[PEN-L:333] Re: question of the day

[Bill Rosenberg <w.rosenberg@xxxxxxxxxxxxxxxxxxxxxxx>]

--Message-Boundary-17083

The article I mentioned about the economic crises facing New
Zealand is attached as a Word-6 document.

Sorry Gene about the vague conclusions - I'll put it into context.
It's written for the Campaign Against Foreign Control of Aotearoa
(CAFCA), which I'm an activist in. Before you jump to conclusions -
no we're definitely not racists, and always make that clear. We're
anti-imperialist if you want a label. We have good ties with a large
number of progressive groups in Aotearoa (indigenous name for New
Zealand) including Maori activists, trade unions and many others.

CAFCA has a long and honorable history - 25 years next year -
growing out of the anti Vietnam-war movement and following that a
movement against US military bases in the country. CAFCA founders
were all heavily involved in the anti-apartheid movement here and
our nuclear-free movement. We drew the economic connections. We now
have a national reputation for research and organising.

The group is "against" rather than "for". Hence the lack of
alternatives. We are also a single interest group in the sense
that we are only looking at part of the problem - the
relationship with the rest of the world.

What do I think? Well, to me, one of the crucial issues is that small
economies have a significantly different set of problems from the
imperial ones - whether we're talking about socialism or reformism.
The policies (including left ones) designed for the US don't
necessarily make sense in a small economy. We have to have a degree
of protectionism (dirty word!) or the problems of development and
balance of payments mean we will cease to exist as a nation. The
figures in the attached article illustrate that well. But how that is
done with some degree of efficiency while attaining the fundamental
social objectives is the big Q. It's easy to say socialism is the
answer, but then we get into a difficult conundrum. We can't seal off
the People's Republic of Aotearoa from the rest of the world - we
somehow have to deal with transnationals and trade. Either we have a
completely command economy - which I think is part of the lesson of
the USSR (a developed economy is too complex for it to work) - or we
have to solve the same problems as under capitalism. Or of course we
wait for world revolution, but I'd rather see something in my
children's lifetime!

I'm as always interested in comments.

Cheers

Bill

> Bill Rosenberg wrote:
> >
> >If anyone is interested in 4000 words I have written on the twin
> >economic crises facing New Zealand - current account deficit/foreign
> >debt, and the effects of the Asian crisis - let me know. Vague in its
> >conclusions, but some interesting data in it.
>
>         I'd like to read it.  But I'd prefer vague data and
>         interesting
> conclusions to the reverse way Bill wrote it.
>
>
>
>         Gene Coyle
>
Bill Rosenberg, w.rosenberg@xxxxxxxxxxxxxxxxxxxx

--Message-Boundary-17083

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   ---- File information -----------
     File:  The Economic Crisis.doc
     Date:  29 Jul 1998, 17:15
     Size:  44032 bytes.
     Type:  MS-Word-6

--Message-Boundary-17083

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--Message-Boundary-17083--