capitalism

Categories under capitalism

The Trump Shock: Why the US President Crashed the Global Economy

Written By: - Date published: 3:28 pm, April 11th, 2025 - 19 comments

There is a method to Trump’s “Liberation Day” tariff madness. The chaos and confusion is deliberate; the aim is nothing less than the controlled disintegration of the world economy, writes Elliot Crossan. The eyes of the world are on Donald Trump once again. The world’s most successful attention-seeker has us all transfixed. It’s a story […]

The World Turned Upside Down (again)

Written By: - Date published: 4:52 pm, March 19th, 2025 - 73 comments

The world is in turmoil as political and economic uncertainty grow, and as conflict spreads. How the Left prepares for the next decade is a pressing challenge.

Is NZ as Stable as Luxon Claims?

Written By: - Date published: 8:14 pm, March 15th, 2025 - 13 comments

By pursuing cuts, selling off assets to multinationals, enabling ACT’s attacks on the Treaty and cutting back on climate commitments, Luxon is guaranteeing that NZ will not be stable for long, writes Elliot Crossan.

Going for poverty: National’s new procurement rules

Written By: - Date published: 6:51 am, March 13th, 2025 - 35 comments

Nicola Willis is picking a fight with unions and environmental groups by proposing changes to Government procurement rules that would do away with environmentally beneficial policies and the requirement to pay the living wage.

Where Is the Resistance to Privatisation and Austerity?

Written By: - Date published: 5:19 pm, March 11th, 2025 - 13 comments

As the Coalition moves to partially privatise our healthcare system, and Seymour fatally undermines the free school lunch programme, it is time for us to take to the streets and fight back, writes Elliot Crossan.

Capitawism

Written By: - Date published: 6:14 am, March 1st, 2025 - 1 comment

“Socialism only sounds good in theory!”

Its the end of the Media as we know it …

Written By: - Date published: 10:42 am, February 28th, 2025 - 42 comments

Two recent media related stories made me wonder if there was now formal acknowledgement that the concept that media should fearlessly and impartially report the news is now dead.

This govt. legislation will change our country like never before – learn about it like your country depends on it – because it does

Written By: - Date published: 8:34 am, December 21st, 2024 - 12 comments

Just after Christmas, submissions on the Treaty Principles Bill will close. But a far more sinister Bill underlles it all… and Seymour is hoping you might not notice

Tax and the Splintering World

Written By: - Date published: 3:38 pm, December 5th, 2024 - 30 comments

The resurgence of the tax debate reflects impacts of neo-liberal economic policy and developments in the global economy over the last half century. As Labour considers further its approach to tax policy, this wider context should be considered

If Seymour succeeds what happens to Ngāpuhi’s Treaty claim?

Written By: - Date published: 1:49 pm, November 27th, 2024 - 3 comments

If David Seymour’s Treaty Principles Bill is passed it may complicate Ngapuhi’s outstanding claim.

The Left Trumped?

Written By: - Date published: 9:42 am, November 21st, 2024 - 36 comments

We woke up last week to the post-mortem on the US election. How and why Trump won, and their implications for political alignments everywhere, are front and centre. A fundamental issue, explicitly identified when Trump won in 2016, is the presence of large sections of the working class vote into the Trump camp. So why has that happened – again?

Doomed?

Written By: - Date published: 7:03 am, October 21st, 2024 - 62 comments

“We’re doomed” was Private Frazer’s inevitable response to any crisis in “Dad’s Army”. One might stray into such despondency when considering the external context in which New Zealand finds itself, then considering what we are doing as a nation to respond. Nigel Haworth looks at where we are at.

New Zealand treats the wealthy better than comparable nations

Written By: - Date published: 10:51 am, September 19th, 2024 - 26 comments

A recently Tax Justice Aotearoa study suggests that the country could impse a capital gains tax or wealth tax and the wealthy would still be better off than they would be in similar countries.

We should have kept the power company shares

Written By: - Date published: 8:19 am, August 9th, 2024 - 29 comments

Shane Jones, went onto radio yesterday and pledged a solution to high power prices. What are his chances and why are we in this mess?

The Promises of Lange, Moore, Bolger, and the WTO

Written By: - Date published: 9:15 am, August 4th, 2024 - 26 comments

In 2024 we ought to ask if the economic reforms of the 1980s and 1990s has delivered on what was promised. 

