Socialist Appeal New Zealand

Auckland Super City For the Rich - By the Rich

The Royal Commission report into the governance of the Auckland region has concluded that all eight existing councils in the Greater Auckland region, which includes the regional council, be abolished and replaced by one 'Super City' council.

Socialist Appeal Magazine - Issue #1- Out Now!

We are pleased to announce the first edition of Socialist Appeal magazine. Socialist Appeal will be published on a quarterly basis. We bring you a genuine Marxist analysis of events here in New Zealand and internationally in order to inform and educate workers.

New Zealand Perspectives 2009

New Zealand Perspectives 2009 (written January 2009) should be read in conjunction with last years perspectives (New Zealand Perspectives 2008) as they are a continuation from them. In addition these perspectives should be read in conjunction with World Perspectives 2008 and associated material from the International Marxist Tendency (IMT) and Socialist Appeal NZ.

Successful Hands Off Venezeula meeting in Wellington

On the evening on Saturday, December 5, John Peterson, National Secretary of the U.S. Hands Off Venezuela Campaign, presented the film "No Volveran" in Wellington, New Zealand. Some 30 people came out to see the film and speaker at the Newtown Community Centre. The event was organised by the Zapatista Support Committee, in collaboration with Hands Off Venezuela and Socialist Appeal (NZ).

National Party Win Decisive Victory in General Election

The National Party convincingly won the general election on November 8^th attracting 45.45% of the party vote giving them 18 list seats as well as winning 41 constituencies: 4 short of a majority in the House of Representatives. Therefore National will be able to form a government under the MMP system with the right wing Act New Zealand Party and United Future, and the possibility of extra support from the Māori Party.

Manifesto of the International Marxist Tendency --The Crises: Make the bosses pay!

The "Manifesto of the International Marxist Tendency" explains the unfolding global crises of capitalism, as well as a socialist perspective and programme for workers to achieve socialism. This should be read in conjunction with recent economic and perspective articles on the Socialist Appeal NZ website.

General Election: Economic Storm Clouds Gathering

The events of the melt down on the world stock markets and the ensuing economic crises have overtaken the general election in New Zealand. At present opinion polls vary enormously from giving National a 3% lead over Labour to 18% respectfully. Quite clearly volatility is building up within society.

General Election:Socialist Policies Needed

Prime Minister Helen Clark has called the general election for November 8^thhoping to win a fourth term. The general election date was of no real surprise as it was the much predicted date being the penultimate date with which the government could go to the country . The problem for the Labour Party is that it is well behind in the various opinion polls which give the National Party between 8% and 18% lead over the Labour Party. With such a lead in the opinion polls the Labour Party is most likely to be defeated.

The 'R' word is back Recession!

Statistics New Zealand (SNZ) confirmed what most of us have known for sometime that indeed we are at the beginning of a recession.

Labour Government Re-nationalises Railways

The Labour led government is to re-nationalise the railways after reaching an agreement to purchase Australian owned Toll Holdings rail and ferry operating business for $665 million, thus completing the wholesale re-nationalisation of all aspects of the rail and ferry network.

The Scandal that is NZ Telecom

Privatisation, the embrace of the free market and the New Right idealogy in New Zealand. These were the policies of sucessive New Zealand governments during the 1980's and 1990's. First under Labour's "Rogernomics", and later continued under National. Telecom was one of many of New Zealand's important assets which were privatised in this era and has come to epitomise the disasterous consequences we are now facing.

1929: Can it happen again?

This article was originally written on the occasion of the seventieth anniversary of the 1929 Wall Street Crash. It was not intended purely as a commemorative or historical piece. It was written because, to Marxists, all the signs were then apparent that another stock price ‘correction’ was in preparation. In 1998 Long Term Capital Management had collapsed, losing $4.6 billion in four months. LTCM was a hedge fund. The details of their activities were arcane, but what they were engaged in was essentially the same practice as was called ‘buying on the margin’ in 1929. In other words they were betting with other people’s money. They had been much admired in high finance. Two of their operators, Myron Scholes and Robert C. Merton, had won the Nobel prize in economics in 1997. Their economic writings were mind-numbingly mathematical. However the fate of LTCM shows they made scant addition to the sum of human happiness. But after all that had never been their intention.

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