Or abolish capitalism.
Yea, communism is the way to go bro.
I always felt like capitalism was just much too unpredictable. Mainly because every few decades we get a sharp drop in economic output and suffer. Usually not for longer.
The sharp drops happen when people go "hey, things are going pretty good, I bet they'll go even better if we remove all these protective guidelines that stop things from blowing apart in a giant clusterfuck of greed and dipshittery!" When they try, predictable results follow. Then of course you have the madmen who actively want to return to the way things were in the nineteenth century, which is notably
the textbook example of all the horrible, retarded bullshit unbridled capitalism causes.
Capitalism works for a lot of things, some important, some not so, because it's a massive chaotic system. Any small flaws or oversights will be filled in by the sheer scale and effective randomness of it, where a more orderly system would be more likely to miss something seemingly unimportant and suffer catastrophically for it in the long run. The problem is it tends to develop extremely destructive trends, based on short sighted greed, since someone corrupt can easily come into a position of power, and use their corruption to further twist things to their own advantage, to the detriment of almost everyone else. Which is why a strong central authority without a profit motive is required, to be able to stamp down the cancerous growths that would otherwise poison the entire system, and to provide for those areas where profit motive alone isn't sufficient to get the necessary action done.
Australia's ecenomy is different from yours. With out banks, even last cent is backed by the govenment, but you can't just open your own bank.
As a country, were slighty more socialist then you ultra capitalist Americans. Not much, but a bit. Seemes to save our skins when it comes to economic downturn.
I thought that culturally Australia was basically Texas: The Island of Poisonous Everything Edition.
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Topic: The economy (Read 8745 times)