The unfortunate fall of the Gillard government probably places Australia back on course to becoming a rentier state with the exodus of moderates from the ALP. The question therefore emerges as to whether Kevin Rudd or Malcolm Turnbull will either allow or oppose Australia succumbing to rent-seeking.

In times of crisis there is often a fine line between great leadership and inadequate leadership, which with regard to the latter can actually compound an existing disaster. Alternately, it is often out of disaster that great leadership comes to the fore because more than adequate leadership is required.

A long standing and traditional theme in literature and culture is that determination always being a virtue because it is commensurate with a positive approach to promoting the common good. This perspective negates the fact that there have been too many instances of people and leaders throughout history who have been determined to overcome all obstacles in the pursuit of their self-interest.

Due to technological innovation the world is entering a period of potentially negative creative destruction where change results in less employment being generated. The contemporary context of the Global Financial Crisis (GFC) could create a context in which negative creative destruction causes high levels of poverty and associated social crisis.

The Global Financial Crisis (GFC) raises attention regarding two differing approaches to politics. Is political leadership about centralizing power to achieve a narrow control of resources by and for self-interested elites? Alternately, should political leadership be concerned wealth creation as the basis to create and sustain a viable society? Should politics around the world in the context of the GFC take the high road or the low road?