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Channelling ‘The Boss’, But Still Bashing the Bosses, Well Some of Them

The rich person bashing seems to be coming in waves. First we had the phase of talking down the likes of Clive Palmer, Andrew ‘Twiggy’ Forrest and Gina Rinehart. This first particular episode of the politics of envy came from the moment Wayne Swan’s article in The Monthly made its way into the public eye.  The second wave, which we’ve been pre-emptively warned about will commence this evening with renewed attacks highlighted by the Treasurer as coming our way when he gives the annual John Button Lecture in Melbourne tonight.

Let’s be honest, it’s not about all billionaires and other extremely rich people, if it was Mr Swan would have targeted the likes of Frank Lowy, Kerry Packer, Harry Triguboff and others. He hasn’t, it’s all about the mining billionaires, the ones who’ve spoken out against the Minerals Resource Rent Tax. The others don’t even rate a mention. Does Swanny think that they pay enough tax? He clearly does, there’s no additional profit tax being proposed for them.

While we’re being honest, who wouldn’t complain about having to pay extra tax? Let’s face it, we’re all self-interested individuals, well most of us at least. I’m pretty sure that just about anyone, from the richest among us to the poorest among us would be uncomfortable having to pay extra tax. This is especially the case when the services provided with the money people already pay in tax aren’t exactly all glowing examples of efficiency and the smart use of money.

Is it really smart for the Treasurer of our nation to be publicly knocking someone for having an opinion? Why not knock the countless individuals that don’t want to pay more tax and in many cases want to pay less tax? We all know that happens too.

Let’s get serious again for a minute. Clive Palmer employs an estimated 3000 plus people across his businesses. Andrew ‘Twiggy’ Forrest through his company Fortescue Metals Group (FMG) employs over 2000 people. Not only that, but Mr Forrest, through his Australian Employment Covenant has reached his target of finding 50,000 jobs for indigenous people a massive and very worthwhile initiative. Gina Rinehart, for her part employs and will seek to employ in the future a not insignificant number of people either.

Do we really want to bash Australians that create so many jobs? Do we really want to attack those at the head of companies which are involved in an industry which has played a major part in saving us from recession? Those who own companies in an industry that is currently still saving us from very poor economic results? I don’t think so.

Is Wayne Swan’s claim that these particular individuals are having too much of an influence on democracy actually true? Well actually no it isn’t. Pretty sure the Deputy Prime Minister has actually gone ahead with both the carbon tax and the mining tax despite the protestations which spawned the spending of millions of dollars on advertising campaigns against the two taxes.

The reality is they’re still going to pay them. That is, they’re still going to pay them until a Liberal Government takes power which you’d say is a dead certainty on the back of continued poor poll figures for the Labor Government. Yes, Clive Palmer is involved within the LNP in Queensland but at the same time I’m pretty sure a central tenet of liberalism is lower taxes and well isn’t that the result? Wouldn’t that play a part in making it easier to do business?

All this lunacy from a man that takes his inspiration from Bruce ‘The Boss’ Springsteen. Springsteen is a guy who’s made millions of dollars from a music career in which some of his song bash the rich, all in the name of making himself feel better about his own substantial wealth, estimated at about $200 million. But hey, his music is brilliant.

Social Progress and the ‘Invisible Hand’: It’s Not All About the Economy Stupid

There seems to be a constant battle between those who think that all social progress comes from good economic management and those that think the government needs to be responsible for most if not all social progress. The truth is that the solution (and solution is probably the wrong word) lies somewhere in between a completely free market/economic response to social progress and a government response which can either be to get out of the way or to legislate for social improvements.

In all likelihood on the ‘free market/it’s all about the economy in social progress and government intervention is the best way to ensure social progress’ pendulum the best answer would likely be very close toward the ‘let the economy sort out social disadvantage’ end of the pendulum. Note that it’s only the best answer. Not one single political ideology offers a solution that will completely solve pretty much every single problem and that is both a political and electoral reality.

Now back to that pendulum. While it is self-evidently true that much social progress comes from a strong economy there is also a need for limited government intervention, be it legislating in an attempt to benefit society or stepping away from legislating in areas that might act to prevent the advancement of the people, most importantly the individual regardless of social group.

So what work does the economy do as regards social progress? Well, a strong economy provides many with the opportunity to be employed in a meaningful job. A strong economy means that more jobs are created and more people will have the opportunity to live at the very least a modest and comfortable lifestyle in what is becoming an increasingly expensive world.

More jobs too means more tax being collected by the government without having to raise taxes for any one group and that means for those who do happen to fall through the cracks, and there will always be people that do regardless of effort and exertion and economic circumstances in the nation and the world, it means that there will be assistance available for them for as long as they need it.

So having a job or a business and earning an income is certainly a big part of social progress but there are things which cannot be provided for by a strong economy or the free market.

A free market does not, will not and cannot stop forms of discrimination, particularly relating to participation in the economy, though in some small way the more people able to be given jobs then it flows that less discrimination may well exist because some ordinarily discriminated against may well be invited into employment opportunities.

Ordinarily though, discrimination will exist and will continue to exist and should at the very least be responded to by educating people about diversity and difference.

Anti-discrimination legislation is also a necessary evil though in many cases it is nigh on the impossible to determine when real discrimination, particularly in employment exists, even though the statistics on minorities show in a broad sense that it is clearly an issue. But again this kind of government intervention needs to be coupled with educating people of the capabilities that people from all works of life possess.

One thing that a free market can never bring, not at all, though I’m sure we’d like to see it happen is the very topical issue of marriage equality. Try as it may, the ‘invisible hand’ just cannot bring about people being able to take the tangible hand of their same-sex partner in marriage.

Same-sex marriage is one area in which the government can either intervene to legislate for marriage equality or completely bugger off from the whole process. Reality says that government, in an eventual move would vastly prefer to legislate for same-sex matrimony rather than to say “hey we really have no place here” and that is okay as long as it is inevitable and you’d have to say it is.

For the most part many of us would love for the government to stay out of our lives and the biggest forms of social progress can be provided for with little or no government intervention, but there will always be a place for government particularly when that means correcting ills that they have fostered or fomented, but that power cannot be unlimited.

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