We are not going to abandon or even temper capitalism I am afraid. The fact is we are a tiny and relatively poor country at the edge of the world. We have to come face to face with that.

[–] [email protected] 0 points 8 months ago (1 children)

We’re not relatively poor. Where did you get that from?

https://www.dfat.gov.au/sites/default/files/australia-is-a-top-20-country-all-topics.pdf

[–] [email protected] 0 points 8 months ago (2 children)

This is an NZ community

[–] [email protected] 0 points 8 months ago

The article published is about Woolworths pricing in Australia.

[–] [email protected] 0 points 8 months ago* (last edited 8 months ago)

I'd still argue we are only poor compared to other high-wealth nations. Our GDP at PPP per capita is roughly in line with Japan and not far behind the UK.

We do much better at GDP in USD but shit's expensive in NZ due to island tax and lack of competition hence my use of PPP.