this post was submitted on 22 Feb 2026
1 points (100.0% liked)

AusSocialism

17 readers
2 users here now

Join in and post about the socialist movement in Australia. You're welcome to share upcoming events, ask about nearby groups, discuss our local conditions and how it applies to our theory and practice, and shine a light on local history and culture.

When posting images and links, consider whether they're relevant to other communities too. If so, post here and then crosspost to them that way we can include the aussies who aren't subscribed to this comm yet.

founded 2 weeks ago
MODERATORS
 

One notable difference in Australia's economic conditions is our near-compulsory superannuation retirement saving funds, and a few people I've talked to consider it to be one of the bigger unique challenges socialist movements will face in Australia.

An important aspect of it is that, assuming one will eventually retire, it attaches millions of working people directly to the stock market, and threats to stock prices can easily agitate workers against a government. In some ways, it systemically blurs class lines in a way which most other countries don't have to deal with.

I've heard one comrade suggest that, so long as super exists, funds could be set up to encourage financial investment in socialist-aligned causes such as worker cooperatives, however I don't know enough to judge how this could play out.

Do you believe superannuation is a notable hurdle to our country's socialist movement? And if so, how should we try approaching it?

no comments (yet)
sorted by: hot top controversial new old
there doesn't seem to be anything here