capitalism
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$6K bill for Key’s kowtowing to Warners
Written By: - Date published: 12:00 pm, December 10th, 2010 - 18 comments
OIA papers show how the Nats prostrated themselves for Warners. $6K was spent treating the movie execs like foreign dignitaries – ministerial cars, customs ‘facilitation’. Nats wanted to “present an image of an effective government that is worth working with“. All they showed was they had fallen for Warners’ hollow threats. Cost us $33 million.
Another handout for bludgers?
Written By: - Date published: 9:40 pm, December 5th, 2010 - 47 comments
Warners bludge $30 mil out of us. Kiwifruit growers get a blank cheque while other firms go under. Farmers have their hands out cause it hasn’t rained. Rich finance investors get us to cover their losses. Now, a $10K a night resort wants us to pay for some royals to stay there. Apparently, it’ll be great value for money – that’s what corporate bludgers always say.
Only greed can save us
Written By: - Date published: 7:18 am, December 3rd, 2010 - 63 comments
Treasury warned on risk of Hobbit hustle
Written By: - Date published: 12:00 pm, December 2nd, 2010 - 15 comments
Remember how Peter Jackson and Warner Bros pulled the old Hollywood shakedown on us? By making a hollow threat to film elsewhere they got an extra $30 million and a law passed just for them. This was supposedly necessary to save a vital economy gain for the country but the Government knew that was bollocks all along.
Key still wants to be Ireland
Written By: - Date published: 10:30 am, December 2nd, 2010 - 64 comments
The other week, Lynn and I made fun of John Key’s dream that New Zealand would become the Ireland of the South Seas. Does he still believe we should emulate the Irish? The answer is yes. Key wants to abandon proper process and speed up work on an international financial centre for New Zealand, just like the one that helped get Ireland where it is today.
Climate change irony for farmers
Written By: - Date published: 11:36 pm, December 1st, 2010 - 121 comments
When they’re not polluting our rivers or fighting animal welfare laws, our farmers, the ‘guardians of the land’, are opposing having to pay for their greenhouse emissions. Now, with the Earth having just clocked up its warmest 12 months since records began, farmers are scratching their heads at the early start to the summer drought.
Unconscionable
Written By: - Date published: 3:00 pm, November 29th, 2010 - 24 comments
It seems I’m not alone in feeling outrage at attempts to bury any sensible debate on the shape and extent of New Zealand’s coal operations
Psychopaths make the best capitalists
Written By: - Date published: 9:28 am, November 26th, 2010 - 223 comments
It’s a special breed of people who can deny workers a cost of living pay increase while pocketing a hundred thousand dollar a week pay cheque. It’s a special breed who can take people’s livelihoods or risk their health and safety to add a few cents to the share price. Research names that breed: psychopaths. Capitalism is built by and for them.
So Sport and Politics Should be Kept Separate?
Written By: - Date published: 2:56 pm, November 22nd, 2010 - 3 comments
Seems Eric Cantona wasn’t listening.
I particularly liked the response given by Valérie Ohannesian of the French Banking Federation who, seemingly devoid of any sense of irony stated that, “One of the main roles of a bank is to keep money safe. This appeal will give great pleasure to thieves, I would have thought.”
Framing the argument
Written By: - Date published: 12:00 pm, November 18th, 2010 - 16 comments
Bill English and brother Conner, CEO of Federated Farmers, share a vision for the world. It’s one where the environment and workers are exploited to the hilt in the name of ‘growth’ and the fruits of that ‘growth’ flow to a privileged elite (like the Englishes). Yesterday rich-boy Conner chided the rest of us with a speech titled “There is no free lunch”
As Nero Fiddles…
Written By: - Date published: 2:00 pm, November 13th, 2010 - 74 comments
Climate change and a shoals of dirty little red herrings would seem to go together like salt and pepper or cheese and pickle.
‘Playing fair’ makes us losers in currency wars
Written By: - Date published: 6:29 am, November 12th, 2010 - 51 comments
The US Government has begun creating new money out of thin air, to inflate away the value of its debt and lower its currency to make its industries more competitive. It’s not the only country. Nearly all the major currencies are engaged in the ‘Currency Wars’, trying to force down their exchanger rates. We’re in the cross-fire doing nothing.
High pay makes elitists view us as serfs
Written By: - Date published: 12:31 pm, November 9th, 2010 - 41 comments
I’ve never really understood the logic of paying CEOs multi-million dollar salaries. Can Telecom’s $7m man, Paul Reynolds, for example, really be worth 100 skilled technicians? Is there no-one who is basically as good who would work for a million or two less? Now, research shows high pay gaps for CEOs actually makes them worse bosses.
Managing Addiction
Written By: - Date published: 2:16 pm, November 6th, 2010 - 32 comments
We’ve had numerous prescriptions claiming to tackle ever growing numbers of social ills, but the elephant in the room; the underlying cause for our problems as a society is always, assiduously ignored. And that means that many of our resources are being wasted (perhaps deliberately) on illusory problems.
Neoliberal dominoes
Written By: - Date published: 9:55 am, November 6th, 2010 - 51 comments
According to some, the very definition of madness is doing the same thing over and over and expecting a different result. In economic terms the world, and NZ, have been doing the same neoliberal economic agenda over and over for the last 30 years. It hasn’t worked. It’s time for a change…
Q&A on The Hobbit – Part 2
Written By: - Date published: 1:30 pm, November 3rd, 2010 - 52 comments
In a highly-charged debate like the Hobbit fiasco, it’s easy to lose sight of the real issue amongst the claims and counter-claims over petty details. In a second post that strips things back to what matters, Blue asks the big question: ‘how exactly did NZ taxpayers end up handing over tens of millions of dollars to Warner Brothers?’
