I'd tend to agree that the younger generation is more into Socialism / Communism, and that's from a 22yr old. Majority of people I know support more govt control of everything, getting rid of the 'evil' private sector etc etc. I find it rather scary to be honest, as into the future this vast majority will start getting their agenda's across into politics etc. I think the problem is they've been molly-coddled all their lives and when they finally get out into the big bad world they realise life's not fair, they are poor and instead of working hard to get ahead, its easier if the govt takes control and hands everything out to you 'equally' for nothing. Politics of envy.
Auctions to be abolished
- Thread starter ned261
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I'd tend to agree that the younger generation is more into Socialism / Communism, and that's from a 22yr old. Majority of people I know support more govt control of everything, getting rid of the 'evil' private sector etc etc. I find it rather scary to be honest, as into the future this vast majority will start getting their agenda's across into politics etc. I think the problem is they've been molly-coddled all their lives and when they finally get out into the big bad world they realise life's not fair, they are poor and instead of working hard to get ahead, its easier if the govt takes control and hands everything out to you 'equally' for nothing. Politics of envy.
I am 50 this year....and deal with a lot of teens and 20s, and think you are dead right.....though it isn't just the molly coddling....the school syllabus have really swung over to a conservation, social justice, and aboriginal rights bias.....that's been aided by state ed depts being seconded by left leaning ideologues. Young people nowadays know everything about who has rights for what, but they have no understanding of business principles and how to create the wealth through small or big business to pay for this wheelbarrow of rights.
Though I admit the general deterioration in ethics since the 50s, has led to a lot of disgusting greed on the part of the private sector.
The answer will lie in society getting back in touch with decent ethics (rather than "it's all about me" mindset) and government effectively enforcing the rules they have....as an example, ASIC never acts until significant damage is done. and reluctantly at that. Same for the ACCC.... I once made a complaint and it took them 4 months to get in touch with me to get further detail.
Unfortunately,
The problem that I see with a lot of the younger people I know is that they have this idea that if everyone has 'equality', then everyone will have what they have. Of course, many young people with this view are from comfortable, upper middle class families, where plasma TVs, trips to Europe and new cars are relatively normal things. For the vast majority of Australia, this is not the case. If we have this 'equality' they keep carrying on about, it will be their lifestyles that suffer dramatically, rather than the 'unfortunates' who improve.
Of course, there needs to be market regulation to keep things under control, as well as safety needs for cases of genuine need. But setting sensible frameworks for markets to operate within, and letting people who are industrious and ambitious run free seems to be the best compromise to me.
Of course, there needs to be market regulation to keep things under control, as well as safety needs for cases of genuine need. But setting sensible frameworks for markets to operate within, and letting people who are industrious and ambitious run free seems to be the best compromise to me.
Their teachers at school don't help the situation either.
Most teachers are great people, and I do not envy their job these days, but let's face it; they went to school for a dozen years, then went to school for another 3 or 5, and then went back to school.
Very few of them have been out in the big bad world for very long, they tend to associate with other teachers, and most of them have left-leaning views on the world, and even less of them have been employers and business owners.
It's no suprise thay they involuntarily impart a slightly biased view against the bosses, the capitalists and the rich onto their students.
They can't possibly coach their kids towards wanting to get rich, investing etc, because they've never done it themselves.
I believe it is.
Since buying my first home in 1985, I've had the freedom to offer whatever I like for the property I wanted to buy.
The seller has had the freedom to accept or reject my offers.
I have had the freedom to buy whenever I wanted, wherever I wanted.
I've had the freedom to sell any property I've sold for whatever I've wanted to sell it for, based on an offer from a buyer who is free to do so.
I have had the freedom to sell whenever I wanted.
I've had freedom to choose any lender I wanted that would do a deal for me, and they have had the freedom to negotiate with me on that score.
I have had the fredom to use any agents I wanted in the selling process.
I have the freedom to use any agent I want in the Mangement process.
I have the freedom to decide who rents my properties.
The tenants have the freedom to decide if they want to rent them.
And so on.
The supply is always changing, and so is the demand. Noone regulates either.
yes, there is regulation on land from a quantity and zoning aspect, but this has always been the case, and needs to always be that way, otherwise you'll get a Bunnings next to your beautiful Victorian mansion on an acre in Kew, and a KFC on the other side.
I don't disagree with your points. It is a market, and has certain elements of a free market, because it functions in a somewhat free market economy.
Very loose analogy, but if Woolworths and Coles got together and tripled their prices over the next few years on all products, by your reckoning this would be considered a free market. People have to eat, and will pay what is required.
Adding to this, the Government has imposed supply restrictions on food production, further exacerbating the prices. Plus, they've decided to solve the food problem by giving grants to a subset of the population to purchase this limited supply of food! The net result is that food prices go through the roof for everyone. Yet there are still willing buyers(we have to eat), and willing sellers(supermarkets). I certainly wouldn't call this a free market. A market it is, though.
And yes, I am aware people have the option of renting, which is the equivalent of opting out of supermarket food in this analogy. In reality though, our society values ownership(supermarket food instead of the scraps thrown out in the dumpster out the back of the supermarket.haha.)
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