Something for the seniors on Russia
Great news 4 ACTU & Labor - model most equal country found - Venezuela

Wayne Swan and the ACTU working out how to dismantle capitalism!

What a great night out that'd be!

Wayne Swan and the ACTU discussing neoliberalism and "trickle-down economics".

I had to look them both up:

  • Neoliberalism is a modified form of liberalism tending to favor free-market capitalism.
  • The term "trickle-down" originated as a joke by humorist Will Rogers and today is often used to criticize economic policies which favor the wealthy or privileged while being framed as good for the average citizen.

So we have Wayne-the-joke-Treasurer discussing a joke about economics while Nadine Flood from the public sector union works out how to dismantle capitalism!

Bewdy Newk!

By the way, here's the damage capitalism has wreaked on poverty.

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