Data 4 – The Minimum Wage, MPs salaries, wealth & inequality
Members of parliament are to get a 10.5% pay rise over the next three years. Backbench MPs go from $163,961…
Author: Mike Treen
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Data 3: Prices are still rising – it’s a cost of living crisis
New Zealand’s consumers price index increased 4 per cent in the 12 months to the March 2024 quarter, according to…
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Understanding the data 2: Why we are officially in recession
The economy of New Zealand is officially in recession. New Zealand’s gross domestic product (GDP) shrank by 0.1 percent during…
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Understanding the data – benefits are being cut in value in real terms – but why?
The real value of benefits is being cut by switching the calculation of annual changes from the movement of the average wage…
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The need to end US-imposed austerity in Cuba
Over the last few weeks, the Western news media has been full of stories of “unrest” in Cuba including protests…
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The system of mass migrant labour exploitation must be ended
The system of mass migrant labour exploitation was established by the newly elected National Government in 2008 when they radically…
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Marx’s theory explains capitalism’s business cycle and the need for crises (Marx’s crisis theory 4 out of 4)
Part 1: Part 2: Part 3: Marx’s theory explains the business cycle and the need for crises – no alternative…
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What is money and how it can be controlled (Marx’s Crisis Theory Part 3 0f 4)
Part 1: Part 2: Part 4: Three types of money are in existence – Gold, credit money and token money…
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The debt explosion to save world capitalism (Marx’s Crisis Theory Part 2 0f 4)
Part 1 here: Part 3 here: Part 4 here: World capitalism got out of the 2008 and 2020 crises with…
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The inflation blame game and Marx’s crisis theory (Part 1 of 4)
Part two Party three Part four Inflation is back worldwide, and with it is the blame game. So what is…