The trouble with democracy, is that there is always a section of any society which is really dumb. Suppose I was to stand for election with a proposal to repeal the Law of Gravity. The Law of Gravity is one of the leading causes of deaths each year both at home and on the work site. If I promised to repeal this law, I can guarantee there would be some people stupid enough to vote for me.

Problem number two in a democracy is that the results of a policy are often different, or even the opposite, of what you might expect. Let’s take the simple example of rental properties.

In a capitalist society, anyone with enough money (or credit, which is something rather different) can buy a house and rent it out. If rents are high, more and more people will invest in rental property instead of shares or fixed income investments. The increase in available rental properties depresses prices, bringing down the cost of rent for the great majority.

If prices drop too far the opposite happens. Investors get fed up with losing money and sell properties. This reduces the amount of rental properties and boosts rents to a more sustainable level.

Free markets can vary from the normal, but naturally correct and always eventually find equilibrium, just like in nature.

Now imagine that a politician called Billy Boofhead is elected on a promise to reduce the cost of rent by 50%. Of course, this will be popular with people renting houses, particularly if they have no idea of how capitalism works.

If the Government actually did pass laws to reduce rents by 50%, many property investors would sell up and move their money into shares or other investments. This would be painful for those investors, but devastating for the tenants.

The loss of rental properties would lead to a huge increase in homelessness. Meanwhile, many homes would end up empty and ultimately vandalised and uninhabitable. So, the policy intended to help renters is a policy which would eventually lead to devastating hardship for renters.

Of course, there will be some winners in this game. Some property owners are wealthy and will hold on to their properties regardless. Their fortunate tenants then find their rents cut in half. You can expect that they will be delighted with this new policy.

The other great winner is political opportunist Billy Boofhead. Come election time, he will find an adoring fan base of lucky renters. These people will be waving his placards and handing out how to vote cards for him. Some will even donate to his campaign.

Those poor miserable wretches who are now living in homeless hostels or are on the street will probably not bother to vote. Even if they do, they are unlikely to support a candidate who promises to allow the market to raise rents.

This simple example is just a microcosm of the relationship between Governments, voters and the economy. Politicians love to implement policies designed to benefit workers at the expense of businesses.

When they do so, large numbers of marginal businesses collapse or downsize due to the extra strain. Thousands upon thousands of workers will lose their jobs. Of course, workers in more secure businesses will be cheering. They will happily donate money through their union dues and turn out on polling day to support their champions in government.

                                                                 The way we were

The biggest winners in the perversion of free markets are government employees. The largest groups of these employees are in health, education and indirectly through construction of government funded infrastructure.

Not surprisingly, left leaning politicians always want more money for………..yep, you guessed it, health, education and infrastructure.

Of these three, the cosiest relationship remains between government and the education system. Is there a single other profession outside teaching where an employee cannot be sacked? It is almost impossible to fire a teacher, no matter how incompetent he or she may be.

Not surprisingly then, hardly a school in the supposedly capitalist Western world will teach children what I have just explained to you. Teachers (even economics teachers) extoll the virtues of government intervention in the market place.

“Capitalism can’t survive without government intervention,” they tell our impressionable kids. Most of the media (particularly government owned media) now parrot this fiction.

The extent to which nations fall for this lie, determines how successful the nation will ultimately be.

Some countries went “full retard” and put the government in charge of everything, including food pricing. Not surprisingly, governments cut food prices to below cost of production. Food production stalled and horrendous mass starvation was the result.

Russia, China, Cambodia, Vietnam, North Korea, Ethiopia, the list is too long and depressing to recount in full. Whenever it is tried, the same catastrophe ensues. Venezuela is simply the latest in a very long and inglorious line.

                                                      The tipping point

The extent to which a nation falls for this fallacy is also the extent to which inequality increases between those who have government patronage (like teachers, bureaucrats and merchant bankers) and those who don’t (like service industry workers).

Not surprisingly, the more we reject free markets and embrace government intervention, the more the rich get richer and the poor get poorer.

Despite this, our kids are being indoctrinated with the fantasy that free markets are evil and government intervention benefits us all. Jeremy Corbyn just came close to victory thanks to a combination of migrant votes and freshly indoctrinated millennials who haven’t yet figured out the scam.

To some extent, this is a natural process. However, if a group or individual wants to attack or weaken a nation, they could (and likely do) use their influence to help the process along.

The key to resisting this evil is education. As Thomas Jefferson so astutely noted, “a nation which wants to remain ignorant and free, wants what never was and never will be.”

Today, we are no longer completely reliant on government, schools or the mainstream media for our education. Each of us has an opportunity and an obligation to help spread the truth. With the internet, this is now possible.

There are many good sources of information out there and it is important that we read and share them.

It can seem like a thankless task advocating for capitalism online. Each one of us who stands up however, inspires others to speak out. It is important then that each of us continues to try to break through the barriers of ignorance.

Our future survival as a nation surely depends on it.

