Labor and Globalisation: From Keating to Latham

Abstract

This paper documents the Federal Parliamentary Labor Party's (FPLP) approach to globalisation under four different leaders, starting with Paul Keating in the early 1990s, and ending at the early stages of Mark Latham's leadership in 2004. It argues that, despite some notable differences, there was a considerable degree of consistency in Labor attitudes to globalisation under successive party leaders: globalisation was seen as inevitable, irreversible, as beneficial for the majority of the population, and as destructive to states' capacity to intervene in the economy. The paper suggests that a number of factors explain Labor's continued support for globalisation in the face of growing public discontent, including the pressures of international institutions such as the World Trade Organisation (WTO) and big business, ideological factors, and comparatively low levels of economic growth, both in Australia and internationally.