Politics 🗳️ NZ Politics

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Govt still owns half all those companies anyway so we have the best of both worlds:

Labour voters still keep 50% public ownership (representing their approx voter base); right voters get the benefits of private ownership through their 50%.

Ultimate democracy in action really. Ownership representitive of the electorate. I can’t see why anyone would complain…
You should read, then reread, then reread your post again. Check the maths.
So you are scared of the democratic process now?

If your so sure of your position, isn’t a referendum a chance for the people to have their say?
What's democratic about neoliberalism? Not much.
 
What do you think?

Just cute you're so very very keen to reference John Key considering his track record on the topic.
I referenced that he thought it wasn't a good idea, a former prime minister who went ahead and made sales of assets is saying there are better options. You said he had no credibility on the matter so can only conclude you are in favour of sales.
 

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I referenced that he thought it wasn't a good idea, a former prime minister who went ahead and made sales of assets is saying there are better options. You said he had no credibility on the matter so can only conclude you are in favour of sales.
Aren't you a clever chap.
 
QV
Kordia
Landcorp
CHC airport
TVNZ (it is rubbish)

To name a few

We also own 100% of a number of companies, where we would be better off just holding a controlling stake and free up capital for essential infrastructure
TVNZ - a publicly owned media company that generally returns dividends to the government. If we use it properly it allows nz communities to flourish and represent themselves through public broadcasting. If used properly it could hold truth to power through independent verified journalism.

If used properly we could generate arts and culture through the ability to create and broadcast, and sell that creativity to bring in even more revenue. We can invest in TVNZ and build commercially innovative arms that would be able to sell services to the world.

We can build community and societal strength through a public broadcaster.


Christchurch airport. A crucial piece of transport infrastructure. Essential to the south island. Essential in disasters. An income generator that would be able to return dividends to a democratically elected government who could then reinvest elsewhere or build even more infrastructure.

Landcorp - https://www.treasury.govt.nz/inform...oral,farming units totalling 356,048 hectares.

Hugely commercially valuable and massive land holdings. Returns dividends to the government for reinvestment elsewhere.

That land would disappear to private interests



This is to name a few.

It's great you neolibs don't give a fuck, but I do.
 
Neoliberalism from chat gpt:

The privatization of publicly owned assets, a key tenet of neoliberal economic policy, has had mixed results but has generally proven to be detrimental for many countries involved. While proponents argue that privatization can increase efficiency and reduce government spending, the evidence suggests that it often leads to negative outcomes for citizens and societies as a whole.

Economic Impacts​

Increased Inequality​

One of the most significant consequences of neoliberal privatization has been a rise in economic inequality14. The adoption of these policies in Western countries has coincided with growing disparities in both wealth and income. While skilled workers may benefit from higher wages, low-skilled workers often face stagnant wages and reduced job security1.

Financial Instability​

Contrary to claims that deregulation and privatization would boost economic development, these policies have often led to increased financial instability1. The International Monetary Fund (IMF) has reported that increased capital flows resulting from neoliberal policies have contributed to a higher risk of adverse economic cycles1.

Monopolies and Corporate Power​

Neoliberal privatization has been associated with the rise of monopolies, which can increase corporate profits at the expense of consumer benefits1. This concentration of economic power in the hands of a few large corporations can lead to market distortions and reduced competition.

Social Impacts​

Reduced Access to Essential Services​

The privatization of public services has often resulted in reduced access to essential services for many citizens14. This is particularly problematic in areas such as healthcare, education, and social protections, where profit-driven motives may conflict with the public interest.

Undermining of Democracy​

Critics argue that neoliberal privatization undermines democracy by marginalizing the role of governments in deciding on the allocation of public goods and services5. This shift of power from elected officials to private corporations can lead to a disconnect between public needs and policy outcomes.

Worker's Rights​

The emphasis on market competition and profit-making has often led to job insecurity and erosion of workers' rights6. Privatized companies may prioritize cost-cutting measures over employee welfare, leading to reduced benefits and job protections.

Case Studies​

Chile​

Chile's experience with neoliberal reforms in the 1970s and 1980s, often referred to as the "Chicago Boys' economic experiment," resulted in significant social unrest and criticism6. While the policies aimed to spur economic growth, they came at the expense of social welfare programs, labor rights, and income equality6.

United Kingdom​

In the UK, the privatization of public services under Margaret Thatcher's government led to increased competition and marketization in sectors such as healthcare and education6. While this approach aimed to improve efficiency, it has raised concerns about equity, access to services, and the quality of provision6.

Conclusion​

While neoliberal privatization has had some positive effects in certain contexts, the overall impact on many countries has been largely negative. The focus on market-driven solutions has often come at the cost of social equity, democratic accountability, and long-term societal well-being45. As a result, there has been a growing recognition of the need to reassess these policies and consider more balanced approaches that prioritize public welfare alongside economic efficiency4.
 

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QV
Kordia
Landcorp
CHC airport
TVNZ (it is rubbish)

To name a few

We also own 100% of a number of companies, where we would be better off just holding a controlling stake and free up capital for essential infrastructure
QV - given how QV establishes property values that councils base rates on, I wouldn't want that sold.
Kordia - don't really care one way or another.
Landcorp - I'd like to see them move more into an educational role than commercial and extend their conservation efforts so no sale for me.
CHC Airport - government only owns 25% of that so why not gift their shareholding to the other stakeholder Christchurch City Council with a caveat that it can't be sold off by CCC later.
TVNZ - necessary to retain ownership for "public" broadcasting and increase funding to NZ on Air for all boardcasters.
 
