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Political orthodoxy and economic reality

Written By: - Date published: 9:46 am, February 13th, 2012 - 68 comments

economy-bad-shape

Capitalism is good. Globalisation is good. It’s political orthodoxy. But is it matched by economic reality? Perhaps not. Recent pieces by Bernard Hickey and Gordon Campbell give us plenty to think about…

Greek democracy

Written By: - Date published: 8:20 am, November 3rd, 2011 - 82 comments

greek democracy

So, a government says that the people will have the say on its budget, and global markets plunge. Was there ever a clearer sign that the interests of the capitalist elite and the people are at odds, and the capitalists know it? It’s interesting that Papandreou has chosen to force a crisis and headed off a coup. Around the world, ordinary people want radical change.

We are all socialists now

Written By: - Date published: 9:09 am, August 27th, 2011 - 64 comments

socialist-key

According to John Key all New Zealanders have a socialist streak.  But wait, there’s more…

Wealth creators

Written By: - Date published: 7:48 am, August 27th, 2011 - 79 comments

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Extracts from an article by Dr Campbell Jones (Senior Lecturer in Sociology, University of Auckland).  Who creates wealth?  Is wealth evidence of merit?

Why Revolutions Stumble and Fall

Written By: - Date published: 12:28 pm, February 15th, 2011 - 25 comments

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Democracy doesn’t suddenly magically appear as though from a conjurers hat. We know that, right?  So why are revolutions seeking democracy  D.O.A?

Hickey sees the light

Written By: - Date published: 12:49 pm, September 29th, 2010 - 71 comments

bernard hickey

Bernard Hickey, one of the country’s leading economic commentators, was a hardline neo-liberal – ie. the market is god. Now, he’s changed his mind. He’s come to the realisation that there’s no invisible god’s hand directing capitalist markets. Instead they are directed by short-termist elites. We need to take back control.

Meanwhile, in some good news…

Written By: - Date published: 7:40 am, September 28th, 2010 - 11 comments

cuba

While the Anglo – Saxon or English speaking left seems unable to shake  a deep malaise that began afflicting it some thirty years ago, the left in the Spanish speaking world is making some remarkable strides forward.

China rising

Written By: - Date published: 9:37 am, September 25th, 2010 - 35 comments

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The idea of The Chinese Century has been around for a long time now.  But a couple of articles that caught my eye recently make me think that the start of that century is well and truly upon us.

Why Socialism? – Albert Einstein

Written By: - Date published: 6:53 am, July 24th, 2010 - 39 comments

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Albert Einstein’s essay “Why Socialism?”, originally published in the first issue of Monthly Review (May 1949).

Socialist football

Written By: - Date published: 1:16 pm, July 8th, 2010 - 31 comments

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I thought Germany were going to power in to the finals – but Spain had other plans! Funny old game. According to football legend John Barnes the best football teams are socialist in nature. They play for each other, and individual brilliance is often subservient to the common good…

Socialism is Democracy

Written By: - Date published: 4:30 pm, November 11th, 2009 - 59 comments

This hilarious stoush between Moore and CNN’s Wolf Blitzer is worth a look too. Hat tip: The kids at the Workers Party.

Labour needs to get back to its roots

Written By: - Date published: 8:00 am, September 12th, 2009 - 106 comments

Goff is using Labour’s national conference to swallow some dead rats, distancing himself and the party from the social reform agenda of the previous Labour government. Good. People like the socialist element of Labour’s agenda – retention of public assets, nationalisation of important infrastructure (Kiwirail), intervention in failing markets (eg Kiwibank), redistribution of wealth, stronger …

Capitalism losing its allure

Written By: - Date published: 9:09 am, April 13th, 2009 - 36 comments

The capitalist doctrine sure has taken a beating lately. Not only have its raw excesses created a global crash which shows no signs of abating, not only has it been bailed out and propped up everywhere by nationalisation and trillion dollar taxpayer funded handouts, but now it seems that the people are starting to lose …

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