5 April

One of Australia’s leading financial analysts, not a Leftie of any kind, has been saying for a long time that communism is the only answer for the world. I don’t think communism is necessarily the answer, but what he’s getting at is that without coordination of what we do as societies, by something, we end up in the same place every time. Drowned in debt. Debt is how you make things happen individually if you’re not able to work collectively. You borrow the effort of others, rather than work together. We’ve always fixed our problems with debt, even now we think ‘re-paying’ the debt to fix Covid-19 is the real issue. I think it’s much bigger than that, it should force a re-think on how we coordinate society as a whole.