Fair Share: Competing Claims and Australia's Economic Future

By: Stephen Bell and Michael Keating

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Synopsis: Winners and losers: it's the brutal reality in most advanced economies. Increased inequality, economic stagnation and financial instability are the consequences of technological change, globalisation and the massive increase in financial systems. Governments struggle to deal with the unrest this creates and to resolve competing claims for the spoils of growth. Australia's egalitarian traditions and past reforms have served the country well, but the risks of weakening demand, stagnating living standards and structural unemployment are growing and require urgent attention. Does Australia have the fiscal and political capacity to achieve a reform agenda? Can the Australian political system manage these vital changes? Will voters support them? Fair Share ignites the necessary debate to instigate action.