freediver wrote on Aug 12^th, 2022 at 2:53pm:


Public sector management of private sector markets.

For specifics re closing the gap, see the Pearson-Mitchell interview. 

freediver wrote on Aug 12^th, 2022 at 3:11pm:


http://bilbo.economicoutlook.net/blog/

Radical change is needed and mainstream economics will not be part of the solution
Thursday, August 11, 2022


......

On Q&A last night, someone asked if capitalism is destroying democracy; the answer of course is it's not capitalism per se, but failure of governments to pay decent wages for age-care workers, teachers, hospitals and to provide social housing,  which is destroying the electorate's commitment to, and involvement in democracy.   

John Smith wrote on Aug 12^th, 2022 at 3:47pm:



👆 I'll leave this here for someone else to have fun with.

I just thank God that my parents worked hard to put us through the best schools they could AND through Uni. Otherwise we would be as dumb and as clueless as Frodo too 😔😳😐

Bobby. wrote on Aug 12^th, 2022 at 4:09pm:


Don't use big words - you'll confuse him .....

thegreatdivide wrote on Aug 12^th, 2022 at 3:09pm:

The public sector has has been managing remote Aboriginal camps for decades.

That's why they look like socialism.

Lisa Jones wrote on Aug 12^th, 2022 at 3:54pm:


On Q&A last night, someone asked if capitalism is destroying democracy; the answer of course is it's not capitalism per se, but failure of governments to pay decent wages for age-care workers, teachers, hospitals and to provide social housing,  which is destroying the electorate's commitment to, and involvement in democracy.   

[I will refrain from commenting on the value your education ....  "dumb" etc ...oh never mind. 

John Smith wrote on Aug 12^th, 2022 at 3:47pm:


How has it failed?

Anyway - I see where great divvie is getting his ideas... not necessarily CCP China... reading the book meself right now.... anyway - what he and others WANT to overlook is that we already have a 'rules based' order - and replacing it with the CCP controlled LAW type of order = absolute control by the state and for the state, and hoping for a valid outcome out of all the flame and fury and blood - will do nothing but put more people under probable despotism at the drop of a hat and/or at the whim of the Kommissar or central bureaucracy.

I note that the author of the book I'm reading, while being pretty good on some things - tends to skirt around any possible conclusion that sounds or looks bad for the Chinese government.  It's a form of surrender monkey without the monkey.... more the surrender organ grinder if you catch my drift ....