If communist China can wake up...

[IQS.RLOW]

...why can't the ALP?

Even the great communist state thinks the ALP are backwards thinkers

http://www.nytimes.com/2013/05/25/busin ... 0525&_r=2&

China Plans to Reduce the State’s Role in the Economy
SHANGHAI — The Chinese government is planning for private businesses and market forces to play a larger role in its economy, in a major policy shift intended to improve living conditions for the middle class and to make China an even stronger competitor on the global stage.

China’s leaders, including a group of pro-market bureaucrats who seem to have gained in the leadership shuffle this year, seem to think that more government spending could worsen economic conditions and that the private sector needs to step in.

Mr. Li, the prime minister, said, “If we place excessive reliance on government steering and policy leverage to stimulate growth, that will be difficult to sustain and could even produce new problems and risks.”

“The market is the creator of social wealth and the wellspring of self-sustaining economic development,” he said.