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The Forum > Article Comments > Mass unemployment stalks South Australia > Comments

Mass unemployment stalks South Australia : Comments

By Malcolm King, published 15/8/2016

The two major parties are neo-liberal 'light'. In fact, the Liberals have left the field completely.

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Gee the are a lot of posters who don't let their ignorance be a barrier to posting!

@interactive you can only mine where there is economically mined ore. Arrium as mentioned in Malcolm's piece is an Iron ore miner, in fact they are working the oldest iron ore mines in Australia. you may have notice that commodity prices are down across the board.

@Taswegian yeap I just can't believe that we are happy to mine it, happy to dump it but not happy to use it! it defies logic.

@Shadow Minister power prices where high before renewable s, they haven't helped but in SA the transmission cost are very high as well. As Malcolm said in his piece and i agree with him, it's not just the hopelessness of the labor party it's also that fact that the Liberals have been unelectable in that same period and still are.

Australia has embraced free trade like no other country and we are now reaping up we have sowed. Some one thought it was more important for people on the dole to be able to buy 64 inch tv's then was for them to have a job.
Posted by Cobber the hound, Monday, 15 August 2016 10:53:57 AM
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As a South Australian, I agree with Malcolm King. We are stuffed. Horrors are revealed weekly; the totally inept but still arrogant premier is syaing he is 'sorry', but sorry doesn't do it anymore because he cannot do any better. And, the Liberal oppositions is a dead duck with a very, very uninspiring leader. We haven't had a competent government since Tom Playford. It's all been downhill since then. The most shocking thing of all is we cannot even save little children from death by drug-addled, feral parents.

Go to to hospital for chemotherapy, and they give you the wrong dose. And just this morning, we heard that a women who turned up Lyell McEwen hospital for her regular chemotherapy treatment was turned away because they run out of the chemicals! It took two days for them to order in so that she could receive the treatment.

The only good thing about SA, is the Crows.
Posted by ttbn, Monday, 15 August 2016 10:54:06 AM
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Malcolm 'Paddy' King

SA is not alone, and there is not much separating SA, WA, QLD and Tasmania.

http://www.abc.net.au/news/2016-05-02/state-of-the-states-report-played-down-wa-treasurer-mike-nahan/7375980

Thankfully, NSW and VIC seem to be hanging on, although the main industry in those areas seems to be concentrated around Sydney and Melbourne and selling finance, insurance and of course real estate, which means they try and make money out of thin air.

Although NSW does seem to have run into difficulties selling public assets, as it can't seem to find a buyer except China.

The longer term hope is that the 700 immigrants per day being brought into Australia improves the economy, although it hasn't yet.

And the other hope is that Australians can overcome their racism and sell more public assets to China.
Posted by interactive, Monday, 15 August 2016 11:29:53 AM
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Predictable, given recalcitrant political itrangesence! I think the problem has been all too clearly illuminated, just none of the solutions! Nick may well be a new messiah, and as quickly nailed to a cross by the presiding establishment as the last one?

Nick is a dyed in the wool neoliberal welded to conservative values? And even with an enlarged political presence! Patently powerless to do very much than rob Peter to pay Paul?

What we need is unconventional cooperative capitalism comrade? Given every conventional economic lever, pulled by those those right or left of centre has created the, guaranteed to fail, problem we have today!

And more of the same is like doing what you've always done while expecting a different result!? And the best available definition of insanity, or an outcome create by the inmates who took over the asylum? Cooperative capitalism is just that! And kick started by a government finally willing to preference and finance employee owned and operated free market dependant private enterprise! Given that's exactly what it is! Why co-ops? Well first and foremost, they are the most cost efficient private enterprise model a free market economy can embrace!

Co-ops largely survived the Great Depression essentially intact! And stood exclusively as the only free market, private enterprise, model to do so! This model allows enterprising shareholders to work as their own employees on the shop or factory floor and share in the success or failure as par for the course.

Meaning, the drones and roadblocks/production or sales bottlenecks are quickly identified and removed or eliminated!

Along with the most common causes of new start up failures. Undercapitalization and lack of adequate management skills!?

There are some serious niche markets the world over i.e.,right hand drive electric cars, waiting for entrepreneurs to fill them, which is what we could do with the following paradigm? T.B.C
Posted by Alan B., Monday, 15 August 2016 12:05:04 PM
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Hi Malcolm, I'd be interested to hear your views on what pragmatic alternative policies could be implemented? No-one wants to see mass unemployment, poverty and their associated social ills. Given your thesis that there is no reasonable opposition other than NX's protectionism, would there best be a community based policy platform or grass roots approach? Maybe our reliance upon government to do everything has given us a bad mindset, is the startup, distributed small business approach better?
Posted by morebento, Monday, 15 August 2016 12:06:03 PM
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The government borrows like there's no tomorrow! My preference would be via the sale of self terminating government guaranteed thirty year bonds! Seriously there's trillions looking for just such investments! Which could offset a relatively modest return by giving the income derived, a tax free status?

And given none of this money is currently invested here? We'd be no worse off, but rather, set ourselves up to earn more income via income earning infrastructure and by investing in our own people and their better ideas!

[The basis of the Celtic economic miracle, before it was destroyed by debt laden speculators and their inclusion in the domestic real estate market! And to be avoided as if our entire economic future depended on not repeating this moronic mistake!]

That economic miracle outcome would be assisted if we just bite the bullet and use some of these funds to build new localised off grid power projects as can't lose public or co-op owned and operated nuclear energy projects; but only as cheaper than coal thorium powered projects, prefered, given there are no weapons spin off and they produce far less vastly less toxic waste, which is suitable a long life space batteries!

The government needs to get back into the business of business!

We also need to embrace genuine tax reform rather than the convoluted clayton's calamities that have been rolled out to date!

Decent tax reform would remove incentive to avoid paying a fair share of a common burden and properly structured, would cost more to avoid than pay!

We also need to give immediate priority to regional self sufficiency in defence! In every aspect, manufacture, materials and manpower.

WE need to understand that the next conflict and there will be one, will be fought by remote control; and or, autonomous robots and drones.

That being so, we need to massively beef up our related R+D, and war machine manufacture, materials, repair and manpower capability, all of which could rely on committed cooperative enterprise and self interest! The time for talking is done!
Alan B.
Posted by Alan B., Monday, 15 August 2016 12:56:33 PM
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