Politics

Is Neoliberalism the same as capitalism?

Capitalism is an economic system where the means of production and distribution of goods and services for profit are owned by a few as opposed to the state. The means of production are entrepreneurship, labour, capital goods, and natural resources. Capitalism requires a free market economy in which to operate. Neoliberalism is both an economic and a political system. It embraces laissez-faire (unregulated) capitalism, removal of all constraints to trade, globalisation (removal … Read more

Interchange between politicians and the mining industry

This post is not implying that anyone mentioned below has broken the law. It serves only to show the close relationship between mining companies and Australian politics. The influence gained is unlikely to be in the public’s best interests. *I’ve bolded the names of the people and entities mentioned. From a comment in The Guardian to an article about the interchange between politicians and the mining industry. Politicians: Former Nationals leader and deputy prime … Read more