David Hilmer Rex

…. And while tax incentives (and cuts) might increase profits, they often don’t increase investment. Mission oriented policies can, if designed appropriately, catalyse expectations about new opportunities and in so doing catalyse cross sectoral investments which can also better balance economies that are often too skewed in particular areas. They can create more ‘additionality’ — making investments happen that would not have otherwise.

Perhaps the challenge has never been capitalism or communism but something more fundamental - the very nature of the organisation of society. You could argue we have over the last 200 years been on a systematic transformation of society from being intrinsically driven to extrinsically organised. This was a very structured transformation from the rise of transferrable of property rights, to the…