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alistair50
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alistair50

I have just been advised and feel that there are many here who may be interested to hear of this news from our upper house in Canberra , this may affe t you and your families , although I hope not so please bd alerted . ( PILLOW BITER , I hope that preamble is more to your liking and gains your approval more than FLASH ) . DERRYN HINCH’ S BILL , to legalise medicinal marijaurna has passed the Senate .

LxL
Member
LxL

“..many property investors would sell up and move their money into shares or other investments.
“The loss of rental properties would lead to a huge increase in homelessness. Meanwhile, many homes would end up empty and ultimately vandalised and uninhabitable”.
So, the houses are bought by people who leave them empty? Tosh. And not a mention that house prices would fall dramatically, maybe enabling those that you argue will be homeless while new purchasers choose to own empty houses, to buy their own.

pelican
Member
pelican

lg..its all propaganda

manfromOZ
Member
manfromOZ

Government funded school teachers are all lefties and teach the kids to be the same. That’s why the ALP are happy to throw billions at education to reward more teachers union members.

igiveup
Member
igiveup

Socialism is like alcohol to an alcoholic, you get a short term hit but it’s really all down hill.

alistair50
Member
alistair50

PILLOW BITER . I occasionally use FLASH to attract attention of Posters to events that are very interesting to ALL P P ers . My judgement has been vindicated by the fact of all the ANTI CH 10 comments posted in REPLY due to everyones dislike of The Project . Now , I posted at midnight on the previos topic at midnight last night the rumour of this forethcoming but so many missed it ,as few read the full pages , so once a gain my reason to highlight to gain the attention of many. Just while I have YOUR… Read more »

JCM
Member
JCM

Turnbull given a free ride and leg up by lots of the elite criminals in Australia,I would at a guess also say he was involved in certain trades Packer flew into Newcastle Waters from the golden triangle

waldo...again
Member
waldo...again

Could someone please say….new post up

vecchio21
Member
vecchio21

ABC “News” consisted of two boring speeches by Turnbull and Shorton about what is not being done about Islamic terrorism. They could start with bringing in, at their own expense, the “leaders” of every mosque and Islamic school and asking them what they are going to do about it and the steps THEY are taking to prevent it.
We don’t hear anything about that, do we?
And if they are unwilling, the steps which will be taken to return them and their flocks, to the shit holes from which they came.

waldo...again
Member
waldo...again

A lot of muslims suffer from “bad back” syndrome.

Ducktracy
Member
Ducktracy

Ouch

Albert
Member
Albert

https://www.youtube.com/watch?v=N46mIHEGHN0 — nothing to do with islam

saltbushbill
Member
saltbushbill

There is a vast difference between capitalism and free enterprise.Capitalism is all about total control, observe any of the major players around today.Sadly free enterprise is very much under attack these days from capitalism(communism).

alistair50
Member
alistair50

Let them eat cold vomit .

EnochPowell
Member
EnochPowell

Channel 10 gone ? How sad. Hopefully 7 & 9 will quickly join them along with the ABC & SBS.

rww
Guest
rww

Channel 10 on the way out – if nothing else we will see less of Weasel Weed Aly.

ejada
Donor
ejada

My lasting memory of that flight out of Darwin was seeing a huge big golden teddy bear wedged in the fork of a mangled tree when the pilot did a circle low over the town. The bear was obviously going to be some child’s Christmas present. At Mount Isa we sat in the plane on the tarmac, eating minced-fruit pies served with white wine, while planes from Brisbane and Sydney flew on to Darwin. The Fokker was refueled and went on to Brisbane. HCP I had worked with in Darwin met the plane and took me home so I avoided… Read more »

WorriedAboutAustralia
Member
WorriedAboutAustralia

Why do so many people support communism when it doesn’t work? Because they dont’ work either.

AussiePatriot
Member
AussiePatriot

Bucketing down here is SEQ. I’m just in the process of making a “WANTED dead or alive” poster for this dangerous criminal.

Tim Flannery
timflannery.com.au
Timothy Fridtjof “Tim” Flannery is an Australian mammalogist, palaeontologist, environmentalist and global warming activist. He was the Chief Commissioner of the Climate Commission, a Federal Government body providing information on climate change to the Australian public.
More at Wikipedia
Born:Timothy Fridtjof Flannery, January 28, 1956, Melbourne, Victoria
Nationality:Australian
Alma mater:La Trobe University

.Pillowbiter
Guest
.Pillowbiter

You buy your clothes from KMart?

Speak for yourself fatboy, I don’t buy my stig outfits from there. No way, no how. I like to be impenetrable when I am policing the PP.

haha, can’t get me fatboy. On the other hand, those flimsy items made in the slave trade are truly penetrable.

Letthemeatcake
Guest
Letthemeatcake

Cold pig trotters should be Ramadan fare after sunset.
Seems odd though. We are constantly told that terrorism has nothing to do with Islam. For prisoners who aren’t ‘real’ Muslims they seem rather observant/pious/devout.

