With our economy based upon money as illusory as God's love, Bob Ellis calls time on free market fundamentalism. We put our faith in a system that awards do-nothing CEOs with millions as their companies collapse and provoke a global crisis. We judge corporate success on the number of sackings, fund the privatisation of essential services with public money and favour cheap goods discounted by the loss of our jobs. We sign up for wars in which capitalism makes a killing. Continuing from his classic dissection of economic rationalism, First Abolish the Customer, Ellis presents 345 arguments challenging the free market orthodoxy with ferocious intelligence and wit. His free-flowing meditation on the gross inequalities in our society contends that we are irresponsibly fixated on the sale of goods, instead of on delivering jobs that put money into people's hands. Skewering the legacies of Thatcherism, he proposes some radically simple remedies, including restoring tariffs, investing in country towns and restricting corporate salaries. The Capitalism Delusion is vintage Ellis: exasperated, impolite and inspiring.
About the Author
Bob Ellis is the author of more than eighteen books. His most recent work is And So it Went: Night Thoughts in a Year of Change, and other recent titles include the bestselling Goodbye Jerusalem, Goodbye Babylon and First Abolish the Customer. He wrote and directed the feature films Unfinished Business and The Nostradamus Kid, and co-wrote the classic films Newsfront, Fatty Finn and Goodbye Paradise.
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– Customer review on 01/08/2010
A timely reminder and reframing of many of the points made in a much earlier Bob Ellis volume "First Abolish the Customer: 202 Arguments Against Economic Rationalism", along with significant additional material post-GFC (Global Financial Crisis).
The reader is painted a vivid picture of the more brutal nature of aspects of our democratic capitalist society - the blind pursuit greater "efficiency” and cost reduction (regardless of cost incurred to achieve this) through unending workforce reduction and outsourcing - and how this very corporate (and Government, since modern Government is run just like a corporation) imperative leads to companies literally cannibalising themselves from the inside, enriching a small few and destroying good businesses and leaving human misery in its wake.
Having presented a very stark, almost depressing, view of our current state of affairs, Mr Ellis then goes on to offer a number of eminently practical suggestions for getting Australia back on the rails towards full employment. Ellis proposes a return to a more Keynesian approach: By creating environments where fuller employment is actively aimed for and sponsored by Government, far from being driven out of business due to "high costs" Ellis hypothesises that companies will thrive through having an economy of employed persons able to purchase their goods and services.
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