Good luck or good management by Susan Grimsdell

I always find it strange that people who are incredibly lucky and end up with a disproportionate share of the nation’s total wealth, hardly ever attribute any part of their success to luck.  In fact, if you tell successful people they have been lucky it makes them angry and defensive. They believe their success is entirely the result of their own talent and hard work.  Luck breeds success However, there’s a body of research that shows the opposite, that there is a strict correlation between luck and success and in fact the… Read More

Taxing the super rich by Susan Grimsdell

NZ’s richest man, Graeme Hart, got headlines not long ago for donating fishing boats, tractors and a container of breakfast food to Tonga.  Well, good on him, but where was the accompanying headline reporting that he is one of the super rich people who, thanks to a rigged economic system, grew his fortune by $3.4 billion during the Covid pandemic which has caused the worst recession since the 1930s.  Avoidance of tax Recently, Hart lost a tax fight in Chile, a battle he had been fighting in the courts for 6 years. … Read More

You can bank on it! By Trevor Plumbly

Hard cash I wonder where the guy got his inspiration when he announced that ‘money was the root of all evil’? Maybe he’d been mugged or something. Lack of the stuff certainly clouded my childhood: having a few bob was the birth-right of the upper and middle classes, along with decent housing, education, clothing and food, whilst lack of it sentenced the rest of us poor sods to struggle. Growing up like that makes it hard not to be cynical about money; like religion and democracy it’s OK if it’s properly dealt… Read More

Beatniks, bombs and bollocks by Trevor Plumbly

Peace and love In the 60s, the British public weren’t ready for hippies. We had long hair, moustaches that struggled to impress and a creative scruffiness guaranteed to make mothers cringe. We were the new aliens; others tore themselves to pieces chasing the dictated norm, but we dwelt on a higher plane. We knew full well where the ills of the world lay, but didn’t achieve much in the way of curing them. We marched, of course, clutching signs saying, “Ban The Bomb!”, or the more creative, “Fighting For Peace Is Like… Read More

Poverty, inequality and tax by Susan Grimsdell

I’m always puzzled that politicians, the ones who either run the country already or want to run it, fail to see that introducing policies that make things a bit more equal will make things better for everyone. Who benefits from tax cuts? For example, the National Party is campaigning on a promise of tax cuts, but their plan will benefit people who are already doing quite well, and benefit the poor hardly at all.  Those on $90,000 a year will get an extra $58/week, those on $15,000 will get $1.35. Our Labour… Read More