Prime Minister Rudd launches attack on capitalism — and his rightwing critics crumble

Lost User

Ilíon wrote:

Prime Minister Rudd

Please use the correct title. Chairman K-Rudd

Ilion

Josh Gray wrote:

Please use the correct title. Chairman K-Rudd

That's the title the author chose. Wouldn't it be presumptuous of me to change the title? Especially since, even as an ignorant and parochial American, I know that Rudd's title is technically "Prime Minister." edit: Besides, I thought the general consensus was that Rudd doesn't have what it takes, in many departments, to be a "Chairman."

Lost User

Do you actually have a link to the essay he wrote? I saw an extract from it a few days ago but wasn't aware it had actually been published

Ilion

Josh Gray wrote:

Do you actually have a link to the essay he wrote? I saw an extract from it a few days ago but wasn't aware it had actually been published

Which 'he' are we talking about? The author of the piece I'd quoted ... and thought (apparently mistakenly) that I'd linked to? If that's the 'he,' here it is again: Gerard Jackson: Prime Minister Rudd launches attack on capitalism — and his rightwing critics crumble[^]

Lost User

Ilíon wrote:

Which 'he' are we talking about?

Rudd. As I said he has written an essay that has yet to be published. The media here picked up on an extract earlier this week which I can only assume is what Jackson has based his piece on yet failed to mention.

Ilion

Ah. No, I know nothing about that.

Lost User

Ilíon wrote:

Ah. No, I know nothing about that.

I'm going to print and frame this quote before it gets voted into oblivion!

bulg

Grats, you had a successful conversation with him!

Ilion

lol :laugh: Silly man, you've been listening to lies about me.

Ilion

bulg wrote:

Grats, you had a successful conversation with him!

Anyone can ... it depends upon you.

Oakman

Josh Gray wrote:

I'm going to print and frame this quote before it gets voted into oblivion!

ROFL.

Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.

Ilion

This article from the Sydney Morning Herald, published Jan 31[^], says Rudd's essay is to be published "next week." So, if it's not out yet, it should be soon. edit: Perhaps this will take you to it?[^]

Lost User

Ilíon wrote:

This article from the Sydney Morning Herald, published Jan 31[^], says Rudd's essay is to be published "next week." So, if it's not out yet, it should be soon.

Yes that's the article I was referring to

Ilion

this as a link to it?[^] First 1500 words (of 7000) free online [^]

Lost User

Ilíon wrote:

this as a link to it?[^]

Thanks, I'd go and buy the magazine but I think it will just make me angry.

Ilion

Josh Gray wrote:

Thanks, I'd go and buy the magazine but I think it will just make me angry.

From what I've read so far, I don't think much of the fellow's ability to think clearly. But hey! maybe he's merely disingenuous. For instance:

... Not for the first time in history, the international challenge for social democrats is to save capitalism from itself: to recognise the great strengths of open, competitive markets while rejecting the extreme capitalism and unrestrained greed that have perverted so much of the global financial system in recent times. It fell to Franklin Delano Roosevelt to rebuild American capitalism after the Depression. It fell also to the American Democrats, strongly influenced by John Maynard Keynes, to rebuild postwar domestic demand, to engineer the Marshall Plan to rebuild Europe and to set in place the Bretton Woods system to govern international economic engagement. And so it now falls to President Obama's administration - and to those who will provide international support for his leadership - to support a global financial system that properly balances private incentive with public responsibility in response to the grave challenges presented by the current crisis. The common thread uniting all three of these episodes is a reliance on the agency of the state to reconstitute properly regulated markets and to rebuild domestic and global demand. ...

All "rebuilding demand" will do is spark inflation ... just as it did last time 'round.