Paul Keating – the financialisation of capitalism

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Posted on Friday, September 25th, 2009   

Author: Karl Fitzgerald    Print This Post Print This Post

PK

Paul Keating’s interview on the 7.30 Report this week must be promoted and discussed. This is the sort of leadership compromise Kev should be showing.

The financialisation of capitalism is exactly what Professor Michael Hudson will be discussing in his upcoming tour.

What do you think of Keating’s discourse on the power of banks, the need for stability amongst superannuation investments and from that (reading between the lines) – the need to share the wealth generated by the community that cascades into ever increasing land prices?

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