While capitalism was built on the notion that new companies and industries would destroy old ones, the modern version of capitalism is far more clubby, far more polite and far less innovative.
Innovative branding and marketing strategies are okay, but it seems the emergence of whole new industries would be going a bit too far.
Related documents
Between the Lines Newsletter
The biggest stories and the best analysis from the team at the Australia Institute, delivered to your inbox every fortnight.
You might also like
Who needs world-changing, life-saving science when you’ve got rugby league?
If you’ve ever used Aerogard, the announcement this week that CSIRO would cut another 350 jobs should alarm you.
Business groups want the government to overhaul the tax system? Excellent – we have some ideas.
The landslide win by the ALP has seen business groups come out demanding the government listen to their demands despite having provided them no support, and plenty of opposition, over the past 3 years.
10 reasons why Australia does not need company tax cuts
1/ Giving business billions of dollars in tax cuts means starving schools, hospitals and other services. Giving business billions of dollars in tax cuts means billions of dollars less for services like schools and hospitals. If Australia cut company tax from 30% to 25% this would give business about $20 billion in its first year,