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Balancing Act: Australia Between Recession and Renewal

Balancing Act: Australia Between Recession and Renewal

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About Balancing Act: Australia Between Recession and Renewal

balancing act An urgent, original guide to today’s political and economic challenges. What has gone wrong with our politics? And what do our governments need to do so that Australia is not globalisation’s next victim? Balancing Act is a passionate look at the politics of transformation and renewal, and a bold call for active government. Megalogenis argues that both sides of politics are clinging defensively to an old model because it tells them a reassuring narrative of Australian success. But that model has been exhausted by capitalism’s extended crisis and the end of the mining boom. Trusting to the market alone has left us with gridlocked cities, growing inequality and a corporate sector that feels no obligation to pay tax. It is time to redraw the line between market and state. This edition also contains Megalogenis’s other best-selling Quarterly Essay, Trivial Pursuit: Leadership and the End of the Reform Era, as well as a substantial new afterword that brings the narrative up to date.

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