The Americanisation Of Australia

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I read in an ABC news report about a doctor earning $600, 000 a year. University vice chancellors on $1.5 million per year. Dentists earning half a million, whilst many older Australians cannot afford to go to the dentist because of the high cost involved. This is the Australia we now live in. A country, in which 20 of the last 25 years have had LNP Coalition federal governments. Inequity and inequality are riding higher than ever before downunder. This has Americanised us via the concentration of corporate ownership via mergers and takeovers creating duopolies and oligopolies in nearly every sector. This failure of the ACCC and ASIC, under the government’s watch, has stripped away consumer buying power and worker’s rights. The competition watchdog has been asleep at the wheel or paid off by nefarious means and the revolving door. This is the Americanisation of Australia.Continue Reading

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In the wake of Trump 2.0 and the growing realisation that America is completely on the wrong track or, indeed, coming off the rails, do we need to de-Americanise Australia? Take a moment to consider how far down this Americanised route Australia has already travelled. In this Neoliberal Era, in which we live, it is big business running the show and Corporate Australia has imported most of their ideas and ways of doing things from the Yanks. Over decades, we have brought in American CEOs and many of our home grown business leaders have done their MBs at US higher learning institutions. Things like outsourcing jobs overseas to reduce labour costs and the rise of private equity investment are all American initiatives. Australian big business is very US orientated in the ways it goes about things.Continue Reading