capitalism

Categories under capitalism

Time to wake up to the Electricity Authority

Written By: - Date published: 8:30 am, May 29th, 2016 - 46 comments

The Electricity Authority is planning hearings on proposals that will mean that Rio Tinto will save money on electricity charges but people living in Auckland and Northland will pay more.  Time to make your voices heard.

Guest Post: Dancing to the Neo-Liberal Songbook

Written By: - Date published: 10:19 am, May 23rd, 2016 - 25 comments

In a guest post, regular commenter Tony Veitch takes some learnings from Noam Chomsky’s latest documentary Requiem for the American Dream. The neo-liberal plan has been in place for over thirty years. How come we’re only just starting to understand it?

We’re going to burn it all, until we burn it down.

Written By: - Date published: 12:11 am, May 20th, 2016 - 173 comments

What does it really mean to reduce NZ’s total fossil fuel use by 50% by 2030: a warm up discussion for an upcoming thought experiment.

Key to Homeless: You Can Stay at Mine

Written By: - Date published: 9:08 am, May 18th, 2016 - 54 comments

Prime Minister John Key has today announced a radical plan to solve the housing crisis. The homeless are now welcome to go flatting with him in his Parnell bach. The plan includes draining the swimming pool and subdividing it into flats, putting hammocks in the palm trees and making soup in the pool cabana’s kitchen. Max Key may have to move out to make way for the homeless, but the PM described that as a painful sacrifice he was now willing to make in the light of his son’s most recent social media posting.

NZ fishery catch 2.7 times reported – new study says

Written By: - Date published: 9:30 am, May 16th, 2016 - 15 comments

“The findings also reveal how the Quota Management System, despite its intentions and international reputation, actually undermines sustainable fisheries management by inadvertently incentivising misreporting and dumping,” University of Auckland’s Dr Glenn Simmons said.

Make the TPP a Conscience Vote

Written By: - Date published: 6:29 pm, May 15th, 2016 - 84 comments

Last week, Andrew Little gave Phil Goff permission to vote with National for the TPP. Bryan Bruce asks if it is time for all MPs to be given a conscience vote on the TPP.

Take action on tax haven corruption? NZ says – meh

Written By: - Date published: 3:04 pm, May 14th, 2016 - 51 comments

The Nats are all over the place on this, and they’re trashing our reputation in the process.

Competition lapdog a cert to approve newspaper monopoly

Written By: - Date published: 7:43 am, May 14th, 2016 - 43 comments

“The newspaper market is buggered anyway. I wouldn’t expect we will have any daily newspapers in ten year’s time,” says Brian Gaynor.

Laundering earnings vs laundering money

Written By: - Date published: 4:49 pm, May 13th, 2016 - 35 comments

When a corporation launders its earnings in a tax haven, it is completely upfront about where the money came from and who it belongs to, which differentiates the activity from “money laundering.”

It Feels Kinda Half Baked.

Written By: - Date published: 11:06 am, May 13th, 2016 - 26 comments

Maybe you didn’t hear that this week is NZ sign language week…

Fixing the tax haven – what’s the downside?

Written By: - Date published: 10:37 am, May 13th, 2016 - 75 comments

Fixing our tax haven loopholes is easy but Key won’t act. Why?

What the TTIP teaches us about the TPP

Written By: - Date published: 9:40 am, May 13th, 2016 - 11 comments

TTIP, TTPA, same game around the globe, a take-over by American corporations, with the rights of the public held in no regard whatsoever.

National Party President selling out?

Written By: - Date published: 12:09 pm, May 12th, 2016 - 14 comments

The $25 million deal prompted considerable curiosity because it involved an off-market purchase of shares from Sanford’s second biggest shareholder, Avalon Investment Trust, which is run by the family of Peter Goodfellow.

John Key’s dead cat strategy

Written By: - Date published: 9:14 am, May 12th, 2016 - 52 comments

National is hoping to avoid a proper debate about issues raised by the Panama Papers by raising a series of idiotic diversions.

Fairfax and NZME and merger talks on

Written By: - Date published: 9:57 am, May 11th, 2016 - 13 comments

As previously discussed here, bad for the media, bad for democracy.