Anti-Muslim, anti-black, pro-Zionist: UK Labour goes for purge

Written By: - Date published: 4:44 am, June 2nd, 2024 - 10 comments

I attended Faiza Shaheen’s impressive candidate launch in Chingford four years ago. She aimed to take on IDS and she dented his majority. Reselected two years ago by the local Labour Party, four days ago she was deselected by a 3-person kangaroo court from the party’s National Executive Committee.
Update: Faiza Shaheen to stand as an independent in Chingford.

Making up for lost time

Written By: - Date published: 8:34 am, May 22nd, 2024 - 39 comments

Guest post by Nigel Haworth where he discusses Labour membership’s desire for taxation reform and why it is important that Labour decides on its position as soon as possible.

Are we drifting away or falling apart?

Written By: - Date published: 1:53 pm, May 18th, 2024 - 16 comments

What is the antidote for our socio-economic problems and how do we deal with this coalition government?

On Newshub and economic voice

Written By: - Date published: 1:21 pm, April 14th, 2024 - 16 comments

Nigel Haworth writes on some of the historic implications and strategy of the worker plans for companies in the context of the worker initiated initiatives for allowing Newshub to survive.

Uber Drivers in Court of Appeal

Written By: - Date published: 2:24 pm, March 19th, 2024 - 3 comments

Uber Drivers are in the Court of Appeal today. Uber is appealing against Employment Court decision they they are employees with worker rights. Its a no-brainer, so they are and should have them.

Luxon on rents – another National economic idiot

Written By: - Date published: 2:06 pm, March 14th, 2024 - 30 comments

I was incredulous that this lummox Christopher Luxon had ever paid attention during even a basic economics course. Landlords aren’t going to pass any cost reductions on to tenants in rent values. They charge new tenants the rental rates that the market can bear. In the absence of significiant new housing or a reduction in population, that is directly related to what tenants can afford to pay

National’s credibility is on the line

Written By: - Date published: 9:30 am, September 2nd, 2023 - 40 comments

When the history of the 2023 New Zealand Aotearoa general election is written and if Labour gets up to win historians will point to the events of this week as the turning point in what has already been a dramatic year in politics. Because I cannot believe how bad National’s tax cut policy release has been researched and structured and how bad its release is going.

The end of the post war boom

Written By: - Date published: 7:56 am, January 11th, 2023 - 87 comments

Tendancy for the rate of profit to fall

Throughout my time being active in politics, people have discussed the rise of Neo-Liberalism and the free market that occurred throughout much of the world from the late 1970s onwards. Yet few seem to really understand the reasons for this significant shift in economic policy at that time, which continues to shape our society today.

In praise of Michael Hudson

Written By: - Date published: 3:32 pm, November 3rd, 2022 - 39 comments

82-year old polymath Michael Hudson is my favourite economist. He currently lectures in China to million-strong audiences. His latest book is The Destiny of Civilisation: Finance Capitalism, Industrial Capitalism or Socialism. His latest article is well worth a read.

Should our future lie with NATO?

Written By: - Date published: 3:23 pm, June 21st, 2022 - 62 comments

Not content to stay in the North Atlantic, NATO is shortly about to reveal in Madrid its next ten-year plan to contain China. Jacinda Ardern will be there, who knows why. Are we nailing our colours to a flag at half-mast?

Everyone is over Covid

Written By: - Date published: 8:46 am, February 22nd, 2022 - 134 comments

Jacinda Ardern said yesterday that everyone is over Covid.  She is right.  We all want this to end.

Chloe Swarbrick Needs A Reset

Written By: - Date published: 11:01 am, February 10th, 2022 - 42 comments

Chloe Swarbrick has requested that the government help Auckland central’s restaurants.  But in a post Covid pre climate change world this is not going to help.

What about those neat capital gains on housing, eh?

Written By: - Date published: 12:48 pm, January 14th, 2022 - 184 comments

Labour are doing the things about the housing crisis they said they would. It’s not working.

It’s Time.

Written By: - Date published: 2:46 pm, January 10th, 2022 - 324 comments

In seven or eight days from now, the dutiful lackeys of the NZ government and the public health dept they direct, are set to come after every child in NZ between the ages of 5 and 12 with injections of m-RNA to hand.

The 2022 Economic Boom

Written By: - Date published: 11:18 am, December 12th, 2021 - 23 comments

New Zealand is seeing a strong, business-led recovery.  But what will we do with this success?

Class oppression and discrimination

Written By: - Date published: 12:45 pm, November 27th, 2021 - 79 comments

A brief analysis of power.