QV - given how QV establishes property values that councils base rates on, I wouldn't want that sold.
Kordia - don't really care one way or another.
Landcorp - I'd like to see them move more into an educational role than commercial and extend their conservation efforts so no sale for me.
CHC Airport - government only owns 25% of that so why not gift their shareholding to the other stakeholder Christchurch City Council with a caveat that it can't be sold off by CCC later.
TVNZ - necessary to retain ownership for "public" broadcasting and increase funding to NZ on Air for all boardcasters.
Doesn't Kordia control broadcast towers etc, I know they control the coastal/maritime communications. I can see a need for some govt controlled cyber security, communications and cloud computing for national security reasons. Seems silly to sell off. Agree with your other points.
 

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Doesn't Kordia control broadcast towers etc, I know they control the coastal/maritime communications. I can see a need for some govt controlled cyber security, communications and cloud computing for national security reasons. Seems silly to sell off. Agree with your other points.
Interesting info... I was more aware of some of their more "commercial" operations with telecommunications. Thanks for that.
 
Interesting info... I was more aware of some of their more "commercial" operations with telecommunications. Thanks for that.
From their website:
Kordia is responsible for operating and monitoring the network that provides critical safety of life communications for almost a quarter of the world’s oceans.
Kordia has a solid reputation for the provision and management of safety of life at sea (SOLAS) in Australia and New Zealand. Testament to this - we have designed and built, and we operate HF and VHF networks that cover nearly a quarter of the world’s oceans – an area that spans more than 90 million square kilometres.
 

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Neoliberalism from chat gpt:

The privatization of publicly owned assets, a key tenet of neoliberal economic policy, has had mixed results but has generally proven to be detrimental for many countries involved. While proponents argue that privatization can increase efficiency and reduce government spending, the evidence suggests that it often leads to negative outcomes for citizens and societies as a whole.

Economic Impacts​

Increased Inequality​

One of the most significant consequences of neoliberal privatization has been a rise in economic inequality14. The adoption of these policies in Western countries has coincided with growing disparities in both wealth and income. While skilled workers may benefit from higher wages, low-skilled workers often face stagnant wages and reduced job security1.

Financial Instability​

Contrary to claims that deregulation and privatization would boost economic development, these policies have often led to increased financial instability1. The International Monetary Fund (IMF) has reported that increased capital flows resulting from neoliberal policies have contributed to a higher risk of adverse economic cycles1.

Monopolies and Corporate Power​

Neoliberal privatization has been associated with the rise of monopolies, which can increase corporate profits at the expense of consumer benefits1. This concentration of economic power in the hands of a few large corporations can lead to market distortions and reduced competition.

Social Impacts​

Reduced Access to Essential Services​

The privatization of public services has often resulted in reduced access to essential services for many citizens14. This is particularly problematic in areas such as healthcare, education, and social protections, where profit-driven motives may conflict with the public interest.

Undermining of Democracy​

Critics argue that neoliberal privatization undermines democracy by marginalizing the role of governments in deciding on the allocation of public goods and services5. This shift of power from elected officials to private corporations can lead to a disconnect between public needs and policy outcomes.

Worker's Rights​

The emphasis on market competition and profit-making has often led to job insecurity and erosion of workers' rights6. Privatized companies may prioritize cost-cutting measures over employee welfare, leading to reduced benefits and job protections.

Case Studies​

Chile​

Chile's experience with neoliberal reforms in the 1970s and 1980s, often referred to as the "Chicago Boys' economic experiment," resulted in significant social unrest and criticism6. While the policies aimed to spur economic growth, they came at the expense of social welfare programs, labor rights, and income equality6.

United Kingdom​

In the UK, the privatization of public services under Margaret Thatcher's government led to increased competition and marketization in sectors such as healthcare and education6. While this approach aimed to improve efficiency, it has raised concerns about equity, access to services, and the quality of provision6.

Conclusion​

While neoliberal privatization has had some positive effects in certain contexts, the overall impact on many countries has been largely negative. The focus on market-driven solutions has often come at the cost of social equity, democratic accountability, and long-term societal well-being45. As a result, there has been a growing recognition of the need to reassess these policies and consider more balanced approaches that prioritize public welfare alongside economic efficiency4.
Funny, I put neoliberalism into chat GPT and it gives a completely different result:

‘Neoliberalism is a political and economic ideology that emphasizes the importance of free markets, privatization, deregulation, and limited government intervention in the economy. It advocates for reducing the role of the state in economic affairs…’

What did you really enter to get that negatively slanted result? Or does chat GPT know more about us than we realise and give answers that appeal to us, reinforcing our rabbit holes?
 
From their website:
Kordia is responsible for operating and monitoring the network that provides critical safety of life communications for almost a quarter of the world’s oceans.
Kordia has a solid reputation for the provision and management of safety of life at sea (SOLAS) in Australia and New Zealand. Testament to this - we have designed and built, and we operate HF and VHF networks that cover nearly a quarter of the world’s oceans – an area that spans more than 90 million square kilometres.
TBH, I thought it was JDA (a private company) who operate most of our broadcasting towers.... maybe they just have the contract to manage them.
 
    Nobody is reading this thread right now.
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