Letter
Cults never die
Further to Andrew Scott’s recent article, the long march of neoliberalism has witnessed greed transform from a vice into a virtue and the accumulation of extraordinary wealth is now considered the pinnacle of human achievement.
Following the global financial crisis, many neoliberal acolytes and disciples of laissez-faire economics admitted their entire intellectual edifice had collapsed. The corporate welfare solution of lucrative bailouts and quantitative easing was like feeding strawberries to a donkey and it merely transformed the protean elements of fascism into a dystopian paradigm of gangster capitalism.
Its trajectory and devastating consequences are evident throughout most advanced democracies with staggering inequality, widespread vagrancy, lawlessness, despair and anomie.
Meanwhile, Australia’s gross debt nudges towards $1 trillion and the global economy is nothing more than a gigantic festering Ponzi scheme and resembles a house of cards precariously constructed across estuarine mudflats.
However, cults never die and the Australian representatives on the Alliance for Responsible Citizenship advisory panel indicates plenty of unflushable turds remain on board the neoliberal gravy train. Indeed, with proselytes like this lurking around, who needs terrorists?
— Bernard Corden from Spring Hill Queensland