Australia and authoritarian China: in the end, it appears money rules the world

With almost all of China's richest people making their money in state-dominated sectors, such as property and construction, resources, other heavy industries and telecommunications, it is no wonder that there are 85 million card-carrying CCP members with another 80 to 100 million on the waiting list to join.

So good on you Labor, the supposed political party most concerned with helping the vulnerable. Our growing reliance on China and hope that it keeps prospering to buy our minerals comes despite the 2012 Amnesty International Report (pp. 106-111) providing many examples of China's desire to control everything during 2011. This includes the CCP using its growing financial and political clout to pressure other countries to forcibly return increasing numbers of Chinese nationals of certain backgrounds,.

Yep, let us support China as much as possible and learn innovation from their supposed wise rich. From what I have observed, there are many articles that imply that China is not that innovative. Take Xu Xiaoping, one of China's most prominent investors, when asked how best to boost innovation, noted that China's unwillingness to promote creativity and free thinking in the same way as other countries means that innovations will continue to come from people who are exposed to other countries and cultures.

Yep, Labor never really had a clue from day one beyond spinning rhetoric about what it would do in terms of economic purpose, besides hoping that the ideals of free trade play out and Australia stays relatively rich from the export of its natural resources. Sorry unions, you can expect a lot more foreigners coming to Australia as our governments crave revenue and wealth creation from the mining sector.

The shortcomings of recent policy trends roll on, and it will take a much smarter political party than Labor to adopt a more appropriate policy mix in the future, unless of course we are all happy being a quarry for the world. Here's hoping we are not.