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Byron Shire
September 26, 2022

Controlled markets

Latest News

Unions meet with Norco over staff stand down

With flood-ravaged Norco in Lismore under scrutiny the Australian Manufacturing Workers’ Union, the Australasian Meat Industry Employees Union, and the Electrical Trades Union met with management on Thursday to discuss the company’s plans for its Lismore ice cream factory.

Other News

Explore the macabre at Museum Up Late

The intriguing history of health, medicine and death will be the focus of a free, unique cultural experience at the Tweed Regional Museum on Saturday, complete with live music, a pop-up food stall and bar.

Honing the art of deep listening

The impacts of the floods earlier in the year are far-reaching, and the Mullumbimby High School P&C has recently received a $50,000 flood grant from the NSW Department of Communities and Justice (DCJ) to help the entire community.

Trampling of the graves of the murdered: reply to Will Liley

As I read Will Liley’s response to my article in dedication to my late uncle, I recalled the poem in Gabriel Garcia Marquez’s novel Clandestine in Chile:

Locals push to keep Bangalow Club as ‘member-owned’

With the Bangalow Bowlo board considering an amalgamation with large entertainment corporation Norths, a group of Bangalow locals are presenting their vision for their club, which they say will ‘preserve a valuable member-owned asset for the people of Bangalow to enjoy for many years to come’.

Byron Bay Film Festival brighter and bolder   

After two years of presenting socially distanced special editions, the Byron Bay International Film Festival returns in October with...

Will degrowth be forced upon us?

For decades, we have been engaged in the old cold war battle between capitalism and communism.

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’!

Anthony Plesko, Ballina

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  1. Anthony, the result of market rigging (price controls) is clear.
    Eco and Worker regulations eliminate the smaller producers of X.
    The lack of X causes the value of Xs to go up.
    People demand money from the government to help buy X.
    Higher taxes cause the rich to leave the country and the poor to become poorer.
    The government prints or borrows more dollars into existence and hands them out.
    More dollars exist, but the same amount of X exist, so prices to go up further.
    People demand prices limits imposed by the government.
    The continuing inflation from the extra dollars keeps raising the number of dollars needed to make X, but you can’t charge more for X, so more producers of X go broke and close, and there are even fewer X being made.
    There is no longer enough X for everyone, so Anthony demands rationing of X for ‘fairness’.
    The production of X continues to drop until Anthony demands the government takes over production of X to increase it.
    Government inefficacy drops production of X further and only elites can get rations of X.
    Anthony complains that other people introduced Communism into his country and is arrested in the middle of the night for his speech crime, and sent to a Gulag work camp where he is force to produce X.
    Anthony dies from the inhuman conditions in the camps.

    Markets in the West are more controlled than they have ever been. Can you feel it? How’s your power bill? Starting to feel like Venezuela, North Korea, Soviet Union, Weimar Republic, Zimbabwe………
    Everything is unfolding as people like me have been predicting. We read history books.


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