The smiling, clueless face of capitalism has had a big week | Greg Jericho

Australia shouldn't get too smug about Donald Trump Jr's tone-deaf Halloween tweet. We have our own capitalist idiocy

On becoming New Zealand's prime minister, Jacinda Ardern said that capitalism was a blatant failure, and in light of the deluded positions taken by proponents of capitalism and free markets this week it is hard not to agree.

Ardern's comments are revealing in how she framed the question. She suggested, "If you have hundreds of thousands of children living in homes without enough to survive, that's a blatant failure. What else could you describe it as?"

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