Kevin Rudd's vigorous attack upon "extreme capitalism" revealed he does not understand the nature of the current crisis. This is not a meltdown caused purely and simply by rogue traders, bizarre mortgage lending, gross corporate salaries and payouts and, in general, the politics of greed. All those are symptoms of a much more systemic disease. That disease is the ideology of privatisation and deregulation, an ideology Mr Rudd has shown no inclination to buck. This Government's embrace of neo-liberal ideology and practice is highlighted by its school funding policy and also its market-driven approach to schooling policy.
Available at: http://works.bepress.com/aashbolt/45/