Last week, Labour chickenshitted out on a wealth tax, with Prime Minister (for now) Chris Hipkins ruling it out as long as he holds office (which sortof suggests a solution, doesn't it?) But taxing wealth to build a more equal Aotearoa wasn't the only thing they chickenshitted out on - they also refused to break up the rapacious supermarket duopoly which is robbing us blind. Why? Largely it seems because they'd get the blame if it went wrong, and so they'd rather let Foodstuffs and Progressive keep screwing us than do anything about it. And today, there's the icing on the cake: a consultants report advising that the government's current half-measures are ineffective and will condemn us to another 20 years of supermarket robbery:
The Government’s much-touted reforms of the supermarket industry are unlikely to result in a material improvement in competition, according to its own advisers.Crushing the supermarket duopoly and limiting its excess profits is something that would have a huge effect on the cost of living, and on poverty. But Labour just won't do it, because they're chickenshits afraid of upsetting the status quo. "In it for you"? You be the judge...Instead, without additional action, consumers can expect little to change for the better over the next 20 years, with a risk that the variety of products stocked by the supermarkets will continue to reduce and that supermarkets’ gross profit margins will continue to rise, ministers have been told.