Key lashes out with the smears over tax haven status

Written By: - Date published: 9:36 am, May 11th, 2016 - 122 comments

Key was disgraceful in parliament yesterday, doing his buffoon act to try and trivialise the tax haven issue, and lashing out with the smears.

APN Fairfax NZ merger?

Written By: - Date published: 9:31 am, May 10th, 2016 - 20 comments

A healthy democracy requires a healthy media, and in NZ both are getting sicker.

John Key vs the world

Written By: - Date published: 7:02 am, May 10th, 2016 - 22 comments

Is John Key the only international leader defending tax havens? Includes bonus international media round up of yesterday’s revelations.

Key’s Lawyer is a Mossack Man

Written By: - Date published: 6:44 am, May 10th, 2016 - 50 comments

Despite the PM’s assurances, it turns out the his lawyer had direct links to Mossack Fonseca. And so did everyone else in the room when Todd McClay was successfully convinced to drop the IRD review into foreign trust. Someone’s been telling porkies …

The link between tax havens, criminals and the amoral rich

Written By: - Date published: 2:23 pm, May 9th, 2016 - 162 comments

“The Panama Papers issue is either illegal, or verging on illegal, it’s tax evasion, rather than tax avoidance,” Brash said.

NZ exporting poverty

Written By: - Date published: 8:23 am, May 9th, 2016 - 15 comments

By enabling tax evasion for the rich in other (notably South American) countries NZ is exporting poverty. It’s all perfectly legal. And that’s exactly the problem.

If we tax the multinational corporations will they leave?

Written By: - Date published: 8:27 am, May 8th, 2016 - 151 comments

Rodney Hide thinks that making multinational corporations pay their fair share of tax will make them leave.

Why was John Key singled out by Panama Papers hacker?

Written By: - Date published: 1:03 pm, May 7th, 2016 - 169 comments

Why, out of all the rotten, corrupt and unprincipled nations of the earth, did the Panama Papers hacker single out New Zealand’s John Key for special mention?

Panama leaker’s statement singles out John Key

Written By: - Date published: 10:31 am, May 7th, 2016 - 162 comments

Over night the Panama Papers leaker “John Doe” released a “manifesto”.

In it he/she mentioned just one national leader by name, singling out our very own John Key, for his “curious silence”…

Another Panama dump on NZ links

Written By: - Date published: 6:00 pm, May 6th, 2016 - 80 comments

Australia’s Financial Review has just published more details of NZ’s starring role as tax haven in the Panama Papers.

Update: Claims that Key’s lawyer never dealt with Mossack Fonseca seem to be – untrue.

Talleys Jump the Shark!

Written By: - Date published: 9:36 pm, April 28th, 2016 - 68 comments

The truly awful Talley’s group have just taken NZ employment relations back a century or two by trying to get the Employment Court to gag the Meat Workers Union. Talley’s regard freedom of speech as a breach of good faith. They also want the union’s Darien Fenton barred from doing her job. Is it too soon to take Sir Peter Talley’s knighthood away from him?

Key’s land tax – too weak

Written By: - Date published: 7:11 am, April 28th, 2016 - 76 comments

Reaction to Key’s land tax has been luke warm at best, with strong calls for more effective action. Labour is promising “a ‘tidal wave’ of big housing reforms”…

Stalled global economy and helicopter money

Written By: - Date published: 10:08 am, April 20th, 2016 - 21 comments

The global economy has been stuck in an ongoing crisis since 2008. Printing more money won’t fix it, but it looks like we’re going to try it anyway.

Towards a new economic order

Written By: - Date published: 8:40 am, April 17th, 2016 - 222 comments

George Monbiot in the Guardian gives a precise and accurate description of neoliberalism and asks the question why has the left not come up with a modern alternative?

Panama papers – the dark side in a nutshell

Written By: - Date published: 8:13 am, April 15th, 2016 - 77 comments

terrorism civil liberty and tax evasion

What tax evasion robs us of

Written By: - Date published: 10:47 am, April 14th, 2016 - 43 comments

An interesting piece in The Guardian looks at the costs of tax evasion, and how (in America) the missing funds could be used to fund a UBI.