Written By: James Henderson - Date published: 1:20 pm, April 16th, 2012 - 15 comments
The Right says selling all our stuff and letting the profits flow offshore is great. At least $2b of the asset sales programme will be bought by foreigners. But does overseas investment actually provide the benefits it claims? We don’t know because the government doesn’t monitor the outcomes. The Nats’ obsession with selling our stuff is ideological, without any evidence it’s good for the country.
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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