Saturday, 31 August 2024

Bruce Highway closed, residents allowed to return after evacuation from near ammonium nitrate tanker explosion.

The Bruce Highway is closed after an ammonium nitrate tanker explosion. (Supplied: Queensland Police Service)

In short:

Residents living near the scene of a head-on crash on the Bruce Highway are allowed to return home after they were earlier evacuated.

It is the third major crash on the central Queensland highway this week.

What's next?

Road closures are in place, and the train service between Bororen and Iveragh has seen buses organised for affected customers.

Residents of a small central Queensland town have been able to return home after they were earlier evacuated following a fiery truck crash on the Bruce Highway spilled ammonium nitrate on the road triggering an explosion. 

Police said 49 residents self-evacuated and a 2.5-kilometre exclusion zone was put in place at Bororen, north of Miriam Vale, this morning.

It was revoked at 5:20pm.

Capricornia District Officer Acting Superintendent Mark Burgess said emergency services remained at the scene of the head-on collision between a B-double tanker and a ute, which happened just after 5am.

The driver of the ute died, while the truck driver is in a stable condition in Bundaberg hospital. 

The tanker was carrying 42 tonnes of ammonium nitrate, which triggered an explosion. 

Smoke billowing behind some trees on the Bruce Highway after a fiery truck crash.

Smoke can be seen billowing on the Bruce Highway after a fiery truck crash. (Supplied: Queensland Police Service)

"Just after 9:40am, a blast was heard and felt and there was a visible large cloud of smoke," Superintendent Burgess said. 

"Emergency services were able to review the scene by use of a drone that indicated several spot fires along the rail corridor."

He said the blast radius was about 500 metres. 

No people or personal property have been damaged in the explosion, although some powerlines are down and there are spot fires along the rail corridor. 

Queensland Fire and Rescue said scientific testing, including atmospheric assessment, was underway.

Ambulances, and several fire trucks on a road

The Bruce Highway is closed in both directions at Bororen.  (Supplied: Queensland Ambulance Service)

Support for stranded travellers

Miriam Vale resident Lee Pennell said she heard the explosion. 

"There was a huge explosion," she said.

"I live 14 kilometres south of Miriam Vale and our house shook from that explosion."

She said the the caravan parking area in Miriam Vale was starting to fill up and the local CWA had opened a hall in town to help stranded travellers.

Gladstone Council said it was working with emergency services, the SES and Transport and Main Roads to redirect traffic.

Road closures are in place on the highway at the north end of Tannum Sands Road and the south end of Blackmans Gap Road.

"Gladstone Regional Council will prepare the Miriam Vale Community Centre as a place of refuge if required," the council stated.

A Queensland Rail spokesperson said its train service between Bororen and Iveragh was impacted and buses will be organised for affected customers.

A map of an exclusion zone set up on the Bruce Highway.

Police had set up an exclusion zone around the scene of the explosion on Bruce Highway. (Supplied: Queensland Police Service)

Highway to remain closed for 'extended period'

The Bruce Highway is a 1,679-kilometre critical link along Queensland's east coast from Brisbane to Cairns.

Queensland Ambulance Service acting senior operations supervisor, John Hodson-Gilmore, said the highway will likely be closed for an extended period because of the explosion.

"The Queensland fire department, under the guidance of Queensland Police aerial footage, had decided not to approach the scene," Mr Hodson-Gilmore said in a statement.

"Approximately 15 minutes later … the smaller tanker full of product had actually exploded."

He said the explosion possibly damaged parts of the highway.

"There is significant debris across the highway."

Police cars blocking the road with civilian cars banked up

The Bruce Highway is closed in the region for the third time this week.  (Supplied: Queensland Ambulance Service)

Third crash in a week

It is the third serious crash involving trucks on the Bruce Highway in the same region this week.

One person died in a five-truck pile-up at Gindoran on Tuesday that closed the highway for almost 24 hours.

