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.
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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.
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.
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!
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.