The Forum > Article Comments > Beware the Green/Labor 'super profits' tax – it could be coming to ruin an economy near you > Comments
Beware the Green/Labor 'super profits' tax – it could be coming to ruin an economy near you : Comments
By Graham Young, published 29/8/2024The super profit is thought to be 'surplus to requirements' so the government might as well take it away and redistribute it to someone who needs it.
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Hebrew, Psychology Trained, Nephew of Freud- Edward Bernays is said to be the one who invented the concept of emotional consumerism going from a "needs based economy" to a "desires based economy". When people come from the same culture people have more similar consumer needs, and mass production is able to produce those needs at the lowest unit cost. So for at least two reason's the Australian cost of consumption has increased 1. needs to desires, 2. monoculture to multiculture, 3. could be others.
Another way to produce 'needs' at a lower per unit cost is to focus on alternatives that have a longer non- refrigerated shelf life- this means less waste. It's been said that the UK wastes 50% of all it's food. Surely in Australia with less extreme temperatures than other parts of the world basic housing can be more 'cost effective' and 'stable' with less 'red tape'. Of course with massive immigration it's hard for housing to be stable