"Capitalism is a blatant failure" -NZ new Prime Minister


Shall we see the next experiment of socialism on the horizon?

Host Lisa Owen was probing Ardern for her view whether capitalism had failed, on a scale of one to 10, in response to coalition partner and New Zealand First leader Winston Peter’s statement that many Kiwis were correct when they considered capitalism to have been a foe.

Ardern said there had been market failures in New Zealand such as the country having the worst homelessness in the developed world, most people’s incomes not keeping up with inflation, and the cost of housing outstripping most people’s reach.

“When you have a market economy, it all comes down to whether or not you acknowledge where the market has failed and where intervention is required. Has it failed our people in recent times? Yes. How can you claim you’ve been successful when you have growth roughly 3 per cent, but you’ve got the worst homelessness in the developed world?”

Housing affordability goes out the window when you live on an island with limited land, yet allow in lots of immigrants while your government wont budge on an old zoning plan of decades ago, meant for moderate growth.


Get ready Kiwis i’ve got a feeling you’re gonna get a lot more vibrant military aged negro and arab rapefugees soon, because that what happens when you elect unmarried childless women to high office.


When you accept more refugees than you can accommodate , the housing problem become far worst and the value of available homes will rise to levels not seen in the past . If your Country intend on being the guardian of the World be prepared for ALL the problems that are sure to follow ! :astonished:


Maybe New Zealand should be taking all of the refugees that Australia took in and is now trying to pawn off on other countries - primarily ours.


Women this stupid should never be elected to public office, and should probably not be allowed to vote.


Feminists ruin everything. These dopes elected a feminist to rule. The land of the Kiwi is done.


They will get what they deserve from electing this left-wing socialist idiot. I hope they enjoy violent crime and rape sprees because that’s what they are in for.

Refugees Welcome!


That’s a great democratic principle!!!


Isn’t it. Might not be a bad idea to go back to only allowing property owners to vote.


Hell, why stop there. Let’s not let any women or black people vote either.


I don’t think it needs to be based on gender or race, but I’d be okay with it being based on property ownership. If you don’t own any property are you really invested in this country anyway? If you own American soil you get to vote. If you served in the military you get to vote. Both of those conditions are open to all races and genders. Hell, there are even special programs to help certain races and women buy property. No excuse.


Well you may dream big if it makes you feel good.


You would know a lot about “democracy”, since your beloved bernie got “democratically” neglected in the great state of california.