Wednesday, October 25, 2017

Watch your back, New Zealand

The US doesn't like this kind of talk.
Jacinda Ardern, who is to become the nation's youngest leader [37 years old] since 1856, said measures used to gauge economic success "have to change" to take into account "people's ability to actually have a meaningful life".

[...]

Ms Ardern has pledged her government will increase the minimum wage, write child poverty reduction targets into law, and build thousands of affordable homes.

In her first full interview since becoming prime minister-elect, she told current affairs programme The Nation that capitalism had "failed our people".

"If you have hundreds of thousands of children living in homes without enough to survive, that's a blatant failure," she said. "What else could you describe it as?"

[...]

"When you have a market economy, it all comes down to whether or not you acknowledge where the market has failed and where intervention is required. Has it failed our people in recent times? Yes.

"How can you claim you've been successful when you have growth roughly three per cent, but you've got the worst homelessness in the developed world?"

[...]

"The measures for us have to change," she said. "We need to make sure we are looking at people's ability to actually have a meaningful life, an enjoyable life, where their work is enough to survive and support their families."

[...]

The Labour leader said her government would judge economic success on more than measures such as GDP.

  Independent
Good on them. I hope they have a roaring success, but if the capitalists who run the rest of the western world have anything to say about it (and they always do), there will be wrenches thrown in the works.

No comments: