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Everything old is new again

July 27th, 2002

Gareth Parker detects a timewarp, saying, “I INCREASINGLY feel that Robert Corr was born three or four decades too late.”
But it’s becoming more and more obvious that the ideas that have dominated the last three decades or so have run out of steam. For example, it will be a great many years before anybody can use a phrase like “market discipline” with a straight face. I don’t suppose that the replacement for market liberalism will be a direct return to the social-democratic and socialist ideas that dominated policy from World War Ii to the 1970s, but it will be more like them than like the 1980s ideology that is still driving John Howard.

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