Jacinda Ardern, New Zealand's Prime Minister: "Capitalism is a blatant failure"

"If you have hundreds of thousands of children living in homes without enough to survive, that's a blatant failure."

The Independent UK, October 2017

New Zealand's new prime minister called capitalism a "blatant failure", before citing levels of homelessness and low wages as evidence that "the market has failed" her country's poor.

Jacinda Ardern, who is to become the nation's youngest leader since 1856, said measures used to gauge economic success "have to change" to take into account "people's ability to actually have a meaningful life".

The 37-year-old will take office next month after the populist New Zealand First party agreed to form a centre-left coalition with her Labour Party. They will be supported by the liberal Greens.

New Zealanders had been waiting since 23 September to find out who would govern their country after national elections ended without a clear winner.

Ms Ardern has pledged her government will increase the minimum wage, write child poverty reduction targets into law, and build thousands of affordable homes.

In her first full interview since becoming prime minister-elect, she told current affairs programme The Nation that capitalism had "failed our people".

"If you have hundreds of thousands of children living in homes without enough to survive, that's a blatant failure," she said. "What else could you describe it as?" ...
Read full article at Independent UK

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