19 March

In Asia they use strong government to drive investment and innovation. More than a decade ago they identified electric cars as the way of the future, and began developing EV batteries. They now pretty much own that entire space, while we sat here in the West with lazy delusions that ‘the market’ would do all this for us. The market is a fiction. Now other carmakers are scrambling to try to catch up. Australia used to have strong government and leadership, in the last-half of the 20th century. For the past 30 years we’ve mostly voted for morons who told us government was the problem. It turned us into the world’s quarry, producing nothing, and not investing even the pitiful returns we get for those resources, back into Australia. Instead pissing it away in election-bribes as tax cuts, hoping we’d all run out to the shed with the money and start building EV batteries. The market (not) at work. While saluting British flags and pining for the old days of empire.