ABSTRACT
This chapter looks at the idea in relation to what happens to ideas in Australia and New Zealand. It examines the development of the economic liberal paradigm from the seventeenth century and moving briefly to its modern genesis. The earliest economic liberal theorists were the economists Dudley North, Adam Smith and David Ricardo. Economic liberalism was the antithesis of the bourgeoisie to mercantilism, in a dialectical sense. New markets grew with increased English and foreign demand. Wool production signaled the beginning of capitalism, the beginning of a money economy and the very beginnings of capital's globalisation. Lobby groups, as distinct from think tanks, exist purely to pressure the state on the rightness of their corporate, or group of corporations', interest. This may require corporate lobbying or sustained advocacy on state members or politicians if the required policy-maker does not see that the corporation's interest is also the state's interest.
