Good article.
Add to the mix climate change, and the intense attraction of both corporates and their enslaved governments (via corporate donations) to the fossil fuel empire, and you have the recipe for collapse that so many have warned about.
Will the vestigial Marxists in China realise that they cannot enrich themselves while en-surfing the masses?
Will the Australian electorate, and its vestigial democracy, realise that we need leadership to take us away from a fossil fuel economy?
I guess we'll find out.

Marko, I'm not sure why I read past the first few lines where you virtually spit out the word, "neoliberal" as an unchallengeable insult, but I did. You have dribbled out an unmitigated pile of socialist tripe. You have no idea what makes for a prosperous world. It most certainly isn't whatever you prescribe.

Remind me to be very suspicious of each and every PHD issued by Monash. I suspect those that issued yours have never worked (certainly not owned) any enterprise reliant on customers freely paying for goods or services on offer.

Hayek's prediction of serfdom is personified in you and your preferred road.

God help us!

You know what the most important result has been in the western world’s abuse of the poor in their own lands since industrial revolution times?
Well quite simply . . . . . the fact that it was always the poor classes that were forced to endure, experience, learn and grow out of their endeavours fgrom being ripped from their traditional triba lands/homes/vollabges/races etc. and made to work in the newly mechanised factories of 18th century not as this or that tribal member etc. BUT as INDIVIDUALS working in a common toil in a commonly difficult period.

That taught those “poor classes” to become de-tribalized and educated to understand a world of individuals .
The classes in the west today that claim credit for the common people’s social/political advances involving equality, worker’s rights and multi-racial/equality based culture, that is the non-labour classes (i.e. property owner classes including most in rulership), as they do in Arts courses at western universities on social policy etc. However the non-manual working classes were NEVER forcibly ripped from their lands/tribes/villages etc. and so those classes NEVER learnt the concepts of equality, individuality and anti-nepotism which is still today their number one main method of survival not to mention their main way of staring out in this modern world of change . . . . . being merely provided with the wealth and connections to maintain the class oppression upheld by their parents and those before them.

. . . . . I WISH TO INFORM ALL -
In fact it is mostly due to the western support of slave labour and mass oppression in the non-west that perpetuates all these atrocious crimes. It will no doubt be a confusing shock to most BUT involved as guilty parties to these genocidal actions are both the so-called “right” and the “left” in the western social-cultural-political sphere and the article we herein comment about dispalys a total insubstantial and unsupported old-style “Marxist” slant which in fact in the west and thus in all the world has NOT existed for at least 60 years.

. . . continued . . . . .

Discontinue the support of India and China [mostly, but also the rest of non-west] in their extremely atrocious and inhuman slave-labour industries now even in India infecting the tertiary/service sectors (e.g. customer service and IT sectors) by for a start protesting directly at the Indian and Asian middle-to-upper classes of workers and students the west invites perpetually to be residences and often permanent citizens since it is precisely these classes of Asians whom in Asia keep suppressed the 600-1000 million “poor” human beings who are currently the worlds’ factory labour fodder fools . . . and it is ONLY because these disgustingly selfish overlords of Asia have the full support of the powers of the western world which allows this to continue unabated and unquestioned and even in a real sense UNKNOWN!
This “western leadership” that I charge to be “GUILTY” in the complicity forthwith included not just the business classes [i.e. “right-wing”] but involved ALL the non-manual worker classes including those whom self-proclaim to be “LEFTISTS” like the author in the article above who like all ‘leftists’ unfoundedly equate ‘left’ with ‘decent/moral’ YET –
. . . . ASK ANY “LEFTIST” THIS – when was the lasdt time they genuinely considered to want to help in seriousness “POOR PEOPLE” IN GENERAL regardless of race or class or any factor?
Before you allow them to answer you look for this – are they a fan of “HOUSOES” or “BOGAN HUNTERS”? , shows that opely taunt and mock poor and oppressed classes regardless of their sufferings of mental illness and physical and emotional abuse not to mention institutional discrimination like the similarly oppressed classes of native indigenous Australians.

I think someone must have put in a call to the hippy kooks commune to post on this thread.

Perhaps Marko is their leader.

All Marko's article means is that he doesn't understand the terms he's using. No school of thought or economics calls itself 'neoliberal'; this term is used only by big-government statists as a term of abuse without ever understanding or accurately representing the issues they are talking about, just as Marko doesn't understand them or accurately represent them. Running through his diatribe is just the usual left-wing economic illiteracy; just a garbled collection of slogans that leftists think is incisive economic critique.

Daffy, Naomi Klein, uses the term "capitalism" to mean government monopoly control of the supply of money and credit. In other words, she doesn't understand what she's talking about. So what does that say about your understanding?

It's easy to refute these idiot. All you have to do is ask, if government is as good as you assume it is, why not get it to run all production? They immediately resile from that, and say no, they never meant that, what they want is a mixed economy. But
a) that's what they're criticising in the first place, and
b) the crony capitalism they criticise is precisely the result of the economically illiterate left-wing policies they support in the first place.

Marko, you need to read "Economic Calculation in the Socialist Commonwealth" by Ludwig von Mises, because it demolishes your intellectual universe. Only after you have refuted it are you in any position to run a counter-argument. All you're doing now is displaying your ignorance, and making it obvious that you don't even understand what the arguments are.