this post was submitted on 08 Feb 2025
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I agree through the lens of unfetted capitalism, but, with adequate regulation, I don't think this is a necessary outcome. Although, perhaps "unfetted capitalism" isn't capitalism?
I think capitalism with a healthy mix of socialism can benefit quite a lot of people. I'm never going to say Australia is perfect, we have spineless government officials that work against our interests to help rich fucks and a considerable problem with how the original owners of our country are still treated, but I like to use my country as an example cos Americans like to hate on Europe for being too different.
I get charged $30 to see a doctor (this could be considered expensive and our government is aiming to fix this, and there are places you can go for free) thanks to taxes. People actually get health insurance claims paid out because we have laws and oversight of the insurance companies.
I worked a shit job in a factory putting boxes onto a palette for 8 hours a day, and I got paid $28 an hour to do that with legally mandated break times. That was above minimum wage by like $1.50 or something. We have "awards" (a term I don't entirely understand tbh) and agreements with the governments that force us to earn a decent wage, and we constantly argue about it being put up. It also gets raised when enough of us kick up a stink. I worked there during Uni, and the business was required to be flexible with my hours. They couldn't fire me if I said no to coming in because I could take that to a federally funded legal body who would sue them for me.
Not a single person here is worried about going broke from needing an ambulance or life saving surgery. We have a voting system where the whole country has to rock up to the polls, or they get fined, and voting day is a Saturday. We pay people... almost enough, there's still issues including inequality issues, but it's a shit ton more than $7.50 an hour.
You lot have government officials that consistently let you down and get distracted by the way your businesses are owned. Show up to vote. Vote in your interests. Riot when anticorruption investigations get defunded or impeded. Public servants work for you, make them feel that way. Call them and remind them of that.
Sorry for ranting but I just get so frustrated by all the talk of tearing the system down and rebuilding. Force the people you voted in to do the right thing, or make them wish they had by ending their careers.
*markets - would be a better term than capitalism
yeah, "capitalism" literally means whoever has the most money can do whatever they want. its lawless chaos.
markets don't need to be lawless chaos.