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clock Created with Sketch. 04/01/22
11:31
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Originally posted by Fanboi:
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"Neo-Liberalism since the 1980s?" This is very arguable. I will concede one thing and that is the explosion of money supply. Once a number that was watched closely by the financial markets then became a number not even reported. Of course we know that the money supply has gone exponential and one of the reasons for low interest rates i.e. demand / supply. This has had consequences. The arrival of the technology age however is the main reason that the wealth gap has widened so much. The Ellisons..Bezos...Gates..Musk etc have become incredibly wealthy. Nevertheless the standards of living have risen also. Australians have never been better off in my lifetime and I am sure this is so in the Western World. Forget about Neo Liberalism ...SOCIALISM is the biggest threat. Yep that is the place mediocrity dwells and socialists like to see the rich torn asunder and the leaners be rewarded with unearned riches.
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every time I hear something like this mentioned I can actually feel the slimy hand of some dozy bastard reaching for my wallet. Redistribution of wealth has never and will never work .That is why socialism is such a crappy fail.
