The government has baulked at a desperately needed and once-in-a-generation chance to structurally change the Australian economy to make it more sustainable, greener and fairer.
With the death of Margaret Thatcher we might reflect that we certainly need political leadership in a new key after the debacles unleashed by the leaders of the 1980s.
The current economic crisis will not have been in vain if the world is reminded that grassroots initiative can triumph even over seemingly overwhelming adversity writes Race Mathews
John Hinkson: The financial fallout of the attack has laid bare the risky and crisis-ridden nature of a hi-tech society. The aftershocks will echo through every sector of the economy.