Written By:
Mike Smith - Date published:
8:30 pm, September 7th, 2012 - 10 comments
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Brian Easton will introduce the Fabian Society Light-handed Regulation Series at Connolly Hall, Guildford Terrace, Wellington, on Monday 10 September at 5:30pm. Brian’s presentation will look at light-handed regulation and its effect on work safety, finance sector, energy sector and construction and building.
Brian will argue that light-handed regulation has led systematically to a lack of safety in the workplace, monopolistic profits, the loss of private savings, and badly constructed buildings which have caused widespread economic waste, serious personal misfortune and even death. Brian will argue for a modernising left approach to regulation as a response to the above disasters. His paper is a significant contribution to what is an extremely important issue. If you wish to come, please register here.
Other presentations in the series will be on
All will be at Connolly Hall at 5:30pm.
These events will be timely as the Report of the Royal Commission into the Pike River mine disaster is expected to be delivered in late September, and the Report on the Cantebury Earthquake disaster on13 November. The anniversary of the 1987 stockmarket crash is 19 October.
The current rise of populism challenges the way we think about people’s relationship to the economy.We seem to be entering an era of populism, in which leadership in a democracy is based on preferences of the population which do not seem entirely rational nor serving their longer interests. ...
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Arrgghh – what about Auckland?
Werry, werry Gut!
What about too “lighthearted management” of the whole country? May add a bit of a lecture to that?
It seems to me that the NAct government employs a mixture of dictatorship and light-handed regulation.
Dictatorship of the macro mechanisms available to government, and then light-handed regulation on more specific areas, leaving it to the market to cream off profits by pilfering from the least well-off and least powerful.
http://www.greens.org.nz/press-releases/no-democracy-canterbury-until-2016
http://www.labour.org.nz/news/broken-promise-another-two-fingered-salute
Carol, cant tell if you are right about “a mixture of dictatorship and light-handed regulation”. I can tell you how it feels in business though: no difference between the Key and Clark regimes. There is a lot of noise but on the ground neither have done much.
We do have a lower tax regime with Nact prefering to run up debt to pay for tax cuts on a lower tax take. From a business owner viewpoint this may be a mixed blessing, we will probably accentuate the business slowdown, and with it will come cuts in government expenditure. Then there is the drop in consumer expenditure…..
thatcherim reagonism rogernomics bushes tories republican all say they can balance the books but all they have ever done is run up mountains of debt and blame every body else especially the poor.
“Light handed regulation” sounds like a Crosby Textor smoothly framed good thing. If its irony, it’ll be too subtle for most Kiwis I reckon. It should have been framed as “Lazy regulation” or “Weak kneed regulation” or “Regulation by peeps who hate meeting real standards”. Or something.
Its directly from the “City of London”
neglecting good economic management if we had regulated when the labour govt put forward legislation 2003 (circa) we would ber in a far better place now.
its like not putting the shark nets out in summer.
It can start a feeding frenzy.
Thats the economic lunacy of Neo Liberalism.
The free market is a wild beast.
Discribed as either bull or bear both out of control.
It needs to be harnessed not aloud free reign to maxmimise the benefit for all not just a few lucky ones.
oops, this is the man i referred to by an incorrect name in a comment post; Brian Easton, Wow!
The science of civilised bahviour is well documented.
It’s not a questions of light or heavy handed , it’s a question of “Appropriate”.
Which is as much about time frames and open minded civilised observation and a simple ability to accept the regulation has become outdated, and needs revision.
What these people are passing off as “Light Handed” is in fact non existent, because they have systematically ripped up those Civilised regulations. And replaced them with a “Anything goes” rhetoric.