Australian Left Review


There is a story about in Left-of-centre politics which goes something like this. In the 1980s public policy was dominated by the set of ideas conventionally summed up in shorthand fashion as 'economic rationalism'—meaning, variously, a belief in the superior allocative skills of 'free' markets over governments, or an irrational prejudice in favour of the private as against the public sector or, again, a belief in the need for government spending to be continually curtailed. As a result the public sector, in relative terms, contracted, welfare became more closely targeted, and public infrastructure ran down.



To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.