ALL THAT IS SOLID MELTS INTO AIR.

The author examines the Australian economic crises of the 1930s and the 1970s and contrasts them with that of 2009. She analyzes each in terms of class conflict, finding that 21st-century sub-prime mortgages often provided the only means for working class people to access decent housing. She states that political and economic consequences of financial recessions often occur a decade later. She challenges the Australian Left to develop a strategy that works, is popular and changes institutions.