https://nzcatholic.org.nz/2020/07/06/the-pandemic-and-the-need-for-a-different-economic-order/ The New Zealand National Catholic Newspaper Mon, 27 Sep 2021 03:35:14 +0000 hourly 1 https://wordpress.org/?v=6.1.1 https://nzcatholic.org.nz/2020/07/06/the-pandemic-and-the-need-for-a-different-economic-order/#comment-73391 Mon, 27 Sep 2021 03:35:14 +0000 https://nzcatholic.org.nz/?p=21542#comment-73391 Ideally, Social Credit. read books by Fr Fahey.

]]> https://nzcatholic.org.nz/2020/07/06/the-pandemic-and-the-need-for-a-different-economic-order/#comment-58498 Wed, 22 Jul 2020 08:35:03 +0000 https://nzcatholic.org.nz/?p=21542#comment-58498 200 years ago my family and I would have almost certainly have been impoverished, eking out a subsistence, agrarian existence on a small farm. But now we live well, because of technology, industrialization, business innovation, massively increased productivity driven by efficient use of labour and capital, globalization etc.
The economic models proposed in the above article sound great but practically they failed in the USSR and in China (at least till Deng Xiaoping made China into a free market economy, now probably the biggest in the world). I would rather stick with the policies that have been proven to make my family and the rest of the world so much better off. The proposed wealth redistribution will achieve little, we must first fix NZ’s low wage economy.
The views expressed implying that a free market economy is more vulnerable to Covid-19 infection look daft to me. Never seen an epidemiologist suggest this one. The following countries have seen high infection rates, USA, England, France, Spain Italy. Perhaps its because they are Christian, or perhaps because Christianity is in decline in all these countries?

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