You say you want government laws and legislation, regulation to curtail "capitalism" from going too far to exploit the labour...
But the catch is - we've had a good 100 years of that, and the only thing government regulations have done is harm the labourer and the consumer more in favour of providing kickbacks and subsidies to biggest companies, as the executives and politicians are all good friends
More government hurts free markets
Look at the UK and especially here in Australia - new businesses struggle to take off. We barely make anything anymore. We sell our exports for cheap only to buy the same goods from other countries at a considerable markup - all because of rules and regulations. Now in a resource-rich country where people should be prospering here, the people are bombarded daily with reminders of how we're in a cost-of-living crisis for over 3 years, and every government action since then has worsened livelihoods for the people and killed more businesses. This country is being kept on life support from domestic+foreign real-estate speculation
Sure. But please tell me what your solution really should be?
You wanted more regulations? I've shown you examples of countries that have followed that advice, and the people are pissed off and even more powerless.
You make very interesting points. Yes, it does sound like you are spouting communism, but you are NOT. Some will get on here and bash you anyway because they didn't digest your train of thought. I find it refreshing that someone has taken the initiative to do some critical thinking and put pen to paper with those ideas. Thanks for the enlightenment. It is almost akin as to what came first, the chicken or the egg.
You say you want government laws and legislation, regulation to curtail "capitalism" from going too far to exploit the labour...
But the catch is - we've had a good 100 years of that, and the only thing government regulations have done is harm the labourer and the consumer more in favour of providing kickbacks and subsidies to biggest companies, as the executives and politicians are all good friends
More government hurts free markets
Look at the UK and especially here in Australia - new businesses struggle to take off. We barely make anything anymore. We sell our exports for cheap only to buy the same goods from other countries at a considerable markup - all because of rules and regulations. Now in a resource-rich country where people should be prospering here, the people are bombarded daily with reminders of how we're in a cost-of-living crisis for over 3 years, and every government action since then has worsened livelihoods for the people and killed more businesses. This country is being kept on life support from domestic+foreign real-estate speculation
Sure. But please tell me what your solution really should be?
You wanted more regulations? I've shown you examples of countries that have followed that advice, and the people are pissed off and even more powerless.
You make very interesting points. Yes, it does sound like you are spouting communism, but you are NOT. Some will get on here and bash you anyway because they didn't digest your train of thought. I find it refreshing that someone has taken the initiative to do some critical thinking and put pen to paper with those ideas. Thanks for the enlightenment. It is almost akin as to what came first, the chicken or the egg.
Kinda
I always refer people back to Adam Smith and the Austrian school
But if you really want to go down that particular rabbit hole which I always encourage people to flesh out their ideas
You want to read a book from the early 70s called small is beautiful
You will enjoy it