Our government and local bodies are becoming embarrassingly desperate to attract rich people to our country and our cities. Nothing is too much bother; building five star hotels, luxury conference venues, changing our laws so they can cut corners on labour costs for their movies, or just making them New Zealand citizens even though they don’t live here, or even want to live here. Continue reading
A maximum wage – Franklin D Roosevelt first called for it, Bernie Sanders called for it, and now 75 years after Roosevelt, Jeremy Corbyn, leader of the UK Labour Party, has called for it. It’s long overdue.
Corbyn says, “What we cannot accept is a society in which a few earn in two and a bit days what a nurse, a shop worker, a teacher do in a year. That cannot be right.” Continue reading
The British people are struggling. They are hurting. And they have lashed out in the only way open to them right now – voting to leave the European Union.
Like New Zealand, Britain has never recovered since neoliberalism popped up, seemingly out of the blue, and caught us unawares in the Thatcher years (Rogernomics in our case). Under neoliberalism, cunning corporates managed to get the rules changes so that the rich get richer, those in the middle get poorer, and the poor miss out altogether. Continue reading
On 5th June Switzerland will become the first country to vote on a universal basic income. It is a timely referendum. One of the main arguments for a UBI is that technological advances mean we face a future where there will not be paid employment for everyone. And that ‘future’ may be upon us. Continue reading
For years we have been told “there is not enough money” for elective surgery, for social services, for free education, for a decent income for everyone.
This is not true. There is enough money. But it is being spent on other things. Continue reading
Not too long ago houses were for living in and property was for doing something productive with. But these days, property is seen as something to make money out of just by owning for a while then selling.
It is a problem. Every time someone buys a house they don’t intend to live in, land they don’t intend to farm, or a commercial premise they don’t intend to run a business in, they make it that much harder for people who need a home, want to be farmers or to run their own business. Continue reading
Does New Zealand really need more multinational corporations and mega-wealthy people setting up shop here?
The government’s recently announced plans to develop ‘the New Zealand Investment Attraction Strategy’ with the aim of attracting multinational corporations and wealthy entrepreneurs to New Zealand is hardly innovative thinking. The idea that our future prosperity depends on convincing the very wealthy to live here and multinationals to relocate their research and development facilities here is a slap in the face to local innovators and businesses. And to universities and government research centres that struggle for funding. Also ironic, given the billions of dollars in our superannuation fund, ACC funds, and Kiwisaver scheme which are largely invested overseas. Continue reading