Entries from February 2009

February 27, 2009

No wonder we are in trouble, or “What is Wealth?”

When the man in charge of the soundness of our money supply (Governor of the Reserve Bank, Dr Allan Bollard – PhD in Economics no less) goes to the “Jobs Summit” and comes out saying such headline grabbing rubbish (namely that the current global recession is the “biggest destruction of global wealth ever”), it is [...]

February 16, 2009

Capitalism vs environment: Time to take sides

In The Bridge at the Edge of the World: Capitalism, the Environment and Crossing from Crisis to Sustainability, environmentalist Gus Speth makes fundamental connections between capitalism and environmental destruction. He writes:
Most environmental deterioration is a result of systemic failures of the capitalism we have today and … long-term solutions must seek transformative change in the key [...]

February 5, 2009

Ineffectual reformism or pointless irrelevance: The only options for the greens?

The present New Zealand government is currently engaged in the widely expected post-election neoliberal hatchet job and I for one am very happy that the Green Party of Aotearoa went nowhere near a role in this government. But even when governments around the world are at their progressive best, their social, economic and environmental reforms [...]