July 24, 2014
As we know few people buy Hockey’s phoney "budget emergency" and the Abbott Government is facing billions of dollars of lost savings and revenue as a result of the divided Senate due in part to its inability to negotiate with the minor parties controlling the balance of power in the Senate. Belligerence, bluster and revenge is the style of this government.
This global world we are now living in is one in capitalism and democracy are becoming increasingly incompatible, and where big business wants to completely free itself from democratic regulation. Democracy is increasingly being treated with contempt by the neo-liberals whose mode of governance is structured around reduced taxation, reduced regulation over labour costs, minimal consumer protection and fewer restrictions over services and the marketing of new financial products.
The strategy of the neo-liberal mode of governance is to reshape Australia so that it becomes more like the free market social and economic model of the US, rather than the social democracy model of much of Europe.Those who benefit from a US style free market system where government minimises its involvement are the financial industry, the mining and energy industries, gambling interests and real estate companies.