Socialist Appeal New Zealand

National Party Win Decisive Victory in General Election

The National Party convincingly won the general election on November 8^th attracting 45.45% of the party vote giving them 18 list seats as well as winning 41 constituencies: 4 short of a majority in the House of Representatives. Therefore National will be able to form a government under the MMP system with the right wing Act New Zealand Party and United Future, and the possibility of extra support from the Māori Party.

Manifesto of the International Marxist Tendency --The Crises: Make the bosses pay!

The "Manifesto of the International Marxist Tendency" explains the unfolding global crises of capitalism, as well as a socialist perspective and programme for workers to achieve socialism. This should be read in conjunction with recent economic and perspective articles on the Socialist Appeal NZ website.

General Election: Economic Storm Clouds Gathering

The events of the melt down on the world stock markets and the ensuing economic crises have overtaken the general election in New Zealand. At present opinion polls vary enormously from giving National a 3% lead over Labour to 18% respectfully. Quite clearly volatility is building up within society.

General Election:Socialist Policies Needed

Prime Minister Helen Clark has called the general election for November 8^thhoping to win a fourth term. The general election date was of no real surprise as it was the much predicted date being the penultimate date with which the government could go to the country . The problem for the Labour Party is that it is well behind in the various opinion polls which give the National Party between 8% and 18% lead over the Labour Party. With such a lead in the opinion polls the Labour Party is most likely to be defeated.

The 'R' word is back Recession!

Statistics New Zealand (SNZ) confirmed what most of us have known for sometime that indeed we are at the beginning of a recession.

Labour Government Re-nationalises Railways

The Labour led government is to re-nationalise the railways after reaching an agreement to purchase Australian owned Toll Holdings rail and ferry operating business for $665 million, thus completing the wholesale re-nationalisation of all aspects of the rail and ferry network.

The Scandal that is NZ Telecom

Privatisation, the embrace of the free market and the New Right idealogy in New Zealand. These were the policies of sucessive New Zealand governments during the 1980's and 1990's. First under Labour's "Rogernomics", and later continued under National. Telecom was one of many of New Zealand's important assets which were privatised in this era and has come to epitomise the disasterous consequences we are now facing.

1929: Can it happen again?

This article was originally written on the occasion of the seventieth anniversary of the 1929 Wall Street Crash. It was not intended purely as a commemorative or historical piece. It was written because, to Marxists, all the signs were then apparent that another stock price ‘correction’ was in preparation. In 1998 Long Term Capital Management had collapsed, losing $4.6 billion in four months. LTCM was a hedge fund. The details of their activities were arcane, but what they were engaged in was essentially the same practice as was called ‘buying on the margin’ in 1929. In other words they were betting with other people’s money. They had been much admired in high finance. Two of their operators, Myron Scholes and Robert C. Merton, had won the Nobel prize in economics in 1997. Their economic writings were mind-numbingly mathematical. However the fate of LTCM shows they made scant addition to the sum of human happiness. But after all that had never been their intention.

Nationalise Auckland Airport

Finance Minister Michael Cullen announcement that the Labour coalition government was immediately tightening the country's overseas investment rules with regard to stopping strategic assets falling into foreign ownership was an initial setback to the Canadian Pension Plan Investment Board (CPPIB) in its attempt to take over Auckland Airport: the country's international gateway.

100% Pure New Zealand -- Or is it?

A damning 450 page government endorsed report released about the state of the environment in New Zealand, unveils shocking details about environmental degradation. It fully exposed the farce of "100% Pure" New Zealand, which this country has been trying to present to the world. The report mentions that a fifth of all ground water is now unsafe to drink, 15% of fish stocks have been over-fished, and more than half the population is breathing sub-standard air. The country's roads are increasingly being clogged by more, older vehicles. In a young country of only 4.2 million people, why is it this bad?

New Zealand Perspectives

These perspectives constitute an analysis of the deepening social, political and economic crises of New Zealand capitalism. Such perspectives applies the method of Marxism to these developments, seeking to uncover the trends and processes within and serve as a guide to action for all workers and youth who want to struggle for the socialist transformation of society.

Home Thoughts, From Abroad - A Kiwi in Slovenia

A New Zealand comrade's experiences and lessons learned living in Ljubljana, Slovenia.

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