Values-based Capitalism: What is the Aussie Treasurer planning? w/ John Humphreys - EP175

<p>Australian Treasurer Jim Chalmers argues for values-based capitalism and against neoliberalism in a January 2023 essay in the Australian Monthly magazine. In this episode, show host Gene Tunny discusses the Treasurer’s essay with Dr John Humphreys. John is the Australian Taxpayers’ Alliance (ATA) Chief Economist and the founder of the Australian Liberal Democrats. Gene and John discuss just how literally we should take the Treasurer, the risks of the so-called co-investment approach, and whether the Treasurer is arguing for socialism (or a different -ism).      </p><p>This episode features audio from an ATA Econ Chat livestream broadcast on 31 January 23. You can watch the whole thing here:</p><p><a href="https://www.facebook.com/AusTaxpayers/videos/509950911277607">https://www.facebook.com/AusTaxpayers/videos/509950911277607</a></p><p>You can follow the ATA on various platforms including <a href="https://www.facebook.com/AusTaxpayers/">Facebook</a> and <a href="https://www.youtube.com/@AusTaxpayers">YouTube</a>.</p><p>You can follow John Humphreys on <a href="https://twitter.com/johnhumphreys99">Twitter</a>.</p><p>Please get in touch with any questions, comments and suggestions by emailing us at <a href="mailto:contact@economicsexplored.com">contact@economicsexplored.com</a> or sending a voice message via <a href="https://www.speakpipe.com/economicsexplored">https://www.speakpipe.com/economicsexplored</a>. </p><h3>What’s covered in EP175</h3><ul><li>Jim Chalmers’ idea of co-investing with the private sector [4:21]</li><li>Regarding superannuation funds increasingly having social goals that they aim to meet as well as financial goals [9:12]</li><li>The Australian stage 3 tax cuts and values-based capitalism: are they compatible?  [12:37]</li><li>ESG, stakeholder capitalism, and socialism [15:24]</li><li>How does the Treasurer intend to direct investment? [23:28]</li><li>How a poor government policy can lead to another poor government policy [27:31]</li><li>The social impact investment bank expected in the 2023