On Thursday, a man in his 20s was injured in a truck rollover at Colosseum near Miriam Vale, prompting politicians and trucking industry bodies to call for major upgrades and investments into the highway.

At a press conference today, Premier Steven Miles denied claims funding for the highway had stalled.

"We have $6 billion allocated to projects on the Bruce at the moment, I don't think you can characterise that as stalled," he said.

"Some industry commentators would say that's more than our construction industry can currently sustain so we are investing a lot."

President Zelenskyy fires Ukrainian air force commander after NATO-donated F-16 jet crashes and kills top fighter pilot.

 Extract from ABC News


Two fighter jets flying together.

The jets are equipped with a 20mm cannon and can carry bombs, rockets and missiles. (Reuters: Valentyn Ogirenko)

In short:

Ukraine's air force commander has been dismissed after an F-16 fighter jet crashed, killing pilot Oleksii "Moonfish" Mes.

He was repelling a Russian missile attack when his aircraft crashed, the first reported loss of one of the US-made planes since they were delivered to Ukraine. 

What's next?

The General Staff of the Ukranian Armed Forces said a special commission had been established to investigate the cause of the accident. 

The commander of Ukraine's air force has been sacked a day after the military reported one of its top fighter pilots died repelling a Russian missile attack. 

President Volodymyr Zelenskyy dismissed Lieutenant General Mykola Oleshchuk on Friday without giving a reason, but said there was a need to strengthen the army at the command level. 

"I have decided to replace the commander of the air forces … I am eternally grateful to all our military pilots," he said in an address shortly after the dismissal order was posted on the presidential website.

"We need to protect people. Protect personnel. Take care of all our soldiers."

Ukraine's General Staff said Lieutenant General Anatoliy Kryvonozhka would temporarily perform the duties of air force commander.

A man standing in front of a fighter jet

President Volodymyr Zelenskyy did not give a reason for his decision to replace the commander of Ukraine's air force. ( Reuters: Valentyn Ogirenko)

It comes after pilot Oleksii "Moonfish" Mes was killed after the NATO-donated F-16 he was in crashed on Monday.

Mr Mus's death was the first reported loss of one of the aircraft since the US-made planes were delivered to Ukraine at the end of July.

The Ukranian military said he shot down three cruise missiles and one strike UAV before he was killed in the crash, but did not provide a reason for how the jet came down.

A US defence official told Reuters the crash did not appear to be the result of Russian fire, and possible causes from pilot error to mechanical failure were still being investigated.

Previously, Ukraine's now-sacked air force chief Mykola Oleshchuk said on Telegram that partners from the United States, where the F-16 is manufactured, were assisting with the investigation.

The Ukrainian Air Force paid tribute to the fallen airman and said he "heroically fought his last battle in the skies".

He and a fellow Ukrainian pilot, Andrii "Juice" Pilshchykov, made an early, public visit to the US in June 2022 to press politicians to send F-16 fighter jets to Ukraine. 

They both continued to serve as public faces for Ukraine's battle to secure its airspace amid Russia's invasion.

Juice was killed in an August 2023 accident.

"When I met with Ukraine pilots Juice and Moonfish I had a sick feeling they wouldn't make it through the war," former US congressman Adam Kingzinger posted on X.

"They fought like hell for Ukraine, and the F16."

The General Staff of the Ukranian Armed Forces said a special commission had been established to investigate the cause of the accident. 

"During the air battle, the F-16 aircraft demonstrated their high effectiveness, four cruise missiles were shot down by their onboard weapons," it said.

"At the time of approach, communication with one of the aircraft was lost. As it became known later, the plane became aware of the disaster, and the pilot took off.

"To find out the causes of the accident, a special commission has been established, which works in the area of ​​the plane's fall."

Earlier this month, Mr Zelenskyy confirmed the F-16s had started flying for operations within his country more than 29 months after Russia's invasion. 

