“…view capitalism not as their friend but as their foe”

One quote from Winston Peters today has already gone around the world.

“Far too many New Zealanders have come to view today’s capitalism, not as their friend, but as their foe. And they are not all wrong.”

That is carefully phrased, but is likely to concern quite a few people. And some markets.

Peters added:

“That is why we believe that capitalism must regain its responsible, its human face.”

I think that’s an important addition. It’s easy to be alarmed at the first quote at a glance, but many will agree with the second.

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17 Comments

  1. PDB

     /  19th October 2017

    His best line was this;

    Stuff: “Peters says his party believes an economic slowdown is coming soon.

    “Some will attempt when the looming changes come to heap the blame on us,” Peters says.”

    Inspiring stuff! If the economy fails don’t blame us, Let’s do this!

    Reply
    • Gezza

       /  19th October 2017

      Labour caused the housing crisis worked ok for National.

      Reply
    • patupaiarehe

       /  19th October 2017

      Not really, Pants. The ‘responsible human face of capitalism’, involves a mutual respect between the employers & the workers. They both need each other equally, in order to succeed.

      Reply
      • PDB

         /  19th October 2017

        In my working experience the large majority of employers are very good to their workers.

        Regardless what does that have to do with making excuses for a possible economic meltdown under the new govt before they even get into office?

        Reply
        • patupaiarehe

           /  19th October 2017

          Excuses? Do tell…

          Reply
          • PDB

             /  19th October 2017

            You’re an intelligent bloke Patu – a little strange don’t you think for Peters in his announcement to preempt the MSM blaming him for the economy going backwards before even forming a govt?

            Reply
            • patupaiarehe

               /  19th October 2017

              They blamed him for there being no news, whilst he was in the midst of negotiations…

            • PDB

               /  19th October 2017

              Talking about there being a recession when announcing a new govt hardly inspires…………….confidence. (Blazer like writing…)

            • Fight4NZ

               /  19th October 2017

              You missed several weeks of talk of an expected world recession? You know the one we get at least every 10 years since 1987? You know where ‘big ogre govt’ has been removed from some part of the financial or trading markets so hugely profitable but ultimately insolvent schemes cause most hardship for those with least benefit. And the govts shoulder lots of the losses to protect the wealthy who received the profits. I think he is referring to one of those, nothing he has the remotest chance of causing himself.

            • Blazer

               /  20th October 2017

              well National relied on the GFC as their excuse for nearly 9 years.

  2. Corky

     /  19th October 2017

    It’s a waiting game now. Once the Left have settled the knives will come out. Nine years of not sucking on the government tit means the factions will be hungry. They will need feeding fast.

    First faction up will be Maori. If they don’t get what they consider is their due and mana, there will be ructions around the caucus table. That’s if Maori make the caucus table. And that’s the first problem.

    Reply
    • Gezza

       /  19th October 2017

      Just stock up on ammo. Hunker down. Keep quiet & the war party mightn’t even see you.

      Reply
    • PDB

       /  19th October 2017

      Sounds like a few NZL First MPs wanted to go with National so possibly some friction there?

      The Maori party will do well next election with Labour (and its Maori MPs) now joining up in govt with Peters – especially if 2014 New Zealander of the Year Dr Lance O’Sullivan is involved for them.

      Reply
  3. Blazer

     /  20th October 2017

    The IMF believe neo liberalism has failed.Then you have the epiphanies of Bolger and recently deceased Malcolm Fraser, who belatedly realised what they had done and failed to…do.

    Reply

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