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  1. #6751
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    Quote Originally Posted by moka View Post
    Balance is talking about predatory capitalism and he loves it. He is encouraging others to join in and get more than your share. Exploiting others including the taxpayer is something to be proud of. If you can rip someone off you'd be a fool not to do it, is the attitude. Honesty, integrity, ethics is sadly lacking in the business world today. Greed is good. Money is power.

    http://regnet.anu.edu.au/news-events...d-institutions
    Predatory capitalism refers to cultural acceptance of domination and exploitation as normal economic practice. Examples include not only corporate and financial fraud and political corruption that goes unchallenged, but also the undermining of trade unions, the suppression of wages, the promulgation of economic slavery, and wealth creation through imposing debt on vulnerable entities.
    Less well scrutinized is how predatory capitalism has disrupted non-economic institutions, particularly cultural, social and democratic institutions.
    I would have thought "Predatory Capitalism" is better described as "Unfettered".

    One could exchange Predatory Capitalism for Cultural Marxism in much of the definition above.

  2. #6752
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    Quote Originally Posted by Sgt Pepper View Post
    One prediction, I believe is quite possible, is that Jacinda Ardern will not serve out the next three years as Leader of the Labour Party and Prime Minister. I believe that she will stand down toward the end of 2022
    I am of the same view

  3. #6753
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    Quote Originally Posted by jonu View Post
    I would have thought "Predatory Capitalism" is better described as "Unfettered".

    One could exchange Predatory Capitalism for Cultural Marxism in much of the definition above.
    I have relations who describe themselves as socialists. I have to zip the lip not to point out that their lifestyle is well at the capitalist end of the spectrum.

  4. #6754
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    Quote Originally Posted by artemis View Post
    I have relations who describe themselves as socialists. I have to zip the lip not to point out that their lifestyle is well at the capitalist end of the spectrum.
    Call out hypocrisy where you see it artemis. I decided to among family members a while ago (as gently as possible). I decided if I was to feel comfortable in a family setting I shouldn't bite my lip while others trod all over my sensibilities. Obviously has to be done with tact, but you have to make a stand sometimes....even with friends and family members.

  5. #6755
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    Quote Originally Posted by jonu View Post
    Call out hypocrisy where you see it artemis. I decided to among family members a while ago (as gently as possible). I decided if I was to feel comfortable in a family setting I shouldn't bite my lip while others trod all over my sensibilities. Obviously has to be done with tact, but you have to make a stand sometimes....even with friends and family members.
    So where do you live now?

  6. #6756
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    I think perhaps I know Moka somewhat better than you do. If you seriously believe moka’s comments and motivation for sharing information, is because moka is envious - you are so off base its laughable. The same applies to me. Compared to many of you, I pretty much have nothing in terms of financial or other assets. I don’t have an economics or accounting degree, or any other degree for that matter. I am however, educated and reasonably intelligent. I have chosen to live a minimalist lifestyle in my caravan because that is the life I want to lead. I have never been materialistic. Up until recently Money has simply been a necessary evil. In actual fact, it still is. I got back into investing not because I have an overwhelming desire to “make money” but purely as a way to build myself a little more financial security for retirement. My life isn’t perfect but I am so much happier and more content living in my caravan and working part time in my caregiving role. Money is not my life and my life is not about material possessions. Not having “stuff” has given me more freedom than you would ever comprehend. I am not in any way envious of you or anyone in your position. The exact opposite actually. I can’t think of anything worse.

    You know nothing about moka. Your comments are nothing more than incorrect assumptions.

    Quote Originally Posted by fungus pudding View Post
    You have a sad attitude. There is no need to envy success. It should inspire you, but appears to make you envious. I've been hovering around the business world for decades and have rarely encountered this lack of honesty, ethics and integrity that you speak of. On the contrary, I have found those who have attained success, either through self employment, or have climbed high on someone else's ladder to generally be helpful with a joyful spirit. Of course there are exceptions, but they're not common in my experience. You reek of the green eyed monster.
    Last edited by justakiwi; 25-10-2020 at 08:49 AM.

  7. #6757
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    Quote Originally Posted by fungus pudding View Post
    So where do you live now?
    I say it with lurve FP...I say it with lurve! Makes for some intense discussions, but if you can't be straight up with family and friends, then when can you?

  8. #6758
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    Quote Originally Posted by Zaphod View Post
    If Labour promise to rein in house prices this term, they're on a hiding to nowhere. Given the current set of circumstances, I can't see any effective way of leveling off prices within the next 3 years.
    The housing crisis which Cindy pledged to tackle and overcome has become a housing chaos (thanks to her government's total incompetence).

    In the next three years, housing will become a total disaster - house prices are currently going up by $10,000 a month in Auckland! Try saving that kind of money even if you are earning $180k a year!

    But you can be sure that ever more money by the billions of dollars will be thrown at the problem without Cindy having a clue how to solve the problem - because she is USELESS - all talk and no solution or delivery.

    The billions of dollars of borrowed money will be her legacy - a burden to be borne by future generations.

    The total disaster is NOT going to stop the multitude of consultants making hundreds of millions of dollars in fees, and definitely not going to stop property speculators and developers making billions of dollars - ENJOY!

    Just make sure you get more than your share to protect your future generations - because the government will be incapable of looking after them.

    I ❤️ It!
    Last edited by Balance; 25-10-2020 at 09:58 AM.

  9. #6759
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    Quote Originally Posted by jonu View Post
    Call out hypocrisy where you see it artemis. I decided to among family members a while ago (as gently as possible). I decided if I was to feel comfortable in a family setting I shouldn't bite my lip while others trod all over my sensibilities. Obviously has to be done with tact, but you have to make a stand sometimes....even with friends and family members.
    Depends on the family. Some just want to get in an argument. Not interested sorry, not sorry.There are ways other than words. I find a very small smile and no engagement with words works well enough.

  10. #6760
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    Quote Originally Posted by moka View Post
    Balance is talking about predatory capitalism and he loves it. He is encouraging others to join in and get more than your share. Exploiting others including the taxpayer is something to be proud of. If you can rip someone off you'd be a fool not to do it, is the attitude. Honesty, integrity, ethics is sadly lacking in the business world today. Greed is good. Money is power.

    http://regnet.anu.edu.au/news-events...d-institutions
    Predatory capitalism refers to cultural acceptance of domination and exploitation as normal economic practice. Examples include not only corporate and financial fraud and political corruption that goes unchallenged, but also the undermining of trade unions, the suppression of wages, the promulgation of economic slavery, and wealth creation through imposing debt on vulnerable entities.
    Less well scrutinized is how predatory capitalism has disrupted non-economic institutions, particularly cultural, social and democratic institutions.

    Interesting post thanks Moka. I am not familiar with the term predatory capitalism and will do some research into it.

    I find the sentiment that we should try and get more than our fair share quite distasteful and the word exploitation also came to mind. They say people are motivated by either need or greed and greed was the other word that came to mind reading that post. But that is clearly how some people choose to live their lives. My upbringing and values are quite different so that is not how I choose to live my life.
    Last edited by RupertBear; 25-10-2020 at 10:31 AM. Reason: Repeated myself

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