"F-16s are in Ukraine. We did it. I am proud of our guys who are mastering these jets and have already started using them for our country," he said.

Ukraine had long lobbied for the use of the F-16s and Kyiv had hosted hundreds of meetings to obtain the fighter jets, which are equipped with a 20-millimetre cannon and can carry bombs, rockets and missiles.

In August 2023, US President Joe Biden granted authorisation for the US-built warplanes to be sent to Ukraine.

That came after months of pressure from Kyiv and internal debate in Washington, where officials feared the move could escalate tensions with the Kremlin.

Belgium, Denmark, the Netherlands and Norway — all NATO members — have committed to providing Ukraine with more than 60 of the planes.

That number is dwarfed by the Russian jet fighter fleet, which is about 10 times larger.

ABC/wires

Israeli police kill top Hamas commander near Jenin as West Bank assault enters third day.

 Extract from ABC News

A group of young Palestinian men stand in a street next to the burnt-out wreckage of a car.

Villagers in Zababdeh, just outside Jenin, inspect the burnt-out car in which Wassem Hazem was killed on Friday. (Reuters: Raneen Sawafta)

In short:

Israeli police in the occupied West Bank killed Wassem Hazem, who the IDF said was the commander of Hamas in Jenin.

Hamas confirmed Hazem's death, as well as the deaths of two other fighters who were travelling with him in a car.

What's next?

Israel is continuing its assault on the West Bank, sending hundreds of troops and police officers into the occupied territory while fighting still rages in Gaza.

Israeli forces killed a local Hamas commander in the flashpoint city of Jenin on Friday as they pressed a major operation in the occupied West Bank for a third day, the Israeli military said.

WARNING: This article contains footage some viewers may find disturbing.

The Israel Defense Forces (IDF) said the Israel Border Police had killed Wassem Hazem, who they said was the head of Hamas in Jenin and was involved in shooting and bombing attacks in the Palestinian territory.

Two other Hamas gunmen who tried to escape the car they were all travelling in were killed by a drone, the IDF said, adding that weapons, explosives and large sums of cash were found in the vehicle.

Hamas confirmed the death of all three men, who it said were members of its Al-Qassam Brigades armed wing.

In the village of Zababdeh, just outside Jenin, a burnt-out car riddled with bullet holes stood against a wall where the driver crashed the vehicle after being pursued by an Israeli special forces unit, according to residents.

Villager Saif Ghannam, 25, said one of the two other men who escaped from the vehicle was killed just outside his house by a small drone strike that shattered nearby windows, while a second man was killed a short distance away.

Mr Ghannam said Israeli forces had removed the bodies, but large pools of blood remained on the ground where he said the men were killed.

A Palestinian man looks out of a broken window while others look at a streak of blood on the ground below.

Israeli forces removed the bodies following the attack, but pools of blood remained on the ground near where residents said two of the men were killed. (Reuters: Raneen Sawafta)

The announcement came as Israeli forces continued a large-scale operation involving hundreds of troops and police officers that was launched in the early hours of Wednesday morning in Jenin and Tulkarm, another volatile city in the northern West Bank, as well as the Jordan Valley.

Israeli armoured personnel carriers backed by helicopters and drones pushed into Jenin and Tulkarm on Friday, while armoured bulldozers ploughed up roads in what the IDF said was an effort to destroy roadside bombs planted by Palestinian militant groups.

A top Islamic Jihad commander was also killed inside a mosque on Thursday.

Hostilities have escalated in the West Bank while fighting between the IDF and Hamas still rages in the Gaza Strip, nearly 11 months after Israel invaded the territory in response to the October 7 terrorist attacks.

Clashes between Israeli forces and the Iranian-backed Hezbollah movement in Lebanon have also intensified in recent months.

At least 19 Palestinians were killed in the first two days of the West Bank operation, including the local commander of the Iranian-backed Islamic Jihad forces in Tulkarm, according to Israeli and Palestinian authorities.

