In a good enterprise work is a form of self-transcendence through relationships with other workers, with the people whom they serve directly and with the broader society.
A small commotion at the doorway of the store catches my attention. A man in a pork-pie hat marches across the threshold. He carries a small back pack and steps with an uneven gait. He has a sure message, calling out a gamely, 'Good morning! Good morning everyone!' He looks about with purpose. Initially no one replies.
Racing along the Shenyang-Hainan Island Freeway alone. Going across the Hangzhou Bay alone. Playing amidst the Zhoushan Archipelago alone. Staying in a mountain village alone. Occupying a presidential suite alone. Using eight dinner sets alone. Drinking three hundred glasses alone.
Hayne's report brings into play ideas surrounding collective humanistic values and goals, and natural law principles based on commonly understood ethics and moral standards. What is striking is how the financial services industry has dehumanised consumers, and those within the industry providing the services at the frontline.
An academic friend of mine made a dilligent and well-argued case that Hayne had failed in his task to 'tackle bank structure'. With the greatest of respect, this was not the job Hayne had to do. To imagine otherwise is to misunderstand both the law, and what it is 'meant' to do in the hands of those who are judicially trained.
Kenneth Hayne's royal commission into the financial sector has named, shamed and excoriated banks, regulators, insurance companies and other financial services businesses to the extent that you would think they are now extremely vulnerable and universally unloved. That would be a mistake.
Transitioning to a networked world replete with data is a challenging task. Our parliamentarians have a duty to appraise themselves of the basics of human rights, data ethics, and the technological frameworks that will deliver good governance. Until then, we will be left lurching from one technology omnishambles to the next.
David Leyonhjelm recently thanked men from South Asian backgrounds for delivering his pizza, groceries and online purchases; for rolling up their sleeves for jobs others refused. This gesture is seriously problematic. The casual service industry is broken and exploitative and needs to be carefully regulated and constantly audited.
How delightful to see this country's mosques suffused with the scent of frankincense — not just on celebratory days, but always. And what a surprise it is to find that this place in whose proximity Christianity unfolded smells exactly — precisely — like Christmas.