capitalism
Categories under capitalism
- discrimination (82)
Giving away the shop for nothing
Written By: - Date published: 9:29 am, July 29th, 2015 - 144 comments
We are giving away the shop and we don’t know what if anything we will get in terms of dairy access yet. Our negotiators have signaled that they are weak. And even if we get what we want it is probably worth bugger all anyway.
The great Chinese sharemarket selldown
Written By: - Date published: 11:48 am, July 28th, 2015 - 70 comments
The Chinese Stock market sell off has started again a couple of weeks after rather desperate measure were put in place. The question has to be what will the Government do now?
National’s week from hell
Written By: - Date published: 8:30 am, July 26th, 2015 - 43 comments
This was the week from hell for National when they experienced the Serco fiasco, news that they responded to a suggestion they close a failing Charter School by giving it more money, the Judicial spanking of their undermining of the Problem Gambling Foundation and the ruling that their legislation removing the rights of some prisoners to vote was a breach of the country’s human rights.
Andrew Little: TPPA no way …
Written By: - Date published: 7:23 am, July 24th, 2015 - 180 comments
Andrew Little has outlined five bottom lines that have to be met before Labour will support the Trans Pacific Partnership Agreement. These include protecting Pharmac, no investor state dispute resolution procedure, New Zealand retains the right to restrict land sales to overseas entities, the Treaty of Waitangi is upheld and there are meaningful gains for farmers in tariff reductions and market access.
Auckland house prices – the good ol’ days ’05
Written By: - Date published: 7:14 am, July 17th, 2015 - 58 comments
Home ownership rates have been crashing since the 1990’s. Auckland house prices have been classed as “seriously unaffordable” since 2006 or earlier. The answer is to make sure that houses are no longer considered a financial asset for capital gains.
GFC 2 in the oven: trillion dollar bailouts
Written By: - Date published: 7:06 am, July 10th, 2015 - 26 comments
Trillion dollar bank bail outs, interest rate apartheid and GREXIT. The ingredients for GFC 2 and another round of shock capitalism are quietly simmering. Graphic is of what US$1B looks like in printed notes.
Slash Greek debt now!
Written By: - Date published: 7:00 am, July 8th, 2015 - 222 comments
Europe must agree to slashing Greece’s debt so that economic growth can begin again. Germany should understand this better than most.
Common People; Yanis Varoufakis is all Class.
Written By: - Date published: 11:21 am, July 7th, 2015 - 81 comments
The Greek Finance minister has unexpectedly quit. He had already said he would resign if the referendum was lost; nobody expected that he would go after such a stunning win. But it was the strategically correct thing to do. Why can’t some of the veterans in the NZ Labour Party take the hint?
The Greek referendum
Written By: - Date published: 5:00 am, July 6th, 2015 - 302 comments
Update: the No vote is predicted to win a resounding victory with 61% support of the total valid vote.
Toil and Trouble.
Written By: - Date published: 2:22 pm, July 5th, 2015 - 46 comments
In the hope of some informed comment…
Greece – damned if they do
Written By: - Date published: 11:20 am, July 2nd, 2015 - 124 comments
Secret documents seen by The Guardian describe just how bad things will be for Greece if they accept the demands of the IMF / “troika”.
New Powers to Ministers to screw Iwi
Written By: - Date published: 10:19 am, July 2nd, 2015 - 25 comments
The Social Housing Reform (Transaction Mandate) Bill allows designated Ministers to sell off state houses. Currently Housing New Zealand has no such power. Interestingly however this Government could introduce a Bill with criteria to enable sales to be signed off by the CE of Housing New Zealand but instead they are seeking that power for themselves. But within it there is a fishhook for iwi. UPDATE: comment from Turei and response from Bennett
Greece defaults
Written By: - Date published: 12:18 pm, July 1st, 2015 - 179 comments
As the last Global Financial Crisis taught us, we’re in for another round of protecting the banks and letting the people suffer.
Greece and the Euro crisis
Written By: - Date published: 9:47 am, June 30th, 2015 - 162 comments
The invisible hand of the market is busy punching itself in the face today. Some observations on Greece and the Euro crisis, from the factual to the fun, courtesy of Twitter this morning.
Youth rates and youth employment
Written By: - Date published: 12:00 pm, June 29th, 2015 - 43 comments
Remember how National’s youth rates were going to raise levels of youth employment? Turns out not so much.
Inequality – Treasury report
Written By: - Date published: 7:22 am, June 29th, 2015 - 22 comments
Last week Treasury came out with a detailed and interesting report, Inequality in New Zealand 1983/84 to 2013/14. It is no surprise to find that the last Labour government acted to reduce inequality, the current National government has acted to increase it.
Older white men paid double young ethnic women
Written By: - Date published: 3:00 pm, June 28th, 2015 - 166 comments
That’s not my headline. That’s Stuff’s business section’s headline.
An open letter to Andrew Little
Written By: - Date published: 6:08 pm, June 26th, 2015 - 433 comments
A respectful open letter to Andrew Little with suggestions for how to win the next election!
Universal Basic Income Experiment
Written By: - Date published: 10:52 am, June 26th, 2015 - 97 comments
Income in a world of climate change.
Sacrificing mental health to dragons
Written By: - Date published: 10:00 am, June 26th, 2015 - 44 comments
The Labour Party has had a sneak peek at the process our government is using to pick “providers” for its mercenary social impact bonds scheme, and it’s like something off television.
As the economy stalls it’s a great time to be a bank!
Written By: - Date published: 10:18 am, June 24th, 2015 - 34 comments
Ho ho – what am I saying? It’s always a great time to be a bank.
The death of trickle down economics and the mess we’re in
Written By: - Date published: 7:11 am, June 17th, 2015 - 139 comments
Trickle down economics is pronounced dead by the IMF. Housing, the working poor and the economy – the policy settings are wrong everywhere.
Pope Francis on Climate Change
Written By: - Date published: 1:07 pm, June 16th, 2015 - 66 comments
No beating about the bush.
Deadly “social bonds”?
Written By: - Date published: 11:57 am, June 16th, 2015 - 56 comments
The Nats want to turn over social problems to the private sector for profit. This account from the UK should give them pause.
Ghost houses and the invisible hand
Written By: - Date published: 7:01 am, June 16th, 2015 - 243 comments
Auckland has an urgent deficit of 20,000 to 30,000 houses. Meanwhile 22,000 houses are sitting empty. Behold the efficiency of the market!
The third way according to Tony Blair
Written By: - Date published: 9:06 am, June 14th, 2015 - 70 comments
Supporters of Tony Blair’s third way and the need for Labour to be aspirational should reflect on recent reports of his huge wealth earned with taxpayer support while he has been engaged on official business.
The TV3 boycott
Written By: - Date published: 8:06 am, June 13th, 2015 - 121 comments
Boycotts are a two-edged sword. The call to boycott TV3 is not a simple matter.
White Man Behind A Desk: Social Bonds
Written By: - Date published: 4:26 pm, June 12th, 2015 - 13 comments
White Man Behind A Desk on the death of government, social bonds, and more. Perfect for a Friday!
TPP designed to cripple our health system
Written By: - Date published: 10:31 am, June 11th, 2015 - 80 comments
“[The TPP] appears to be designed to cripple New Zealand’s strong public healthcare programme and to inhibit the adoption of similar programmes in developing countries.”
Flip Flop isn’t just another word for a Jandal
Written By: - Date published: 7:08 am, June 9th, 2015 - 69 comments
IN a breaking news update, the New Zealand Prime Minister has a revelation on Health and Safety
Recent Comments