The Fourth Labour Government and the Destruction of the Welfare State
Ever wonder about the days when universities were free and not run as a business? When the social welfare safety net was available to all that needed it and could sustain a decent living? When the government worked towards a goal of total employment, not enabling a system that requires unemployment to function? When vital […]
A looming world recession?
At the ISO’s annual conference over the weekend 7-8 December a session on the international situation was led off with this introduction by Martin Gregory. An assessment of capitalism internationally, both in its political domination and the state of its economy, is essential for forming a view of what might lie ahead for us in […]
Who gains from Capital Gains?
The Tax Working Group, set up by the Labour-led government in 2018, has released its first volume of findings. This is where the government’s proposed capital gains tax is beginning to take shape, and a useful analysis underpinning the work of this group is important to understanding the broader political narratives arising from the working […]
Beating Budget Responsibility Rules Restraint
Public health and public education, for countries that have them, make the two great calls on government expenditures, and for that reason they are at the core of the central contradiction in the character of the Ardern government. The boost in spending on these services that Labour seemed to offer in 2017 is confounded by […]
The Budget: a socialist response
“Budget 2018 sets out the first steps in a plan for transformation.” That’s how Grant Robertson introduced Labour’s first Budget. Hopes for transformation brought Labour, the Greens and NZ First into government last year. A glance around at the inequality, underfunding and social suffering that have become normalised after nine years of National shows how […]
Labour-Green Budget Responsibility Rules Nonsense
The Labour Party has a death wish. In what looks like a bid to make sure it loses September’s general election, last Friday the Labour-Green alliance launched a major plank of its election platform titled Budget Responsibility Rules. What the Labour Party is saying is that if it wins the election it will hold public […]
The Productivity Commission: problems dressed up as solutions
The NZ Productivity Commission is currently systematically reviewing tertiary education in this country. Chapter 12 of its draft report is entitled ‘A System that Supports New Models’. Here are some highlights (or lowlights): The re-introduction of interest rates on student loans, universities given complete autonomy to set fees without regulatory caps (‘unregulated fees’) to cover […]
The Panama Papers, New Zealand and Imperialism
The Panama Papers have given us an insight into the secret world of offshore. Offshore refers to the secrecy jurisdictions that exist all around the world where the wealthy can hide their wealth. New Zealand has been pushed into the spotlight as a major South Pacific tax haven, with itself and the territories it manages, […]
Greece and the international situation
The following was presented at the ISO national conference in November 2015 We are living in historic times. As if in the blink of an eye we have seen revolutions sweep the Middle East, only to descend into bloody civil war, the devastation of the Greek economy and the emergence in Greece, within five years, […]
The Budget: State of the Nation
Bill English’s “boring budget” is full of miscommunications and misleading information, fairly typical of a right wing government that wants to hide what it really has planned. Included in this budget is the giving away of state land in Auckland, the continuation of massive changes in the public sector and of course wildly hopeful expectations […]
