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Flat White

The Australian socialist experiment: capturing capitalism

30 January 2023

5:00 AM

30 January 2023

5:00 AM

A sweeping new Australian socialist experiment is well underway. The signs are everywhere. But it’s unique… This is socialism with Australian characteristics. And it’s being plainly stated.

In a paper released this week, Treasurer Jim Chalmers announced a radical remake of capitalism. The Australian explains this as a ‘seismic policy shift’ where ‘Labor will ditch the free market policy consensus that has steered rich countries over two generations’.

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