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  1. Unfortunately its always someone else who makes the sacrifice these people want us to make. These days money is a virtual concept. We could simply put the market on hold for 8 weeks and create pandemic money to keep the economy afloat. Then once we get over the hump simply press play again. Since it was a replacement for lost demand it wont create inflation (if you believe that anyway, since fractional reserve banking for some reason doesn’t). Giving loans to businesses doesn’t replace months of lost demand. When they have to pay back the loan its like those months of revenue disappear. I think this crisis may clarify peoples idea about where the country has been heading. Why do we have fewer hospital beds than we did in 1973, with a much higher population now? I expect some of the economic certainties of the past thirty years to be questioned. Unlike Simon Bridges I understand that contractors and gig economy workers need UBI. They wont get wage subsidies since they are not employees. Simon better hope they don’t end up on the dole where they will find out what the “bludgers” he has been talking about actually have to try and live on.

    1. Dead right I and 5 of my work mates had our temp contracts placed on hold for 4 weeks immediately making us ineligible for the subsidy.

      I got hold of my local mp and city councillor and made a big big stink.

      Fortunately my temp agency ( Enterprise Recruitment) has got their lawyers in Wellington acting on all the companies temp workers behalf to rectify this loophole in the wage subsidy act.

  2. ” Why do we have fewer hospital beds than we did in 1973, with a much higher population now?”

    National closed them down to pay for tax cuts.

  3. I believe this is what’s termed an ‘externality’ in the corporate world. You fob off the cost of doing business (be it pollution, outsourcing, etc.) onto an external party, keeping costs down and ensuring the business can keep on ticking along. In much the same way, companies calculate whether paying a fine for an illegal activity (dumping toxic waste for example) is more financially viable than instituting new systems and processes to deal with that activity in accordance with the law. If it’s cheaper to pay the fine and isn’t likely to cause a PR shitstorm… BOOM! Let’s keep doing that illegal shit. What matters is making someone else pick up the tab. Someone else take the hit. Someone else make the sacrifice. Just so long as it’s not you and you get to keep sitting on your giant mountain of cash. “Let granny die, just don’t take my Audi and my loft apartment away from me!”

    For the interested, watch the Canadian documentary ‘The Corporation’ for a truly frightening insight into how these malevolent behemoths operate from day to day. (The parts about Monsanto and their bovine growth hormone are especially chilling. How Monsanto haven’t been sued out of existence beggar’s belief.) Also, ‘Devil’s Dust’ is an Australian mini-series telling the story of terminally ill Bernie Banton’s struggle against construction material manufacturer James Hardie after they’d exposed him and his workmates to asbestos for years, all the while knowing of its dangerous properties. These companies are an ethical wasteland.

  4. These issues have been addressed clearly by Andrew Yang, outlining the need to evolve to a “human centred capitalism” Cov19 has massively accelerated the path unfettered capitalism & automation has been taking the globe down.

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