Alternative to capitalism and communism? (letter)by John G. Keegan AMNews Weekly
, February 2, 2008
Joseph Poprzeczny's review of Allan C. Carson's interesting book, Third Ways: Family-centred economies and why they disappeared
(see News Weekly
, December 22, 2007), left me with the impression that the quest for a feasible alternative to "freewheeling capitalism and collective communism" had now become an almost hopeless cause.
Yet populations such as Australia's present generation have never been in greater need than now to develop a counter to huge globalised multinational corporations.
With their access to vast capital they are rapidly destroying the few tattered remnants of our once diverse, locally-owned manufacturing and agricultural industries.
Surely our industry leaders and some politicians can uncover a fresh approach to "distributism" (a very difficult title) that would lead our country back from the doomsday of ever-increasing foreign debt and ever-declining employment in genuinely productive industry.
Perhaps part of the solution can be found through tax concessions to local cooperatives in both manufacturing and rural industries.
I hope to read further and more hopeful articles on this topic in News Weekly
It is notable that neither contender in the recent federal election offered meaningful plans for reinvigorating our stagnant industry.John G. Keegan AM,
Mont Albert, Vic.