Well might you love being Australian as I do
but love hasn't much to do with it....its more
about industrial development.
Now lets look a the rising stars in industrial development post WW2:
-German manufacturing......built with Marshall Plan money dished out to what
was left of German manufacturing by an industry led German Government.
Japan: A Japanese Government that put everything into restoring Japanese Manufacturing
S/Korea: Again an industry led Government that formed the Mega Korean manufacturers
. that remain today
And China ...(Don't mention China as Basil Faulty could have said....)
China commands almost 40% of global manufacturing and trade because
of its Governments assistance to manufacturing (to compare/contrast, just look at India 1980 - 2020 !!!)
IMO the age of neo-Liberalism is dead and gone (low taxes-small Government & minimal Government
interference in the so called "Free Market" so rather than rely on a defunct ideology , we simply
have to copy others and add improvements. A consumer economy over time simply doesn't work ;
there has to be producers of wealth and IMO, because of our abundant natural resources, downstream
manufacturing/adding Aussie value is the obvious go...IMO.
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