Its my Friday lay day blog and today it comes from a dark London (given the hour). At present, there is an event going on in Australia that sums up what is wrong with our conception of the economy. The right-wing News Limited press and the conservative Fairfax financial newspaper along with a management consulting firm that has had its snout in the privatisation trough around the world (and given my location – was one of the ‘approved suppliers’ of support services as the British government moves to privatise the National Health Service) have organised what they call the ‘National Reform Summit 2015’. It brings together big business, the co-opted trade union movement and welfare agencies, academics who propagate neo-liberal fiscal myths, and government officials who are intent on pushing more deregulation and reduced government involvement in the economy. It beggars belief that this stuff can pass muster. But it is no surprise, given that the right-wing media is organising the show and can make money by pumping out ridiculous headlines that it knows will scare but the content will not be understood by the average reader. So as the neo-liberal Groupthink is not challenged publicly at the Summit, the organisers have carefully screened the invited participants to sing from the same hymn sheet. The cartoon that follows says it all really.