Financialization & Zombie Neoliberalism
Paul Keating tells us that Australia is on its way to becoming the unofficial 51st state of America. The former PM is not being complimentary in his assessment of our current defence policies when saying this. No, Keating is issuing a warning about our docile behaviour in this space. The truth is that Australia does follow the Unites States in many ways when it comes to economic and political trends. Especially, the conservative side of politics are constantly looking to take our country down well-trodden American roads. Financialization and zombie neoliberalism is where the US finds itself with private equity investment firms gobbling up all areas of life and business in America.
Economics Fresh Politics