Still waiting for your definitions of Socialism and Capitalism and free markets.
Btw the Key govt ran straight line deficits .It suspended funds for the Cullen Fund,tried to stymie Kiwibank,halved contributions to Kiwsaver ,neglected health infrastructure and basically kicked the can down the road regarding the housing crisis.
No surprise to see Honky Tonks turn up as Chair at the ANZ and Simon Powers at Westpac.
For the few at the expense of the..many Natz 101.
As for NZ Govt indebtedness it is modest compared to most OECD countries.
Purchasing private assets supposedly refers to housing developers selling to Govt so what!
Compare that to the privatisation of sovereign High Country Pastoral leases ,snapped up by Key,Thiel and other priveleged bidders.