Posts Tagged ‘ALP’
Doing over our kids


The ever rising house prices in Australia show how stupid our policy makers have been.

We have increased our productivity. We have increased our wages. We have used the increase to buy our houses off each other at higher prices. Bankers made out like bandits. Now it is debt servitude or the rentiers life for our kids.

Australia borrows money from overseas. We’ve stuck it to our kids to benefit foreign financiers. It has also increased the cost of production in Australia. The land component costs more than it needs to. This is built into our cost of goods or services sold. We’ve undermined our international competitiveness as well as our kids future.

It did not have to be that way. It does not have to be that way.

Group think by incompetent politicians and public servants created this mess. They don’t have the nous to get us out.

Who will end our socialist left versus free market right stale fight?  Who will end the reflex rhetoric?

Nature abhors a vacuum. There will be a change candiate. There will be a party of change. It will not be one of the big four political parties. They are caught in their in their own credibility trap:

““A credibility trap is a condition wherein the financial, political and informational functions of a society have been compromised by corruption and fraud, so that the leadership cannot effectively reform, or even honestly address, the problems of that system without impairing and implicating, at least incidentally, a broad swath of the power structure, including themselves.

The status quo tolerates the corruption and the fraud because they have profited at least indirectly from it, and would like to continue to do so. Even the impulse to reform within the power structure is susceptible to various forms of soft blackmail and coercion by the system that maintains and rewards.”

Probably best to think of them as a rotting carcass, good for fertilizing new more vibrant political life. The best thing they can do for the country now is to wither and die. Escaping their traps are, I believe, beyond them.

They will not. They’ll desperately cling to their power, prestige and pay packets. As for the national interest or greater purpose for their being in politics. What’s that?

Is this really what you want for your kids:


Gillard is Green

There has been much mindless comment about Bob Brown wielding excessive influence on the Gillard government. But this presupposes Gillard wanted anything other than the same outcome for Australia as Bob Brown. Not so,  the Green Party in Australia is basically the old ALP socialist left. It is the natural philosophical home for someone of Gillard’s persuasion.

Gillard, like Rudd before her simply said and pretended to be whatever would help her get elected. After all, the end justifies the means. And in her mind nothing is more noble than her desired ends. Besides there is no such thing as truth. Why should she be constrained by bourgeois values of honesty and integrity?

Don’t be fooled by Gillard’s replacement. Labour needs to earn our trust, not be serially rewarded for deceiving us.


Lest you underestimate the importance of bourgeois values that Gillard and the left scorn:

The Biggest Economic Story was not caused by trade or investment or exploitation. It was caused by ideas. The idea of bourgeois dignity and liberty led to a rise of real income per head in 2010 prices from about $3 a day in 1800 worldwide to over $100 in places that have accepted the Bourgeois Deal and its creative destruction.

Innovation backed by ideology, then, promises in time to give pretty good lives to us all. Left and right tend to dismiss the other’s ideology as “faith.” The usage devalues faith, a noble virtue required for physics as much as for philosophy, and not necessarily irrational. But maybe both sides are correct. A socialist maintains her faith in governmental planning despite the evidence that it doesn’t work to the benefit of the poor. A conservative maintains his faith that what’s good for the military-industrial complex is good for the country despite the evidence that it impoverishes and coarsens the people.


Yet innovation, even in a proper system of the virtues, has continued to be scorned by many of our opinion makers now for a century and a half, from Thomas Carlyle to Naomi Klein. At the behest of such a clerisy we can if we wish repeat the nationalist and socialist horrors of the mid-twentieth century. If we imagine only the disruptions of a pastoral ideal, and reject the gains from innovation, we can stay poor shepherds and dirt farmers, with little scope for intellectual and spiritual growth. If we worship hierarchy and violence and the nation, we can hand our lives over to the military-industrial complex. If we abandon economic principles in our worrying about the environment, we can revert to $3 a day, and live in huts on a hillock in the woods by Walden Pond, depending on our friends in town to supply us with nails and books. Now in the early twenty-first century we can even if we wish add for good measure an antibourgeois religiosity, as new as airplanes crashing into the World Trade Center and as old as the socialist reading of the Sermon on the Mount.

But I suggest that we don’t. I suggest instead that we recoup the bourgeois virtues, which have given us the scope, in von Humboldt’s words, to develop the highest and most harmonious of our powers to a complete and consistent whole. We will need to abandon the materialist premise that reshuffling and efficiency, or an exploitation of the poor, made the modern world.

Read the whole thing. Better yet, read the book.