It has hardly rated a mention. But one of Joe Biden’s more controversial and potentially system-changing pre-election promises could soon have a significant negative impact on Australia’s free enterprise capitalism that has successfully brought Australians one of the world’s highest standards of living. His vow to ‘put an end to the era of shareholder capitalism’ rejects the long-standing principle of the primacy of shareholders in corporate responsibility.
Already a subscriber? Log in
Subscribe for just $2 a week
Try a month of The Spectator Australia absolutely free and without commitment. Not only that but – if you choose to continue – you’ll pay just $2 a week for your first year.
- Unlimited access to spectator.com.au and app
- The weekly edition on the Spectator Australia app
- Spectator podcasts and newsletters
- Full access to spectator.co.uk
Or
Unlock this article
You might disagree with half of it, but you’ll enjoy reading all of it. Try your first month for free, then just $2 a week for the remainder of your first year.
Comments
Don't miss out
Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.
SUBSCRIBEAlready a subscriber? Log in