Towards a new economic order

George Monbiot in the Guardian gives a precise and accurate description of neoliberalism and asks the question why has the left not come up with a modern alternative?

the Global Death Economy

A new edition of “Confessions of an Economic Hitman” has been released. It makes it clear that we are in the grip of a global “Death Economy” and a collective embrace of ‘Thanatos’, the death instinct.

62 vs 3.6 Billion

Ever widening inequality generates ever more astonishing statistics – suck up economics in action. The super-rich are laughing all the way to the bank.

The problem with free market capitalism

This morning’s Herald contains a story about a young man who with a family gift has managed to purchase eleven houses over the past five years and can afford to pay World of Warcraft all day.

Well this is awkward

Jamie Whyte yesterday wrote an article for the Herald claiming that child poverty does not exist in New Zealand. But he wrote essentially the same article in 2005 about child poverty in Great Britain.

The myth of drug dependancy and poverty

New research from Morgan Foundation suggests that poverty can be alleviated by increasing incomes and that the beneficiaries will be children of poor families not vendors of alcohol and cigarettes.

Summer break

Standardista authors are on summer break! There will be an Open Mike each day, but little or no other posting (unless an author feels particularly inspired). Here’s some summer reading suggestions – by all means add your own…

Poverty’s Beneficiaries.

While pondering this post, I was pointed to a post from last year, in which poverty and the cost of breakfast were on the agenda. Stephanie was writing in response to the ignorance of Nikki Kaye who claimed that giving affordable nutritious breakfast to children was easy. While I haven’t taken the time to read all of the comments on the subject, I thought Stephanie proved the point quite aptly that the reality is far different than the hypothetical world of poverty in which Nikki Kaye lives.

Obesity policy ignores elephant in the room

Obesity is a difficult topic to write about, but with the release of new government policy yesterday it is very much in the news. Unfortunately, unsurprisingly, National have chosen to tinker with the consequences of obesity without addressing the causes.

The strip mining of Housing Corp is accelerated

Not only is Housing Corp planning to pay a $118 million dividend to the Crown this year but hidden away in its accounts is the payment of a further capital contribution of $336 million.  Talk about strip mining …