13 Comments
Mar 17, 2022Liked by Bernard Hickey

This one needs a general release

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Mar 17, 2022Liked by Bernard Hickey

Failure to tax wealth in favour of the “ landed gentry” house owners ,who are the “voting class “has cost NZ dearly and will continue to do so. Failure of policy under governments of all stripes caught in the neoliberal capitalist myth of the market solves everything. I am surprised the National leader has not yet said “ a rising tide lifts all boats” a stupid saying in 21st century NZ. On another issue read Aditya Chakrabortty who explains that Putin was made by the West so what do we expect? Amoral greedy western capitalists and western banks made millions out of the collapse of The Soviet union and have salted it away since mainly in the UK especially London. It is not just the Russian Oligarchs we need to hold to account but our own Western Bankers and Lawyers who have colluded. Capitalism of this type is broken. It needs fixing. It does not have a divine right. We fixed the divine right of kings some time ago!

Patrick Medlicott

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And flogging off public assets like in Russia.

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Mar 17, 2022Liked by Bernard Hickey

Agrred ryan

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Mar 17, 2022Liked by Bernard Hickey

In IT land we call sweating assets despite the obvious TCO peril technical debt, perhaps sweating infrastructure assets at a national level needs a new/specific buzzword to provide some focus

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author

FYI I've opened this up and now and will share it widely. You're also welcome to share it.

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Absolutely spot on Bernard, and so clearly and calmly articulated considering how colossally selfish and short sighted the philosophy and actions of national and local governments have been for the past three decades or more. Please share to the public.

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founding

I've said this a few times but the mismanagement of local government investment you describe is the core thesis of the strong towns movement, would love to hear your view on how that relates to NZ.

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