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There will be Great Reset in finance and economics. It is inevitable because the shock has been so great. The first problem is what to do with global debt, which was already at unsustainable levels before the virus hit: over 320 per cent of global GDP. The only way to prevent system-wide failure has been to lower interest rates to near zero levels.
The capacity to story our experience is a powerful tool for reflection and understanding. As adults we learn that no story is pure and we are capable of telling ourselves spin, but the shaping of experience into story is the bread and butter of our lives. Narrative, it has been said, is a primary act of mind.
The need to contain the spread of COVID-19 has led to a raft of emergency laws that have challenged us to deeply consider the appropriate balance between community and individual rights.
Ordinarily the last two days of July would for me be occasions of celebration. July 30 is the International Day of Friendship and July 31 is the feast day of Ignatius Loyola, the founder of the Jesuits. This July, in Victoria, at least, it is hard to summon energy to celebrate. We are in a time of endurance.
He enters a university library at thirty-five feeling like an imposter, rougher-hewn from suffering than most students, wrapped in an aura he thinks religious pilgrims experience shuffling along echoing naves of Gothic cathedrals, sombre, joyous.
Government attitudes towards universities, the humanities and the arts, are often a strange mixture of ignorance, blindness and misplaced priorities. It is almost as if their graduates fail to match the image of what the government would prefer Australians to be.
What then, does the case for full employment look like? This is not just an economic question, but too of having access to a decent wage that allows all people to live a decent life.
Ideology is a powerful presence in our lives. It works its way into our consciousness through the dominant discourses of government, media, institutional religion, legal frameworks, popular culture, advertising, all the means at the disposal of the powerful. Once we learn to recognise it we see it everywhere. If it feels like we were born into it, it is because we were.
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