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French economist Thomas Piketty argues that current conditions have set us on track for a return to 19th century-levels of inequality. The Commission of Audit proposals suggest that the auditors and the Government are keen to expedite this neo-Dickensian era. It's all done in the name of 'incentives' toward 'personal responsibility', but this cannot remain coherent in the face of those who will be hit hard by the proposed suite of cuts and co-payments.
The National Commission of Audit believes spending cuts that produce a balanced Budget will make us all better off because we will have a stronger economy and more jobs. But Pope Francis is skeptical about such 'trickle-down' economic theories, which express 'a crude and naive trust in the goodness of those wielding economic power'.
In politics, one should never opt for a balanced and thoughtful description of the truth when wild exaggerations will do. Especially when you want to take from the poor and give to, if not exactly the rich, at least the investor class. The dire pronouncements from the Abbott Government in response to the Commission of Audit's 86 recommendations reflect not only the PM's relentless negativity, but also more than a whiff of class war.
A review of competition laws is allowing the Government and industry groups to push for a ban on environmental boycotts. It is a strange protectionism that portrays industries as victims, defenceless against the barrage of readily available information. It appears the free flow of information cannot be so free as to disrupt capital, and the only legitimate choices within a free market are ones unimpeded by ethics or conscience.
The two powers in Asia on whom our economy and security depend, Japan and China, have reached an impasse. That should not constrain Australia from reaching out to both on the basis of mutual interest and shared values. China has a keen appreciation of the former and an abiding suspicion of appeals to the latter. Distinguishing one from the other and acting accordingly is the first great test of Abbott's statecraft.
Health minister Peter Dutton has refused to dismiss the possibility that a $6 ‘co-payment’ for GP visits could be announced in the May Federal Budget. This would be no more than a quick and easy temporary fix that would penalise ordinary Australians. It would simply defer the government's need to tackle the vested interests that are arguably the major cause of the inefficiencies that have made our health care system prohibitively expensive.
With the Australian economy in disarray, the Abbott Government is showing keen interest in New Zealand's projected unusually high growth. But NZ's status as a rock star economy is in question from commentators who say it has never recovered from major policy shifts 30 years ago. In particular its sexy image on the global business stage does not translate to a better life for those on low incomes, particularly women and children.
'The market for disability services will need to be underpinned with a strong and robust internal risk management framework. There will be an increasing number of for-profit operators in the sector. Hopefully the not-for-profit operators will make the necessary adaptations competing in the market and providing the ethos for the market to deliver services in a dignified, fair and transparent manner.' Frank Brennan's Leading the Way Seminar for the National Disability Service
The budget problems are not caused by Newstart or disability pensions, which have been declining as a proportion of economic activity. Had the Howard Government not been so generous with its tax cuts to upper and middle income groups, there would today be no budget deficit.
Pope Francis' message to the World Economic Forum at Davos developed the Catholic understanding that government and business economic actions should be governed not by trust in the workings of the free market, but by care for the good of the whole human community. Coincidentally the Australian Government announced a review of welfare payments.
Dr Maurice Newman, chairman of the Prime Minister's Business Advisory Council, last week cautioned the Government against listening to certain interests at the expense of the common good. His criticism of the former Government as 'reckless' for establishing and funding the National Disability Insurance Scheme reveals an upsetting indifference and a lack of awareness of the benefits of such a scheme both to individuals and to society as a whole.
Kevin Rudd says we need a 'new politics' or a 'new way'. Tony Abbott says we'll only get a new way by electing a new government. What is missing in both statements is the recognition that what we actually need is a new kind of economic democracy: a reconfiguration of our economic prioritising away from individualism towards the common good, and towards the participation of all rather than the exclusion of many.
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