The Failure of Free Market Economics and the Future of New Zealand

Description

This timely book lays bare the failures of free market economics and its associated political doctrine of “neoliberalism” which, the author claims, have been very damaging to New Zealand over the past three decades. The book examines New Zealand’s economy and society, trade pact negotiations, and the critical twenty-first century issues of climate change and natural resource depletion. It identifies the limitations of market-based transactions, and the significance of the “common good”. By contrasting the different economic and political claims in favour of the free market, the mixed economy, and the requirements of the global ecosystem, the book points towards policies for a future for New Zealand that is more just, democratic and sustainable.