Post
"The Regulatory Standards Bill has passed with the backing of the coalition parties.
National and New Zealand First agreed to pass the bill into law as part of their coalition agreements with ACT.
The bill has faced fierce pushback from the public, with more than 98 percent of public submissions opposed."
#RussellPalmer, 2025
Parliamentary supremacy at its most antidemocratic. In 2026 I will vote for a party that makes scrapping it a bottom line.
@strypey
"The principles of socialism as we've heard so many times before is, the trouble with it is, you eventually run out of other people's money."
Well, the trouble with neoliberalism is, you eventually run out of public assets to sell.
... Of course to the neoliberals, that's the point.
@Salty
> the trouble with it is, you eventually run out of other people's money
That's a problem with financialised capitalism. It eventually runs out of customers who can afford to take on more debt to keep the economic engine fueled and it stalls.
In actual socialist economies (not the authoritarian nationalist ones called "socialist" by its opponents), money gets take from capital hoarders and given to workers (in higher wages and public services), who can afford to keep the economy fueled.
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