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SOCIO-ECONOMIC PARADIGMS May 10, 2013

Posted by wmmbb in Australian Politics, Social Environment.
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Joe Hockey, I imagine is pleading for a new paradigm that will make his budgeting more relevant to the world as it now has become. We can listen to two people, one who addresses his current paradigm, neoliberalism and the other who will address, “What it means to be human”.

Firstly Professor Colin Crouch addresses where Joe is, as he speaks about his book, The Strange Non-Death of Neoliberalism, and the role of large corporations in the economy and by implication in the social technology of democracy (via War In Context):

At Crooked Timberr, Henry provides a book review in which he concludes:

As with most such books, the diagnosis is better spelled out than the prescription. Crouch argues that a return to the centralized state will not work – “it is impossible to envisage an economy that is not dominated by giant firms and in which they are unable to translate economic power into political influence … all use of the state as a check on or regulator of corporate power will be, at best, a matter of ‘two steps forward, one step back.’” Furthermore, the state itself is “an area within which individuals seek personal advantage and aggrandisement,” and democratic control, while important, is a blunt instrument. Crouch ends up calling for solutions drawing on civil society, “not because its organizations can in themselves be trusted any more than any other institutions managed by human beings, but because of its capacity to generate a genuine pluralism.”

I don’t imagine Joe is a taker. So lets consider a maker, that incorporates the reality of climate change into the economic thinking, which reconsiders the world of human persons (via War In Context). Tim Jackson is an ecological economist:

There is time before 14 September for Joe for reframe his thinking. Will he be up to the challenge to be relevant to the present and the future?

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