Given the LNP’s approach “do nothing” privatise the market Chalmers can’t be all wrong if we judge the LNP did a fantastic job these past 10 years for the country. Nope Nope Nope brought them to government, through government and still echoes in opposition. Abbott never really left the LNP or the Monkey Pod Room. However isn’t Value Based Capitalism a partnership that has never really worked?

Thus, instead of the neo-liberal model that relies purely on market prices to determine the allocation of resources, with no interference by the state, Chalmers argues persuasively that his “values-based capitalism”, based on “well-designed and well-informed markets, can “facilitate flows of capital into priority areas, and ultimately make progress on our collective problems and purpose.”

Source: Jim Chalmers manifesto in favour of values-based capitalism – Pearls and Irritations