The Monthly

Wayne Swan has discovered his voice. After telling us in no uncertain terms what he really thought of Kevin Rudd the week before last. Now Swannie has set his sights on our mining magnates.

Wealth creators or wealth hoarders? Illustration: Jonathan Bentley

In an essay in The Monthly, and in a speech due at lunch time today to the National Press Club, the Treasurer makes the argument that democracy is under threat from vested interests - and takes aim in particular at Clive Palmer, Twiggy Forrest and Gina Rinehart.

But his argument is not just limited to those who make their millions by digging things out of the ground. Swan is worried about our middle-class society being under “mortal threat”, essentially since the “Reagan-Thatcher revolutions”.

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  • Matt C says:

    01:52pm | 08/03/12

    How can we enjoy the fruits of labor when it is the ultimate aim of big business and the liberals to reduce wages across the board whilst increasing productivity. All you liberal lovers need to wipe the fog off your glasses and smell the rain. You’re all Tony Abbott clones,… Read more »

  • Bob Smith says:

    02:53pm | 07/03/12

    Louise, while you have no difficulty locating the ‘divisiveness’ and ‘incivility’ in Wayne Swan mentioning that there is a problem, you seem strangely blind to the inherent ‘divisiveness’ and ‘incivility’ in a tiny group of unrepresentative ultra-rich people buying up swathes of our media in order to push their own… Read more »

 

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