The deaths have brought the total number of Palestinians killed in the West Bank since last October — both combatants and civilians — to more than 660, according to the UN's humanitarian office, some by Israeli troops and some by Jewish settlers who have carried out frequent attacks on West Bank Palestinian communities.

Israel says Iran provides weapons and support to militant factions in the West Bank — which has been under Israeli occupation since the 1967 Six-Day War — and the IDF has as a result cranked up its operations there.

The British government said on Friday it was "deeply concerned" by Israel's operation in the West Bank and said there was an urgent need for de-escalation.

"We recognise Israel's need to defend itself against security threats, but we are deeply worried by the methods Israel has employed and by reports of civilian casualties and the destruction of civilian infrastructure," a Foreign Office statement said.

The spokesperson added the UK "strongly condemns settler violence", and that it was in no-one's interest for further conflict and instability to spread in the West Bank.

The Israeli military has launched a series of large raids in the West Bank over the past three days.

IDF shot UN vehicle due to 'communication error'

Earlier, Israel told the United States that an initial review found that shots were fired at a UN World Food Programme (WFP) vehicle in the Gaza Strip after a "communication error" between Israeli military units, a senior US diplomat said on Thursday.

"We have urged them to immediately rectify the issues within their system," America's deputy UN ambassador Robert Wood told a UN Security Council meeting on Gaza.

"Israel must not only take ownership for its mistakes, but also take concrete actions to ensure the IDF does not fire on UN personnel again."

The WFP temporarily suspended movement of its employees across Gaza on Wednesday, saying at least 10 bullets struck one of its clearly marked vehicles as it approached an Israeli military checkpoint.

WFP said in a statement that a convoy of two armoured vehicles received "multiple clearances by Israeli authorities to approach" the Wadi Gaza bridge checkpoint on Tuesday evening. Bullets hit one of the vehicles, but no one in it was hurt.

ABC/Wires

Friday, 30 August 2024

Three separate pauses in hostilities announced for polio vaccination campaign in Gaza as Israel and Hamas agree to terms.

Extract from ABC News

A small boy with tears in his eyes is held by his mother as a doctor works at a desk behind him

Around 640,000 Palestinian children will be vaccinated against polio during planned pauses in fighting between Israel and Hamas. (Reuters: Ramadan Abed)

In short:

The Israeli military and Hamas have agreed to three separate three-day halts in fighting in the Gaza Strip so thousands of children can be vaccinated against polio. 

The virus was detected in the territory earlier this month for the first time in 25 years, with a 10-month-old baby paralysed.

What's next?

The vaccination campaign and pauses in fighting will start in central Gaza, followed by the south then the north.

The Israeli military and Palestinian militant group Hamas have agreed to three separate, zoned three-day pauses in fighting in the Gaza Strip to allow for the vaccination of some 640,000 children against polio, a senior WHO official said on Thursday.

The vaccination campaign is due to start on Sunday, said Rik Peeperkorn, the World Health Organization's senior official for the Palestinian territories. 

He said the agreement was for the pauses to take place between 6am and 3pm local time.

He said the campaign would start in central Gaza with a three-day pause in fighting, then move to southern Gaza, where there would be another three-day pause, followed by northern Gaza. 

Mr Peeperkorn added that there was an agreement to extend the humanitarian pause in each zone to a fourth day if needed.

The WHO confirmed on August 23 that at least one baby has been paralysed by the type 2 polio virus, the first such case in the territory in 25 years. 

The UN Security Council will meet later on Thursday on the humanitarian situation in Gaza.

"We are ready to cooperate with international organisations to secure this campaign, serving and protecting more than 650,000 Palestinian children in the Gaza Strip," Hamas official Basem Naim told Reuters.

