‘Neoliberalism’ versus New Zealand reality

Deborah Russell has circulated one attempt to describe neoliberalism, which shows how far from this New Zealand is, and hardly moving closer:

That’s quite different to reality in New Zealand

  1. Private enterprise is far from free of any Government restrictions here.
    There are a lot of regulatory, tax, safety and procedural restrictions – New Zealand is rated as a relatively easy place to do do business but try asking any property valuer how difficult and time consuming and costly it can be to work with the resource Management Act.
  2. Public expenditure in general continues to increase.
    There is some claims of real term cuts due to not keeping pace with inflation but the Government keeps spending more and more money.
  3. There have been some attempts to reduce regulations to help businesses provide goods and services and jobs and export earnings 9and make profits) but they have been far from comprehensive. The RMA has gradually become harder to work with, not easier.
  4. There was quite a bit of privatisation in the 80s and 90s but that has slowed right down.
    The current government in their last term sold minority shares only in a small number of power companies. There are a small number of partnership schools but most are run by trusts rather than profit seeking companies. There is some moving of state housing to social housing providers but again they are non-profit organisations.
  5. ‘Public good’ is far from eliminated, with beneficiaries having been recently given their first real increase in forty years. There have been recent increases in health subsidies (free up to age 13), and education, particularly through early childhood education subsidies.

While there may have been significant moves towards some neoliberalism, especially in the 1980s and 1990s, this has slowed down markedly and New Zealand is far from these descriptions of ‘neoliberalism’.