Jim Chalmers, Treasurer of Australia, has used his summer to produce a paean to statism. Chalmers’ essay, Capitalism after the Crises, offers a new way forward, allegedly one urgently needed if Australia is to navigate the awaiting catastrophe of the 21st Century’s third decade. The new Australian capitalism, he says, will not be like the old one – the one whose chief proponent, Paul Keating, was the subject of Chalmers’ doctoral dissertation.