Fabians Lecture tonight

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    Went to this, Jim Stanford was brilliant. He has a book (that he takes no profit from) with the same name as his website. Well worth a read. Willing to challenge the prevailing orthodoxy of capitalism in a rational way. Really looking forward to the follow up next week, same bat time, same bat channel.

    Incidentally, he made the case for Capital Gains Tax in passing much more eloquently than I managed in my message from far too late last night. Without it we’re currently giving a massive tax break to speculators, versus the productive economy. And as it was speculators (like our friend that nice man John Key) that got us into the Global Financial Crisis, partly through incentives like this, it’s something we really need to address.

    Anyway, buy the book, he’s brilliant.

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