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Nick Warne's avatar

I agree with your points, but perhaps not all your conclusions. It is unlikely that we are more complacent than any other groups of 25 million. What we are, is a Petri dish experiment in late-capitalistic propaganda, conducted by the Murdoch family. All the issues you enumerate can be traced back to the persuasive power of News Ltd. Kevin Rudd is focussing his energies on that, because he understands that that is how one wakes up an electorate.

To be more meta (word of the decade), all the issues - including Murdoch - can be sheeted home to late capitalism. The least successful economic structure, except for all the others. Or is it? I think totalitarian societies like Singapore and China will eventually win out, but that’s a discussion for another day.

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Tony O'Reilly's avatar

Yep fabulous piece. We are all different. My wife and I have 3 Grown up boys, we are both reaching our retirement age( fuck cant wait). We only have our suburban home which we nearly own and our super. we have no investments or a negative geared house, our investment is this home and our super, that's it. We both have worked hard, scraped and saved to pay this off luckily for us its made a ton more money than we have just by sitting here. If house prices plummet it takes our investment and what we have strived to own with it, and unfortunately while house prices stay high our boys cant afford to get into the property market and we aren't in a position to help them buy property. When we die they get everything we have amassed and it all should be worth a considerable bit more than it is today.

So what is that answer? We can thank Paul for making us have Super I suppose

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