zero_gravitas@aussie.zone to AusFinance@aussie.zoneEnglish · 5 days agoBreaking: Major banks respond following RBA decision to cut interest rateswww.abc.net.auexternal-linkmessage-square18fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkBreaking: Major banks respond following RBA decision to cut interest rateswww.abc.net.auzero_gravitas@aussie.zone to AusFinance@aussie.zoneEnglish · 5 days agomessage-square18fedilink
minus-squarejonne@infosec.publinkfedilinkarrow-up0·3 days agoThat’s how capitalism works without government intervention, until the wealthy are so wealthy they buy all assets and our politicians, yes. Eventually capitalism will eat democracy if you let it.
minus-squareWhirlybird@aussie.zonelinkfedilinkarrow-up0·3 days ago Eventually capitalism will eat democracy if you let it. “Eventually”. Cool. Is there a better system than capitalism? Nope.
That’s how capitalism works without government intervention, until the wealthy are so wealthy they buy all assets and our politicians, yes. Eventually capitalism will eat democracy if you let it.
“Eventually”. Cool.
Is there a better system than capitalism? Nope.