Six months after one of my tribe's most gut-wrenching defeats there has been much discussion of why Labor lost the election. A great deal of commentary has focused on technical aspects of the campaign. But I don’t want this to be the only conversation we have because this election has laid bare some big-picture challenges.

The defining economic problem in developed economies today is wage stagnation. As the Fourth Industrial Revolution takes hold, more economic rewards are landing at the top of the labour market and with owners of capital, and not enough going to the middle and bottom.