Alex’s blog about strategy, campaigning, growth, politics and climate (among other things).
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What if we abolished household debts?
Have you heard of the term “plutonomy”? It means an economy that is fundamentally defined by extreme levels of wealth and income inequality, and which operates entirely in the interests of the extremely wealthy. This is the protracted economic crisis gripping Anglo-American economies, including Australia’s. We have zombie economies (as John Quiggin would say) that… Read more
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What if we replaced payroll tax with land tax?
I recently read Alison Pennington’s AFR article, and the commentary by Rayna Fahey, Advocacy Director at Prosper Australia, highlighting the core problems in our economy: we do not tax wealth enough, and unearned property wealth has skyrocketed to society-distorting levels. Pennington makes the point that Australia has shifted to an overreliance on taxing earned income,… Read more
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Philip Lowe says we need less democracy. That would be a disaster.
In a recent opinion piece at The New Daily, Michael Pascoe drew attention to a concerning perspective held by former RBA Governor Philip Lowe (and likely shared by many influential “opinion leaders” in society) — an inclination towards side-lining democracy and entrusting critical decisions to unelected technocrats. In principle, fiscal policy could provide a stronger… Read more

















