Monopoly controls have been the exception in free societies; they have been the rule in closed societies.
Understanding capitalism is in some ways simple. At its best, capitalism rewards creators, makers and providers: the people and firms that create valuable things for others, like imaginative technologies and good food, cars and drugs.
Even many of the teenagers who feel confident on navigating the web simply don’t have the skills needed to ‘write and create’ digital tools, not simply consume them.
Societies advance through innovation every bit as much as economies do.
Adelaide is becoming a hub for higher education.
Many of the greatest composers and musicians do their best work in extreme confinement but we are seeing it in other fields – uses of technology to link people together in networks to solve problems and almost certainly we’ll get better ideas than we would from them just doing it on their own.
As with products on supermarket shelves, the public has a right to know where their financial products and services come from.
Spreading an idea is hard work.
I can think of nothing worse than a think-tank where everybody agreed.
Before the Second World War, L’Oreal in France was an active supporter of the French fascists. The cosmetic group’s founder Eugene Schueller was an active member of the ‘Cagoule’ group, committed to the violent overthrow of the Third Republic, and hosted meetings at Oreal headquarters.