capitalism

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discrimination (83)

Tax Working Group report depressing reading

Written By: Simon Louisson - Date published: 6:10 pm, September 21st, 2018 - 66 comments

The Tax Working Group says the gaping holes in our tax system make it unfair and undermine its integrity, but the prospect of the electorate embracing even its limited recommendations on taxing capital gains make for depressing contemplation.

GDP figures expose business confidence survey nonsense

Written By: Simon Louisson - Date published: 1:29 pm, September 20th, 2018 - 99 comments

ANZ Bank’s Outlook business confidence survey has been forecasting gloom and doom for the economy ever since the surprise election result turfed out the National Party. Today’s GDP data showed the economy has actually been pumping along faster than the Reserve Bank believes is good for it.

Will there be a Brexit?

Written By: Bill - Date published: 11:37 am, September 19th, 2018 - 33 comments

In short, I think not.

Quite a day or two then!

Written By: Bill - Date published: 6:17 pm, September 18th, 2018 - 83 comments

A quick smorgasbord of reported news from Syria, to China and Sweden, to antisemitism and (hidden behind the links) an interview with (hopefully) the first woman who will serve as President of the USA.

Updated

Beyond Left and Right?

Written By: te reo putake - Date published: 8:27 pm, September 17th, 2018 - 78 comments

Does an understanding of class politics define being left? And if we’re not reading books by Marx and Lenin any more, will the revolution be digitalised?

They got bailed out and we got sold out

Written By: mickysavage - Date published: 12:05 pm, September 15th, 2018 - 56 comments

Ros Wynne Jones in the Daily Mirror excoriates the excesses of the Banking system and wonders why the rest of us tolerate bankers’ behaviour.

What does it take for bosses not to get their bonus?

Written By: Simon Louisson - Date published: 11:26 am, September 13th, 2018 - 17 comments

Why is it that all risk lies with the shareholders? Why does poor performance by a company not result in CEO and top management bonuses being clawed back?

Fonterra’s loss

Written By: advantage - Date published: 9:35 am, September 13th, 2018 - 67 comments

Fonterra has just reported an after tax loss of $196 million for the 2018 year. It’s never had an annual loss in its history.

The Global Financial Crisis 10 Years On

Written By: advantage - Date published: 11:19 am, September 11th, 2018 - 32 comments

Ten years ago this week massive financial businesses in the United States started collapsing. How has the world recovered from this?

Ardern and Pelosi.

Written By: Bill - Date published: 11:36 am, September 9th, 2018 - 65 comments

There is something very wrong with “our” media when it takes a stand-up comedian to alert people to important stuff. But anyway…

US Mid Terms; Obama Enters the Ring

Written By: te reo putake - Date published: 1:24 pm, September 8th, 2018 - 30 comments

America gets ready to rumble in the November mid terms, as Barack Obama enters the ring. At stake is control of both houses and the fate of the Trump presidency.

And the antisemites are…?

Written By: Bill - Date published: 9:30 am, September 5th, 2018 - 65 comments

UK Labour adopted the IRHA definition of antisemitism in full, and…

Business confidence verses business certainty

Written By: mickysavage - Date published: 11:13 am, August 31st, 2018 - 37 comments

Lately the news has been all doom and gloom about business confidence. But what is the reality? And should we worry what an Australian Bank is telling us?

Litigation and equal pay – a history of the 1950’s equal pay campaign

Written By: nickkelly - Date published: 7:26 am, August 28th, 2018 - 3 comments

Forward In 2016 I wrote the below dissertation as part of my History Honours degree at Victoria University. This dissertation explores the 1950s equal pay campaign, and specifically looks at the Jean Parker Case. Jean Parker was a PSA member employed at IRD, who like Kristine Bartlett 60 years later, won a landmark equal pay legal […]

Censorship

Written By: Bill - Date published: 2:07 pm, August 23rd, 2018 - 13 comments

It seems that if you’re the right person, harbour the correct thoughts, have the right connections, and you don’t like whatever the political opinion, news or information that’s floating about is, then you can get it banned.

Elizabeth Warren and Accountable Capitalism

Written By: advantage - Date published: 8:30 am, August 21st, 2018 - 22 comments

U.S. Senator Elizabeth Warren is proposing a law change that would require US corporations to consider its workers and community in company decisions and prevent political donations from being made unless 75% of shareholders agreed.

Finkelstein on Dame Hodge

Written By: Bill - Date published: 10:39 am, August 18th, 2018 - 58 comments

“…if any – if any – of the rules that are now being implemented in the Labour Party have any meaning whatsoever… the first person who should be booted out of the Labour Party is Dame Hodge.” – Finkelstein.

A Thousand Words

Written By: Bill - Date published: 9:12 am, August 11th, 2018 - 139 comments

…in a single graph.

Propaganda Wars.

Written By: Bill - Date published: 11:19 am, August 10th, 2018 - 30 comments

No-one reading this blog would willfully offer support to an ideology that’s killing people, right?

Who protects us from water companies?

Written By: advantage - Date published: 8:00 am, August 10th, 2018 - 78 comments

New Zealand seriously needs a water regulator. Something that will show that each catchment can withstand having that much taken out of it, and that it is being sold for a fair price, and ensures everyone has access to beautiful-quality water.

We need more radicals coming here

Written By: advantage - Date published: 7:31 am, August 9th, 2018 - 68 comments

We need more radical voices again here. But it’s like MMP has turned us once again into the passionless people. It always looks like “hate speech” when you hate it.

Guest post: The end of Neoliberalism – What went wrong?

Written By: Guest post - Date published: 8:30 am, August 7th, 2018 - 172 comments

The Left predicted the death of neoliberalism after the global financial crisis of 2008. But since then inequality has increased and new right nationalism is on the ascendancy. How should the left respond?

The Pied Piper

Written By: Bill - Date published: 11:55 am, August 6th, 2018 - 32 comments

If we’re living in a global village, is the name of the village Hamelin?

Let them fall

Written By: advantage - Date published: 8:00 am, August 3rd, 2018 - 105 comments

We’ve seen a fair few construction companies go under or get close to it recently.

Corporatism.

Written By: Bill - Date published: 12:35 pm, August 1st, 2018 - 44 comments

Hand in hand with “compassionate liberalism”.

A right, Left problem

Written By: Bill - Date published: 1:17 pm, July 24th, 2018 - 78 comments

A post suggesting that the traditional descriptive lens of “left and right” isn’t up to capturing current political realities.

Brexiting the EU

Written By: mickysavage - Date published: 7:57 am, July 24th, 2018 - 75 comments

In the United Kingdom Theresa May is facing a confidence threatening Brexit crisis, the organisers of the Vote Leave campaign are facing prosecution, and an opinion poll suggests that a significant proportion of the electorate are willing to shift right to achieve a hard Brexit.