Our country’s economic problems ie the cost of living! Is because we have an open, competitive capitalist economy.
The people with the capital, the assets and the money control everything, even the cost of basic essentials – food, housing, clothing, education, transport, health etc.
We also have discretionary spending: dining out, luxury cars, big fancy houses, resorts, entertainment, sports, big TV sets, etc, etc.
The solution is simple. Apply price control to basics and essentials, and tax the crap out of the luxury discretional spending. Controlled market for basic essentials, open market for luxuries and discretionary stuff.
Problem solved… Welfare and government services still need funding from taxes. Too many corporations are paying no tax, and zero on profits, because the profits have been sent offshore and hidden. Tax corporations on their turnover which cannot be so easily hidden; a GST on corporate activity with no ‘credits’!


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