As Labor considers its next course of action leading to the upcoming Federal Budget, commentators and politicians should not be reticent in condemning the deep flaws of neo-liberal capitalism, and in suggesting progressive alternatives.
But such is the power of the dominant ideology, most cannot imagine a future without “capitalism”, whatever they may conceive it to be.
Nevertheless, we need alternatives which - as Habermas might explain it - place the “life-world” of human and environmental needs ahead of abstracted economic “systems”; which minimise exploitation by investing economic and political power in the hands of ordinary people; and which avoid destructive and parasitical speculative practices.
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Whether we call it “Global Social Democracy”, “democratic socialism”, or something else - the need for change is immediate. The time for change is now.
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