Compared to the epic narratives of America and Europe, our story can seem rather unglamorous. Australia's 'tyranny of distance' from the seismic events of world history induces a vague sense that Australians labour under a certain tyranny of irrelevance. Perhaps we don't look hard enough to appreciate what is unique about our past. Or is is that our innate sense of ... More
If free markets promote themselves as the most effective and efficient way of creating and sharing prosperity, then growing inequality has emerged as one of their deepest failings in the early part of this century. After all, how ‘effective’ is having ninety-nine per cent of the world’s wealth go to less than one per cent of its population? Is it ‘effi ... More
Forget the cliché about a week being a long time in politics. Two decades in this super-speed, globalised age is more than enough time, it seems, for even the ‘best’ political system to go pear-shaped.
A growing number of books in recent times have focused on the current travails of Western-style liberal democracy. Its litany of dysfunctions includes co ... More