Behind the budget

While selected articles are available in full on this website, all Arena Quarterly, Arena Magazine and Arena Journal articles are available for to view in PDF format via Informit. You can purchase the article, or access Informit for free via a public library account, such as the State Library of Victoria. We get a small amount of money from Informit for you accessing the article in this way, so get a bit of material support too.

Abstract:

The Abbott/Hockey budget has been pulled apart and submitted to intensive commentary. In this article, I will not detail the unfairness or savagery of it. But I do want to oppose the view implicit in much of the commentary on the budget that there is no real problem, certainly no emergency that might justify it; as if, with a different budget, life could simply go on as it is; as if there are no basic social or economic problems we must face up to. While I do not support Abbott’s sense of emergency, surely completely and crudely class-based (related to what Galbraith called the horse and sparrow theory: ‘feed the horse enough oats, some will pass through to the road for the sparrows’), a deep level of crisis is something that must be taken seriously, as many people have since the Global Financial Crisis. While it can be argued that Abbott is fabricating fear, many people are also genuinely fearful about the future.

Details / PDF:

The full-text PDF of this article can be downloaded from Informit. You can purchase the article, or access Informit for free via a public library account, such as the State Library of Victoria.

Support Arena

Independent publications and critical thought are more important than ever. Arena has never relied on or received government funding. It has sustained its activities largely through the voluntary work and funding provided by editors and supporters. If Arena is to continue and to expand its readership, we need your support to do it.