Austerity in the UK
Written By: - Date published: 5:16 pm, November 2nd, 2010 - 63 comments
The UK entered the financial crisis over-committed and under-prepared. They spent billions of taxpayers’ money bailing out the bankers. Now the bills need to be paid, and the new government is embarking on a vicious austerity regime. As usual, the burden falls on the poor…
NZ gets a shake-down
Written By: - Date published: 8:37 am, October 31st, 2010 - 15 comments
From 1999 t0 2009, the economy grew by $8 billion a year. It’s so bad now the Prime Minister hands over $33 million and our sovereignty as soon as foreign capital says ‘boo’. Which international corporate will shake us down next? Maybe if the Nats had a plan for the economy. Then we could stand on our own feet. But they’re asleep at the wheel.
Democratising capital
Written By: - Date published: 10:18 am, October 30th, 2010 - 85 comments
After the Hobbit debacle, no-one can fail to understand the power that those who control capital exercise in a capitalist economy. The system is set up for them, hence the name, and their power is never stronger than during recessions. While capital is unaccountable, we cannot have true democracy and freedom. How can we democratise capital?
Meanwhile, elsewhere.
Written By: - Date published: 1:10 pm, October 29th, 2010 - 22 comments
28% of the population raised out of poverty.
50% growth over a five and a half year period
8.2% growth per annum
Unemployment down from 21.5% to 8.5%
Inflation adjusted wages up by more than 40%
The changes to employment law
Written By: - Date published: 7:36 pm, October 28th, 2010 - 44 comments
The government is currently rushing through changes to employment law.
But the change won’t make any difference to the kind of action Actors Equity took.
So what’s the point?
Caption Contest
Written By: - Date published: 7:39 am, October 28th, 2010 - 25 comments
There was some expenditure that didn’t qualify under the old scheme…We’ve looked to broaden that out. John Key on Warner Brothers, 27 Oct 2010
The price of our hysteria
Written By: - Date published: 8:30 pm, October 27th, 2010 - 180 comments
The Government will give the Hobbit producers an extra $33 million to stay in New Zealand and it’s going to use this ‘crisis’ as an excuse to slam through more anti-worker laws. New Zealand has been played like naive hicks. The Hobbit was never leaving. We let Jackson and his Hollywood mates whip us into a frenzy of fear – now we’re paying the cost.
An invitation to Warner Brothers to be up front
Written By: - Date published: 10:30 am, October 27th, 2010 - 10 comments
Wallace Chapman has a thoughtful Open Letter to the visiting Warner Brothers executives on his blog, inviting them to front up to the New Zealand public: We have a small segment called “Soapbox” and we’d just love you to come over and join us and speak your mind to camera for 60 seconds. We know […]
Lord of the tax breaks: A history of capital flight threats
Written By: - Date published: 7:53 am, October 27th, 2010 - 90 comments
The Hobbit ‘crisis’ is just the latest in a series of capital flight threats from Jackson and Hollywood. We’ll end up paying more to stave off the threat of capital flight because the wider economic benefit makes it worthwhile. Key is trying to talk down how much we can pay but he bears responsibility for talking up the ‘crisis’ to put the boot into unions.
Tax breaks and the Hobbit
Written By: - Date published: 7:06 pm, October 26th, 2010 - 96 comments
From Stuff: A meeting between Warner Brothers and senior government ministers has ended, with studio executives asking for larger incentives to keep The Hobbit movies in NZ. The two-hour meeting, which included New Line Cinema boss Toby Emmerich, ended with no resolution to the Hobbit standoff…
Bending over for Warner Brothers
Written By: - Date published: 11:30 am, October 26th, 2010 - 30 comments
Otago Law Professor Paul Roth says possible law changes by the Key Government to provide more tax-payer funded charity to corporate giants Warner Bros Entertainment is ‘Third-World’ lawmaking and a ‘race to the bottom’ in an attempt to compete against developing nations with little or no labour rights. Roth says if we ‘lie back and prostitute ourselves […]
Key the real target of Hobbit producers’ game
Written By: - Date published: 2:01 pm, October 24th, 2010 - 75 comments
The Hobbit ‘crisis’ is all about money. It’s about the producers of this long-troubled production, who are in financial difficulty, wanting to minimise their up-front costs. The mark in the con is the only one with cash to offer on the scale they need – the Prime Minister. He’s the one with the most to lose and the most ability to pay.
The Hobbit ‘crisis’: cui bono?
Written By: - Date published: 10:00 am, October 22nd, 2010 - 171 comments
Does anyone believe that a $660 million project moves countries over the ‘threat’ of a few actors wanting better standards? Would Jackson really betray NZ when Weta is based here, the casting is underway, and Hobbiton is built? Cui bono, this talk of ‘crisis’: how much will the Government fork over to appease the threat of foreign capital flight?
Why Russell Brown is wrong
Written By: - Date published: 10:58 pm, October 21st, 2010 - 69 comments
Russell Brown’s anti-union take on the Hobbit dispute has been cited by righties all over the internet as “evidence” the union is wrong.
So let’s take a look at what he’s saying and how it matches up with employment law, industrial relations and all the rest of that good stuff.
An understanding of class
Written By: - Date published: 9:20 am, October 17th, 2010 - 52 comments
http://www.youtube.com/watch?v=1mYY1QGK0jQ Here’s John Cleese, Ronnie Barker and Ronnie Corbett in the classic “An Understanding of Class”, a lovely commentary on one of the pillars of capitalism. Since the abandonment of class rhetoric by Labour a few decades ago, we no longer have a lot of class consciousness in New Zealand. Which is a bit ironic […]
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