Capitalism After the Crisis: A Framework That Failed the Test of Reality
Jim Chalmers’ 2023 essay was written immediately after delivering his first Federal Budget and was presented as a new economic manifesto for Australia, a “values-based capitalism” built upon co-investment, market redesign, wellbeing frameworks and expanded public purpose. But by 2026, two projects alone stand as irrefutable evidence that this was not a durable economic framework. […]