6 Comments

Change against neoliberal policy will require a radical reversal of what has become the norm. Until a mass of people are prepared to get motivated, vote against both the coalition and center-right Labour policies, nothing will change.

But currently, no signs of that radical voter group is apparent. Maybe things have to get much worse before that happens.

At least we can rely on Luxon to continue to be such an underperforming PM of such a cruel, cynical government.

Expand full comment

Great summation thanks Bryan. Govt still have a 51% say within 4 wholesale providers, so a brave (new) government could effect a crash in share prices and buy the lot back as cheaply as it was sold off. The $7 billion in profits yearly would go a long way to future proofing our energy supply with renewables. Don't get me going about the $7 billion a year the banking sector suck from our economy.

Expand full comment

I have a dream! Folk of a certain age automatically associate electricity price rises with Max Bradford. I think even Nicola Willis would be horrified if expensive and unreliable Cook Strait ferries were (forever) associated with her name. What a legacy!

Expand full comment

The central planning of electricity distribution, like transport, is pretty much essential if we mean to cut carbon emissions.

Expand full comment

Nationalising the gentailers could be done by issuing private shareholders with long term government bonds - valuing it at the lesser of current share price and the inflation adjusted initial share price. IIRC the Reserve Bank was nationalised by the first Labour government issuing bonds to the private shareholders.

Expand full comment

a enlightened article sparking calls to insightful voters . The worry is can voters remember come next election time - I have a sense of 'great forgetting' occurs as did from the period of the Mother of all Budgets (Richardson's) and now. Trauma causes such great ' forgetting'

Expand full comment