Utopia, you are standing in it!

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

                Source: Benjamin Bridgman & Ryan Greenaway-McGrevy (2016) The fall (and rise) of labour share in New Zealand, New Zealand Economic Papers, DOI: 10.1080/00779954.2016.1219763 To quote their abstract The share of national income going to labour in New Zealand fell substantially between the 1970s and the end of the century. Approximately half of …

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Originally posted on Green Jihad:
Pursuing so-called green energy initiatives may force poor people in developing countries to remain in their conditions, including continuous exposure to pollution, which results in shorter life spans. That is the conclusion of a policy analysis issued by the Global Warming Policy Foundation (GWPF) on Friday. Since environmentalists have pushed…

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At a Parliamentary select committee this morning, a Labour and a Green MP were convinced that the labour’s falling share of GDP was evidence of rising profits to capital because of a loss of union bargaining power. Instead, in the USA, where the data is best analysed, this decline in the gross labour share is …

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The only reason I joined a union at the Department of Labour was pay rises under the collective agreement were conditional upon union membership. They even ran a membership drive every time they negotiated a rise. Indeed, I might have joined up after the first of those membership drives. I wish the Employment Relations Amendment …

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