Why was I not surprised when Ross Garnaut started touting higher taxes for the mining industry to solve our current cost of living crisis? Labor’s economic playbook is as outdated as its corporatist model is lacking critical mass in union membership.
What I am surprised about is that while the Australian Financial Review and The Australian have reported on it, ABC News and The Guardian seem to have missed that old chestnut completely.
Corporatism, as practised by the Hawke government beginning in 1983, represented the three major players in the economy: government, business, and labour.
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