this post was submitted on 09 Jul 2024
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Aotearoa / New Zealand

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cross-posted from: https://lemmy.ca/post/24722797

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[–] [email protected] 18 points 1 month ago (1 children)

The market is incentivized to earn money at all costs that's why we have a government with no profit motive to regulate them. Unfortunately national thinks the government is a business and should be run as such.

[–] [email protected] 4 points 1 month ago

Did you know that Luxon was CEO of Air New Zealand? /s

[–] [email protected] 11 points 1 month ago (2 children)

Yesn't. They might each be bad people but the market is a system that attracts bad people. We need a system that holds them in check.

[–] [email protected] 8 points 1 month ago

IMHO we just need to regulate the market to make it less attractive than interesting in productive investments.

Labor tried it with disallowing interest expenses.

[–] [email protected] 1 points 1 month ago

Land Value Tax solves the problem.

[–] [email protected] 7 points 1 month ago

The players make the game.

[–] [email protected] 3 points 1 month ago

I love this meme.