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Democracy has always had a rather fraught relationship with the market. As Aristotle first recognised, some wealth sharing can help rectify inherited inequality and so enhance political life; but it also has the potential to promote greed, doing great violence to the civic fabric....
In his official Budget reply address last night, Bill Shorten laid out Labor's plan to get the country moving in the wake of the mining boom. It's an agenda with an emphasis on education and clean energy.
The Opposition leader rejected the Government's Budget...
Should we shrink the public sector and give the market a greater share? With the current focus on reducing public debt, the federal Treasurer says we have unsustainable expectations about what governments can deliver and so governments need to cut spending and downsize. But does...