Perth doctor Mohammed Mustafa on working as a medic in Gaza (ABC News Breakfast)

The Israeli military's humanitarian unit (COGAT) said on Wednesday that the vaccination campaign would be conducted in coordination with the Israeli military "as part of the routine humanitarian pauses that will allow the population to reach the medical centres where the vaccinations will be administered."

The latest bloodshed in the decades-old Israeli-Palestinian conflict was triggered on October 7 when Palestinian Islamist group Hamas attacked Israel, killing 1,200 and taking about 250 hostages, according to Israeli tallies.

Israel's subsequent invasion of the Palestinian territory has since killed more than 40,000 Palestinians, according to the local health ministry, while also displacing nearly the entire population of 2.3 million.

Reuters

Thursday, 29 August 2024

Nine Palestinians killed in Israeli raids and strikes on West Bank, humanitarian workers say.

 Extract from ABC News

A soldier holding a big gun runs across a sandy road in front of an armoured vehicle.

The IDF said it was carrying out an "operation to thwart terrorism in Jenin and Tulkarm". (AFP: Jaafar Ashtiyeh)

In short:

At least nine Palestinians have been killed in Israeli raids and strikes on several towns in the north of the occupied West Bank, according to the humanitarian organisation Red Crescent.

The Israeli army said it was carrying out an "operation to thwart terrorism in Jenin and Tulkarm" in the northern West Bank.

What's next?

The attack comes as ceasefire negotiations are expected in Qatar this week.

At least nine Palestinians have been killed in Israeli raids and strikes on several towns in the north of the occupied West Bank, a Red Crescent spokesperson said.

The number was revised after a spokesperson reported 10 people were killed in three locations.

The assault is one of the largest seen in the West Bank in months.

The spokesperson added that 15 others had been wounded.

Palestinian health officials said at least nine people had been killed. Other media reports put the death toll at 11.

IDF declines to say how long operation will last

Early on Wednesday, the Israeli army said it was carrying out an "operation to thwart terrorism in Jenin and Tulkarm" in the northern West Bank.

It later posted on X that it had killed nine people in the operation, claiming those killed were militants.

Military spokesman Nadav Shoshani also told reporters no Israeli soldiers were harmed during the operation, but declined to say how long it would last or how many troops were involved.

The operation targeted "a mixture of terror groups and terror cells" after the West Bank saw "a significant rise in terror activity in the past year", Mr Shoshani said.

In Jenin, Israeli forces "apprehended five wanted suspects and located and confiscated weapons" including rifle parts and ammunition, he said.

"We have met explosives already in the first hours, and we have met real-time fire exchanged with terrorists engaging in battle," he said.

"Additionally, the forces exposed and dismantled explosives that were planted under the roads in the area and were intended to be detonated in attacks against the security forces operating in the area."

Three armoured vehicles on a road.

The governor of Jenin said Israeli forces surrounded the city and blocked hospital access. (AP: Majdi Mohammed)

Foreign Minster Israel Katz added on X that the military was "operating in full force since last night" in a bid to "dismantle Iranian-Islamic terror infrastructure".

He accused Iran of seeking to "establish an eastern front against Israel".

"We must address this threat with the same determination used against terror infrastructures in Gaza, including temporary evacuation of residents and any necessary measures," he said.

"This is a war, and we must win it."

Hospital access points blocked during raids

By midday local time, the city of Jenin was relatively quiet but in the crowded refugee camp — a heavily built up township adjacent to the main urban area — occasional explosions could be heard.

An armoured truck in front of an ambulance, with two people in paramedic uniforms standing outside it.

The IDF said its decision to block hospital access points was aimed at preventing militants from seeking refuge. (AP: Majdi Mohammed)

Masoud Naaja, the father of two young men killed in a strike, said he was giving water to some men who asked for a drink when he was wounded.

"In seconds, very fast, we felt like something came down on us from the sky and there was an explosion," he said. 

"When I put my hand on my chest, it was full of shrapnel and blood."