HanseaticKid
Guest
HanseaticKid

O/T. Finkel Report. Insane is the only word to describe this monumental con job. Insane Prime Minister, insane LNP. We already knew Labor/Greens are insane. Only insane voters could believe Finkel’s “fairies at the bottom of the garden” magnum opus will lead to ANY price reduction on the artificially inflated prices currently paid by us consumers for electricity. The only people smug enough to argue otherwise are on the taxpayer funded teat. This entire policy framework is outrageous and I can’t believe that our governing bodies would allow the community to be ripped off in this fashion. Turnbull is politically… Read more »

bagman
Member
bagman

Malcolm Turnbull takes tougher line on Australian citizenship to battle extremism, yes folks he eating spinach to toughen up those Turds

chrisk
Donor
chrisk

KanGuru, would certainly draw big crowds especially when the one holding glasses and flapping its arms took the bow.

JofG
Member
JofG

You had me going there for a minute Flysa, you devil!

Letthemeatcake
Guest
Letthemeatcake

Maryland: BLM Central. No surprise there.

chrisk
Donor
chrisk

KanGuru… Politicians tared and feathered and ignited would put on a good show!

Sweetpea
Member
Sweetpea

OT – woman in Vic divorcing husband who changed sex during the course of the marriage. The law states that it is illegal for woman to be married to another woman (mutilated male). The divorce has turned into a nightmare for wife, costing a fortune to uphold the normal divorce laws. Is this the can of worms facing the courts in the future?

johnsamson
Member
johnsamson

The Truth:

**”there would be no deadly terror attacks in the U.K. if Muslims didn’t live there.**

AussiePatriot
Member
AussiePatriot

Invite them all. Then run a series of “Short Straw” betting games with funds donated towards a second hand chinese diesel submarine.

chrisk
Donor
chrisk

GTD… I don’t think he would be that stupid …or would he, Guess he will have to ask LOOSEY

chrisk
Donor
chrisk

ejada… Most of the young today would not know how to handle or cope with a situation like that now, They would want “The Government ” to hols their hand every inch of the way.

chrisk
Donor
chrisk

GBB… Yes a Mess was an understatement, Fire truck was the only air to ground communication it served as the control tower it had a 30 mile range only, We took off 15 tons over max weight and used almost the entire length of the runway except for 1000 feet… I have never forgotten.

GeorgeofMagpie
Member
GeorgeofMagpie

Is that dopey cxxt doing it again?

iamok
Member
iamok

David Marr

ejada
Donor
ejada

Chrisk – on shilt work my salary was around $130 fortnightly in 1971. By ’74 I was working straight shifts so had dropped to around $120. I was evacuated on boxing day on a Focker-Friendship flight to Brisbane with my baby son and a plane load of hospital patients. Hubby joined us a week later after driving out in a convoy. We got permits four weeks later to return and rebuild our lives. I still have them! They were trying times but invigorating because we had to fight to be allowed to rebuild then to source materials and find tradies… Read more »

buraq2
Member
buraq2

Is Robert Mueller suffering from TDS, BBS?

Hotrocks
Member
Hotrocks

I hope some end up here .

chrisk
Donor
chrisk

Prissy Payne????

Matt12
Member
Matt12

No shortage to choose from.

stringybark
Member
stringybark

Another view is that the people put Labor in when the economy collapses such as 1929 when Bruce was replaced by Scullin. Or 1982 when stagflation Fraser was replaced by Hawke.

Shocker
Member
Shocker

Where’s Tijm Flannery when you need him. I’m wearing out gumboots, raincoats and umbrellas faster than I can replace them.

chrisk
Donor
chrisk

ejada…. I remember Tracy very well, departed Darwin just 9 hours before Tracey hit and flew one of the evacuation flights in 30 hours latter and we took 315 people direct to Adelaide. We were married in 1968 and when we returned from out honeymoon we had $3.00 in the bank and I owed my brother $20.00, I had a job that paid me $60.00 a week and my wife worked for $34.00 a week and we built our life from there.

taxslave
Member
taxslave

.The days of free markets are gone .It hasn’t helped with fuel prices and banking .They are multinational and set the own agenda .All pricing is manipulated .If you really want to fix Australia you have to remove the Double taxation act and bring in Transaction tax so we can get the multinationals to pay their tax and make the remaining Australian owned industries instantly competitive .Australians taxation has failed and is broken .At least one nation has a easytax option in its taxation policies .

bagman
Member
bagman

brilliant

Sweetpea
Member
Sweetpea

chrisk………My daughter is an accountant who for a time worked with a firm managing divorce settlements. Most young couples are in debt up to their ears, basically the whole charade has been built on borrowed money and lifestyle expectation. They simply borrow money to buy more debt.

stringybark
Member
stringybark

The Fabian Society is as active as the Henry George League nowadays.

ejada
Donor
ejada

Would Repealing the Law of Gravity stop old age sagging? I would vote for that!!!!

Albert
Member
Albert

Since 1901 a graph of Australia’s economy is peaks and valleys. The Libs are in office during all the peaks and Labor rules as they drive us into the valleys

taxslave
Member
taxslave

Stop immigration 200000 a year is not helping plenty of demand but no supply.All paid for by to good ole taxpayer on borrowed money .This is typical government madness.