Originally Posted by
moka
Yes, there will be a big transfer of wealth from the "poor" to the "rich", but it will happen no matter which party is in power, and it will be worse under National. It is not happening because of the policies of the current government but because of a global pandemic which doesn't differentiate between a democracy or dictatorship.
Capitalism needs to be tempered with a strong government with a focus on social welfare and consumer protection to offset the disadvantages of capitalism. Capitalism is an unstable system and crises are a regular occurence because of this.
But neoliberalism, the so-called free market advocates for less government and less regulation so the rich can take advantage and exploit opportunities especially when there is a crisis = transfer what little the poor have to themselves.