Governor Kamal Abu al-Rub of Jenin said on Palestinian radio that Israeli forces had surrounded the city, blocked exit and entry points and access to hospitals and ripped up infrastructure in the camp.

The Israeli military said the move was intended to prevent militants from seeking refuge.

The Palestinian Health Ministry said the bodies of seven people were brought to the hospital in Tubas, another West Bank city, and another two were brought to the hospital in Jenin. 

The ministry identified two killed in Jenin as Qassam Jabarin, 25, and Asem Balout, 39.

Palestinian President Mahmud Abbas cut short a visit to Saudi Arabia and headed home to "follow up on the latest developments in light of the Israeli aggression on the northern West Bank", Palestinian official media said.

Israel attempting to annex West Bank, militants say

A bulldozer on a road covered in debris.

The governor of Jenin said Israeli forces ripped up infrastructure in the camp. (AFP: Jaafar Ashtiyeh)

The operation comes two days after Israel said it carried out an air strike on the West Bank that the Palestinian Authority reported killed five people.

The armed wings of Hamas, Islamic Jihad and Fatah said in separate statements their gunmen were detonating bombs against Israeli military vehicles as they fight Israeli forces in the three West Bank areas.

"With this aggression, which aims to transfer the weight of the conflict to the occupied West Bank, the occupier wants to impose a new state of affairs on the ground to annex the West Bank," read a Wednesday statement from Islamic Jihad.

It added its fighters were using machine guns in close range combat with Israeli troops and targeting military bulldozers with explosives.

Violence in the West Bank has surged alongside the war in Gaza, with more than 640 Palestinians in the territory killed by Israeli troops and settlers since Hamas's October 7 terrorist attack, according to an AFP tally based on Palestinian health ministry figures.

At least 19 Israelis have been killed in Palestinian attacks during the same period, according to Israeli officials.

During the October 2023 terrorist attack, Hamas militants killed 1,200 people and took more than 250 hostages, according to Israeli figures. 

The militants are still holding some 110 hostages, around a third of whom are believed to be dead, after most of the rest were released during a November cease-fire.

Israel's Gaza campaign has since levelled swathes of the enclave, displaced nearly all its 2.3 million people multiple times, given rise to deadly hunger and disease and killed more than 40,400 people, Palestinian health officials say.

Internationally mediated talks to end the conflict continue, with Hamas and Israel trading blame for a lack of progress and the United States expressing optimism that a ceasefire can be reached.

There was no sign of a breakthrough after days of talks in Egypt, and the negotiations move to Qatar this week.

ABC/Wires

Wednesday, 28 August 2024

Savage capitalism is back – and it will not tame itself.

 Extract from The Guardian

Occupy Wall Street Protest Enters 4th Week
Occupy Wall Street protesters in New York's Times Square. ‘A miserly 1% are presiding over a social order marked by increasing social, economic and even technological stagnation.’ Photograph: Mario Tama/Getty Images

Capitalists spread prosperity only when threatened by global rivalry, radical movements and the risk of uprisings at home

Back in the 90s, I used to get into arguments with Russian friends about capitalism. This was a time when most young eastern European intellectuals were avidly embracing everything associated with that particular economic system, even as the proletarian masses of their countries remained deeply suspicious. Whenever I'd remark on some criminal excess of the oligarchs and crooked politicians who were privatising their countries into their own pockets, they would simply shrug.

"If you look at America, there were all sorts of scams like that back in the 19th century with railroads and the like," I remember one cheerful, bespectacled Russian twentysomething explaining to me. "We are still in the savage stage. It always takes a generation or two for capitalism to civilise itself."

"And you actually think capitalism will do that all by itself?"

"Look at history! In America you had your robber barons, then – 50 years later – the New Deal. In Europe, you had the social welfare state … "

"But, Sergei," I protested (I forget his actual name), "that didn't happen because capitalists just decided to be nice. That happened because they were all afraid of you."

