Privatisation and Plunder

Privatisation and Plunder is essential reading for those who want to work for a society where prosperity for all is the aim.

Is NZ as Stable as Luxon Claims?

By pursuing cuts, selling off assets to multinationals, enabling ACT’s attacks on the Treaty and cutting back on climate commitments, Luxon is guaranteeing that NZ will not be stable for long, writes Elliot Crossan.

Where’s The Opposition?

Labour, Green Party and Te Pati Māori have been relatively quiet as the Coalition government move at breakneck speed to roll back laws and transfer wealth. Is it a matter of resources, media coverage, or will?

Get ready for your water to be privatised

The National Government’s repeal of the Three Waters Legislation and its pursuit of “new forms of infrastructure funding and financing” suggests that privatisation of water is on the drawing board.

Why Public Ownership Is Great

In the absence of any political party stating clearly that public ownership of major infrastructure is a very good idea, here’s 10 good things public ownership of infrastructure does that private ownership doesn’t.

An Easter Meditation

In his …and forgive them their debts, my favourite economist and Jubilee advocate Michael Hudson states that Jesus driving the money-changers from the Temple was “the act that inspired the city leaders to plot his death.”

Jacinda Ardern – How will her five years in power be remembered?

It is too soon to say what Jacinda’s legacy will be. She will certainly be remembered for becoming a mother whilst being a world leader. For her presence on the world stage as a voice for feminism and progressive politics. She ushered in a generational and attitudinal change in New Zealand politics. While internationally she offered an alternative to the politics of Trump, Bolsonaro, Scott Morrison, and Viktor Orban.

The power companies are rorting us

FIRST Union, NZCTU, and 350 Aotearoa have just released a joint report suggesting that the privatisation of our power companies by National were not only disastrous for the country’s finances but also disastrous for the planet.

Re-Nationalise Electricity Generators Now

This COVID era is the decade in which the state is back, bigger and faster than ever before. But the one area this government won’t let the state expand again is the one area in which New Zealand is the most vulnerable: electricity generation. It needs to change.

Unthinkable Renationalisation

Europe is leading the global fight against climate change by rapidly shifting away from fossil fuels. This now includes fully renationalising energy companies and forced decreases in gas use. What could New Zealand learn?

Another partial privatisation that has failed

I watched the Rugby test on Saturday night.  One side played with passion and vigour.  Their forward pack dominated and the defensive effort from the backs was superb.  The other side was the All Blacks who displayed all the passion and vigour of a National Party conference.

Act’s scorched earth proposal

Act has publicly released its proposal to decimate the state should it have a say in the next Government.  Its Real Change Alternative Budget may be wet dream inducing for Ayn Rand acolytes but for the rest of us the proposals should instill a deep sense of dread.

The Most Blacks

The New Zealand Rugby Union is currently in the process of selling its soul to the devil, in this case a private equity firm called Silver Lake.  This made me reflect on what the NZRU is selling.

Its official – Transmission Gully is a fiasco

A damning report into National’s PPP contract for construction of Transmission Gully has concluded that the maximum price the government would pay was set too low, project bidders soon worked this out and that proposals were “value managed down” or made cheaper on designs and timelines that created risks that would eventually manifest themselves after procurement once construction commenced.

National’s infrastructure bank

National’s proposed Infrastructure Bank is an accounting trick, with very high risks that the entire power of our political order for anyone affected by these monster projects will weaken citizens’ rights.

Tick Tock Tik-Tok

Trump has announced he will ban Tik-Tok from the United States. It’s Chinese-owned so there. Or maybe he will force it to be sold to Americans.Don’t think security is the issue; kids used it to stuff up his Tulsa rally. And it is good for mockery, as clips about Trump and Pompeo show. Don’t think that will stop if Americans own it.

Transmission Gully PPP

I’d agree with what No Right Turn says..
“The entire project looks to be an expensive failure. Rather than transferring risk to the private sector, it turns out to be the usual scam of privatising profits and socialising losses.”