In the past few days the Financial Times have run numerous articles on how capitalism is failing and how it needs altering.
This new-found criticism and critique of capitalism as part of mainstream political discourse barely seemed possible just a couple of years ago. The economic consensus has been shattered and the economic argument is now up for grabs again.
Go for it, turn NZ into another Marxist experiment and let us know how it goes. It is an absolute scandal for them to have hundreds of thousands of children at home with 'not enough to survive on (sic)'. Do us all a favour, take McDonnell over and put him in charge, proper social warrior he is. He will fix it all, the needy children will all be looked after by the State.
Leftist propaganda is an insult to intelligence. Fall for it if it suits you.
I've watched the vid and she doesn't mention "capitalism", just says that it is a failure when you 100,000 homeless children.
The Independent is a rag.
Even if he's right, and I don't know why the PM of NZ would've some special insight that, e,g., the PM of Croatia wouldn't have, what are even the "solutions" the radical left offers? blow the whole system and reduce economic competition and entrepreneurship because profits are "bad"? whatever problems the West faces, they will be solved by more international competition and trade, more economic specialisation and most important of all, a highly elevated status of entrepreneurs. They won't be solved by state handouts, safety nets and such non-solutions.
If you don't study economics dont talk about this like you know what any of it means. Having full capitalism is a disaster. Having full socialism is a disaster. Anyone who says one is inherently better than the other is an idiot.