"Four core pieces of legislation set the neoliberal norms and disciplines to guide the project: the State Sector Act 1988, the Reserve Bank Act 1989, the Public Finance Act 1989, and the Fiscal Responsibility Act 1994. These were complemented by binding and enforceable international trade and investment agreements that expanded to diverse areas of policy."

#JaneKelsey, 2025

https://e-tangata.co.nz/comment-and-analysis/proposed-bill-an-ideological-project-that-must-be-stopped/

#neoliberalism #Rogernomics #Ruthenasia #RSB

Proposed bill 'an ideological project that must be stopped' | E-Tangata

“It is extraordinary that this minister is asserting the power to redefine core constitutional principles to govern future polities, just as he did with the ‘principles of the Treaty’.” — Emeritus Professor Jane Kelsey on the Regulatory Standards Bill proposal.

E-Tangata
Just a reminder and #PSA that #Rogernomics #TrickleDown #neoliberal bullshit "economics" never, ever works. #Aotearoa, once a more prosperous and comfortable land than #Australia, never recovered from it. This is what #ElonMusk and #DonaldTrump want to do with their #DOGE memeonomics.
@markdarb @allochthonous Always....exciting.... to see that #rogernomics is still alive and well in #Aotearoa

One of the goals of the research I've kicked off on the legacy of Rogernomics is to identify undeclared conflicts of interest. Where politicians or people close to them benefited financially from neoliberal specific neoliberal actions taken by governments they were part of.

(2/2)

#neoliberalism #Rogernomics

In the 1980s, despite more than a decade of dysfunctional Muldoonist rule, almost everyone in Aotearoa was fed, housed, and employed, and had free access to healthcare and education. Most infrastructure entities were public-owned, and trained generations of tradespeople.

Today marks 40 years since the election of the #Rogernomics government. The origin of a neoliberal paradigm that has destroyed that prosperity, under governments led by both legacy parties.

Time for change.

#neoliberalism

One point made in the 1996 Revolution documentary series is that the railways used to train a lot of the country's tradespeople. The same would be true, to a lesser extent, for other public organisations. So yes, from a purely financial POV, they became more "efficient" (ie could extract more profit) by firing 1/2 to 2/3 of their staff. But the current shortage of tradespeople, and the consequently huge cost of getting anything built or maintained, is a direct result of doing that.

#Rogernomics

I'd forgotten what a sociopath Roger Douglas is. Watching these old interviews in the Revolution documentary series;

https://www.nzonscreen.com/title/revolution-the-great-divide-1996

... reminds me that I've never heard him express a single shred of sympathy - in all the times I've seen or heard him interviewed - for the people who suffered as a result of his policies as Finance Minister in the 1980s, or his ideological twin Ruth Richardson's in the early 1990s. Not even in a 'sad but unavoidable' way.

#RogerDouglas #Rogernomics

Revolution - 3, The Great Divide | Television | NZ On Screen

Revolution - 3, The Great Divide - Four-part series Revolution examined sweeping changes in New Zealand society that began in the 1980s. This third episode looks at the lurch of the Kiwi stock market from boom to bust in 1987, and the growing philosophical divide between the “head boys”: PM David Lange and finance minister Roger 'Rogernomics' Douglas. Within two months of the October 1987 stock market crash, $21 billion was lost from the value of NZ shares. Lange and Douglas give accounts of how their differing views on steering the NZ economy eventually resulted in both their resignations.

No discussion of the legacy of the 1980s/90s neoliberal coup in NZ would be complete without a #HatTip to Alister Barry's trilogy of documentaries about it;

Someone Else's Country (1996);

https://www.nzonscreen.com/title/someone-elses-country-1996

In a Land of Plenty (2002)

https://www.nzonscreen.com/title/in-a-land-of-plenty-2002

A Civilised Society (2006);

https://www.nzonscreen.com/title/a-civilised-society-2006

As well as Jane Kelsey's book The NZ Experiment (1995), which I believe was an important source for the first of these docos.

#neoliberalism #Rogernomics #Ruthenasia

"We wanted to make Revolution because we believed that unless we re-run and re-examine our recent history we are in constant danger of forgetting, and forgetting can render us passive about the present and slaves of the future."

#MarciaRussell, 2009, Producer of Revolution, the 4-part 1996 TVNZ series about neoliberal coup of the 1980s/90s.

https://www.nzonscreen.com/title/revolution-1996/series/background/marcia-russell

Full series can be see here;

https://www.nzonscreen.com/title/revolution-1996/series

#neoliberalism #Rogernomics #Ruthenasia

Background | Revolution | Series | Television | NZ On Screen

Revolution - Four-part series Revolution mapped sweeping social and economic change in New Zealand society in the 1980s and early 1990s. Judged Best Factual Series at the 1997 NZ Television Awards, it collected together archive footage, and interviews with the major players. Said producer Marcia Russell: “We wanted to make Revolution because we believed that unless we re-run and re-examine our recent history we are in constant danger of forgetting, and forgetting can render us passive about the present and slaves of the future. Russell writes about Revolution here.

"But, as for many, the sweet taste of social progress turned to ashes in my mouth. An economic crisis became the pretext for an ideological blitzkrieg that tried to impose a commercial model on almost every facet of our nation’s life. Change was needed, but by God we paid the price in terms of poverty, inequality, loss of productive capacity in our firms, and damaged generations. We are still paying."

#PhilTwyford, Maiden speech as Labour MP, 2008

https://thespinoff.co.nz/politics/13-06-2024/juggernaut

#Rogernomics

The ghosts of 1984

Why do those Lange-Douglas years cast such a long shadow 40 years on?

The Spinoff