Treasurer Jim Chalmers has laid out an economic blueprint for pursuing “values-based capitalism”, involving public-private co-investment and collaboration and the renovation of key economic institutions and markets.
In a 6000-word essay in The Monthly titled “Capitalism after the crises”, Chalmers declares the Labor government wants “to change the dynamics of politics, towards a system where Australians and businesses are clear and active participants in shaping a better society”.
Chalmers’ essay looks to the future after the uncertainties of three global crises - the GFC, the pandemic, and the current energy and inflation shock.
