The banner headline in today's The Australian introduces a story that reports and, in effect, condones a veiled threat for big business in Australia to engage in a strike of capital.
The story describes a sophisticated report commissioned by the Business Council of Australia that analyses the impact of the Rudd government's Emissions Trading Scheme on a very wide and substantial sample of 14 companies, using secret financial information from these companies, supplied to a private consultancy paid for by the BCA itself.
The strike of capital is expressed in the common way big capital does when it wants something really bad: withdraw "its" capital to another country.
Is such behaviour not economic treachery? Economic vandalism? Tony Abbot's phrase I think it was, except that it was directed against workers engaged in action to protect their entitlements from the irresponsibility of their employer.
The report reinforces frontpage "authority" with comment from The Australian's Editor at Large, Paul Kelly, who lays the very preliminary groundwork for the Australian's continued assault on the Labor government.
The BCA's objective is to make sure that big business pays far less than it share of the costs of dealing with climate change and to transfer what they avoid paying to the broader population.
Friday, August 22, 2008
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