He seemed touched by my naivety.

At that time, there was a series of assumptions everybody had to accept in order even to be allowed to enter serious public debate. They were presented like a series of self-evident equations. "The market" was equivalent to capitalism. Capitalism meant exorbitant wealth at the top, but it also meant rapid technological progress and economic growth. Growth meant increased prosperity and the rise of a middle class. The rise of a prosperous middle class, in turn, would always ultimately equal stable democratic governance. A generation later, we have learned that not one of these assumptions can any longer be assumed to be correct.

The real importance of Thomas Piketty's blockbuster, Capital in the 21st Century, is that it demonstrates, in excruciating detail (and this remains true despite some predictable petty squabbling) that, in the case of at least one core equation, the numbers simply don't add up. Capitalism does not contain an inherent tendency to civilise itself. Left to its own devices, it can be expected to create rates of return on investment so much higher than overall rates of economic growth that the only possible result will be to transfer more and more wealth into the hands of a hereditary elite of investors, to the comparative impoverishment of everybody else.

In other words, what happened in western Europe and North America between roughly 1917 and 1975 – when capitalism did indeed create high growth and lower inequality – was something of a historical anomaly. There is a growing realisation among economic historians that this was indeed the case. There are many theories as to why. Adair Turner, former chairman of the Financial Services Authority, suggests it was the particular nature of mid-century industrial technology that allowed both high growth rates and a mass trade union movement. Piketty himself points to the destruction of capital during the world wars, and the high rates of taxation and regulation that war mobilisation allowed. Others have different explanations.

No doubt many factors were involved, but almost everyone seems to be ignoring the most obvious. The period when capitalism seemed capable of providing broad and spreading prosperity was also, precisely, the period when capitalists felt they were not the only game in town: when they faced a global rival in the Soviet bloc, revolutionary anti-capitalist movements from Uruguay to China, and at least the possibility of workers' uprisings at home. In other words, rather than high rates of growth allowing greater wealth for capitalists to spread around, the fact that capitalists felt the need to buy off at least some portion of the working classes placed more money in ordinary people's hands, creating increasing consumer demand that was itself largely responsible for the remarkable rates of economic growth that marked capitalism's "golden age".

Since the 1970s, as any significant political threat has receded, things have gone back to their normal state: that is, to savage inequalities, with a miserly 1% presiding over a social order marked by increasing social, economic and even technological stagnation. It was precisely the fact that people such as my Russian friend believed capitalism would inevitably civilise itself that guaranteed it no longer had to do so.

Piketty, in contrast, begins his book by denouncing "the lazy rhetoric of anti-capitalism". He has nothing against capitalism itself – or even, for that matter, inequality. He just wishes to provide a check on capitalism's tendency to create a useless class of parasitical rentiers. As a result, he argues that the left should focus on electing governments dedicated to creating international mechanisms to tax and regulate concentrated wealth. Some of his suggestions – an 80% income tax! – may seem radical, but we are still talking about a man who, having demonstrated capitalism is a gigantic vacuum cleaner sucking wealth into the hands of a tiny elite, insists that we do not simply unplug the machine, but try to build a slightly smaller vacuum cleaner sucking in the opposite direction.

What's more, he doesn't seem to understand that it doesn't matter how many books he sells, or summits he holds with financial luminaries or members of the policy elite, the sheer fact that in 2014 a left-leaning French intellectual can safely declare that he does not want to overthrow the capitalist system but only to save it from itself is the reason such reforms will never happen. The 1% are not about to expropriate themselves, even if asked nicely. And they have spent the past 30 years creating a lock on media and politics to ensure no one will do so through electoral means.

Since no one in their right mind would wish to revive anything like the Soviet Union, we are not going to see anything like the mid-century social democracy created to combat it either. If we want an alternative to stagnation, impoverishment and ecological devastation, we're just going to have to figure out a way to unplug the machine and start again.