@peterrelph
Remember the Housing Commission? In 1956, Menzies renegotiated the agreement under which it operated. Funds were diverted away from public housing and rental assistance. Existing public housing stock was sold off (around 90,000 dwellings, IIRC). The rich got richer and the poor got poorer.

Australia has since become increasingly Totalitarian Capitalist, if not NecroCapitalist. We need to acknowledge that the market doesn't always have the best solutions - or any solution at all, apart from further profiting the already rich.

Where, between the extremes of Socialism and Capitalism, do we want Australia to stand?
#AusPol #NecroCapitalism #TotalitarianCapitalism #SocialDemocracy
@Qldaah

Can we outlaw the profit motive? 🤔
"People worry about the world getting destroyed by machines driven by a heartless artificial intelligence, but we might end up destroying it with a kind of artificial mind we invented long before microchips: the corporation."
https://caitlinjohnstone.substack.com/p/profit-driven-systems-are-driving
#ProfitMotive #Capitalism #TotalitarianCapitalism

@Neil1808
Mussolini and Hitler both came to power in multi-party Parliamentary Democracies. Both became dictators of single-party states.

Fortunately, Morrison lacked the skills and the charisma to repeat their successes. Monied interests still push us in the directions that Morrison championed.

Our Democracy proved strong enough. This time.
#AusPol #Fascism #TotalitarianCapitalism

There are good reasons why the Commonwealth - and precursor colonies - had public-sector banks. The rationalisations for their privatisation are questionable.
https://johnmenadue.com/senators-call-for-peoples-bank-solution-to-regional-branch-closures/
#Auspol #TotalitarianCapitalism

@peterrelph
My favourite term is one that I first saw used by George Monbiot in the year 2000:
Totalitarian Capitalism
For me, it nicely encapsulates Australia's slide away from the Public Good.
#Auspol #Fascism #TotalitarianCapitalism #PublicGood