Tag: Global Financial Crisis News

Last Days to Contribute to NZ Open Government Action Plan

Article – Open Source Open Society New Zealands Open Government Partnership Action Plan is open for consultation until the end of day on this Friday 26 August. If you care about transparency, accountability participation and better use of technology in the way our government is run then …Last Days to Contribute to NZ Open Government Action Plan New Zealand’s ‘Open Government Partnership’ Action Plan is open for consultation until the end of day on this Friday 26 August. If you care about transparency, accountability participation and better use of technology in the way our government is run then you should make a submission here. If you are in Wellington there is also a final full day co-creation workshop on this Friday where you can get involved at a deeper level. See the Press release published on Scoop yesterday here for further details. Our position as a leader in this space is at threat New Zealand has had very good fiscal and government accountability and transparency reputation, however recent developments such as the Panama Papers and increasingly poor public consultation processes are threatening this reputation. As Susanne Snively, chair of Transparency International New Zealand said at yesterday’s Open Source Open Society Conference in Wellington, our position as a leader in this space is slipping due to complacency and lack of ambition to look towards transparency and accountability in a modern...

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Patronage, Journalism and Open Society.

Article – James Littlewood A panel discussion this morning shone a very bright light on a very familiar problem: the problem of journalism; knowing whats going on; keeping the bastards honest. Marianne Ellion (of Action Station) hosted the discussion with Mark Jennings (Mediaworks), … A panel discussion this morning shone a very bright light on a very familiar problem: the problem of journalism; knowing what’s going on; keeping the bastards honest. Marianne Ellion (of Action Station) hosted the discussion with Mark Jennings (Mediaworks), Jan Rivers (Scoop) and Bernard Hickey (Hive News). The problem is all too familiar. But here...

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Out Now: Werewolf 59 – The TPP, Obsolete At Birth

Article – Werewolf Hi and welcome to the 59th edition of Werewolf, in which we revisit the TPP debate, and critically examine the claims that the Trans Pacific Partnership really is the spiffing, up-to-date document that our government and its business cronies claim … Enter The ‘Wolf Hi and welcome to the 59th edition of Werewolf, in which we revisit the TPP debate, and critically examine the claims that the Trans Pacific Partnership really is the spiffing, up-to-date document that our government and its business cronies claim it to be. As this month’s cover story shows, the contentious investor state dispute settlement (ISDS) provisions at the heart of the TPP are something that the European Trade Commission has no faith in, and the US has been formally advised that the Europeans plans to scrap the ISDS mechanisms entirely, and replace them with with a fairer, more transparent and more judicially sound system in all of its major trade deals in future. Which raises the question – why is New Zealand planning to ratify the broken model of adjudication that is contained in the TPP, and thereby perpetuate its shortcomings? Elsewhere in this issue, we report on the social cost to communities and to individuals of the industrial killing of animals for food – a story that’s based on research into the incidence of violence and other anti-social behaviours in...

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FIREd Up : Wgtn’s Jane Kelsey “The FIRE Economy” Book Launch

Opinion – Jimmy Solen FIREd Up : Wgtn’s Jane Kelsey “The FIRE Economy” Book Launch Event report by Sven Solen FIREd Up : Wgtn’s Jane Kelsey “The FIRE Economy” Book Launch Event report by Sven Solen [youtube http://www.youtube.com/watch?v=MGrBCtOt4Qs?list=PL5IpEpq-r4nx_d9ERIgnEgcCnOkbMv4Zi&w=560&h=315] Scoop.co.nz Video of Jane Kelsey’s Wellington Talk on The FIRE Economy At Jane Kelsey’s talk about her new book The FIRE Economy at a Fabian Society event in Wellington this week, one of the memorable phrases she used, to describe no less an august body that the IMF, was that people there had somehow managed to “start talking truth to their own power”. If only that was a precept more people ‘in power’ worked and lived to. This was just one of the takeaways from a no-nonsense talk about a book that calls out the extremely skewed orthodoxy that sits behind the acronym “FIRE”: Finance, Insurance, Real Estate. In her work in the wider public interest, Jane Kelsey is of course an elemental force herself, from her influential landmark book The New Zealand Experiment (shockingly 20 years old now), to championing Its Our Future – “Kiwi Voices on the TPPA”, and taking on the TPP on Al Jazeera and Seven Sharp. Her’s isn’t a lone voice, and the packed lecture theatre at Victoria University on Wednesday evening demonstrated there is a hunger for both clarity around whether an end (happy or...

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The FIRE Economy: New Zealand’s Reckoning – By Jane Kelsey

Opinion – Professor Jane Kelsey The global economy imploded in 2008 and confirmed a stark reality. Entire nations and billions of people are captives of an unstable and amoral economic system powered by finance , insurance and real estate FIRE. [1] New Zealand included. Click to order a copy from the Publisher The FIRE Economy: New Zealand’s Reckoning By Jane Kelsey Introduction – An Extract The global economy imploded in 2008 and confirmed a stark reality. Entire nations and billions of people are captives of an unstable and amoral economic system powered by finance, insurance and real estate – FIRE. [1] New Zealand included. ‘The FIRE economy’ is a metaphor for the fundamental shift in global capitalism since the 1970s. Finance has replaced industry as the driver of wealth creation in affluent countries – a transformation known as financialisation. Neoliberal ideology, rules and institutions acted first as the midwife and then as the guardian of this new economic order. The Global Financial Crisis (GFC) showed the world’s richest countries, notably the US and the nations of Europe, that the globally integrated economy they had created, and from which they have prospered, could also bring them to their knees. Faith in the neoliberal ‘orthodoxy’ that shaped and sustained them seemed shattered. The fallout was fast and furious, and quickly spread to many other parts of the world. A cursory look...

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