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The formation of cooperatives doesn’t by itself eliminate competition

Wages — and thus the human beings who work for the wages — are commodities in capitalism, or any system in which distribution is monopolized or largely controlled by capitalist-style market relations. A cooperative economy, therefore, has to not only be based on enterprises run on cooperative lines, but the cooperatives must cooperate with each other as well. An economy would have to be based on democratic control.


Concern over oil deals

Potential implications of contracts being signed between landowners and oil and gas companies saw representatives of eight Taranaki law firms come together in Stratford to discuss concerns.

"Once the agreement is signed, it is signed," says Philip Armistead from Thomson, O' Neil & Co.

He says landowners could be in breach of other agreements and the potential impact of not understanding what is being agreed to, could be huge.

"I have seen agreements where for laying pipelines access is also granted to land other than where the pipeline is being laid; some clauses in access agreements provide consent for other associated activities for ever; and some limits the companies' liability should something go wrong."

There is no democracy without economic democracy

When we talk about “democracy,” inevitably, it seems, the discussion is about political democracy. Rarely is there discussion about economic democracy. Democracy stops at the entrance to the workplace. Inseparable from a vigorous and real political democracy is economic democracy. Economic democracy is impossible without production being oriented toward human, community and social need rather than private accumulation of capital. And economic democracy, in turn, requires an economy that is based on, and rewards, cooperation rather than competition. An economy in which enterprises are cooperative ventures rather than top-down authoritarian institutions.

Police Called in to TAG, NZEC Dispute

Rumours that police “raided” the New Plymouth offices of fellow Canadian listed junior New Zealand Energy Corporation last week, as well as the private residences of some NZEC executives, appear a little exaggerated though.

However, TAG chief executive Garth Johnson has confirmed to EnergyNewsPremium that his company “has laid a complaint with the police alleging the removal of confidential information from its offices”.

NZEC communications and investor relations vice-president Rhylin Bailie confirmed “the police did visit the New Plymouth office regarding a matter that does not involve any of NZEC’s activities”.

“Because it does not involve NZEC’s activities, it would not be appropriate for us to comment any further,” she said from Vancouver.

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Trans-Pacific Partnership trade pact would allow national laws to be overruled by corporations

Shrouded in secrecy, the Trans-Pacific Partnership is attempt by world capital (but most forcefully by U.S.-based capital) to impose extraordinarily one-sided rules that would go beyond their current model, the infamous North American Free Trade Agreement, in several ways. The TPP is intended to be a new floor in the ongoing effort to lock in the domination of industrialists and financiers through the multi-national corporations that they control. That we know anything at all about it is due to leaks.

Many of the harshest rules proposed to be included in the TPP are being pushed by the U.S. government. Among the measures being negotiated are new monopoly rights for pharmaceutical companies and the ability for them to overturn the policies of countries such as New Zealand that result in relatively low prices for medicines, policies that U.S.-based pharmaceutical companies wish to overturn.


Partial asset sale law passed by 1 vote

Legislation allowing the partial sale of four state owned energy companies has passed Parliament by a single vote.

The passing of the controversial legislation mandates a sell-down to 51 percent Government ownership of Mighty River Power, expected by the end of September.

The Government again came in for a final sustained attack from opposition MPs over the bill, but it was the absent UnitedFuture MP Peter Dunne who was reserved for particular criticism.

Dunne's vote, combined with that of Act MP John Banks and the 59 of National overcame the 60 dissenting votes of Labour, the Green Party, New Zealand First, the Maori Party and Mana's Hone Harawira.

Tuhoe leaders call for financial support for Iti appeal

Tuhoe leaders and organisations are trying to raise cash for Tame Iti's appeal costs but one kohanga reo which has been asked will not be contributing to save Iti's "backside".

Iti was last month jailed for 2 years on firearms charges relating to the 2007 Urewera raids.

A Ministry of Justice spokesman said Iti was not at present receiving legal aid for his appeal, but figures to late April show that $347,876 had been spent on his defence in the Urewera trial this year.

National Kohanga Reo Trust's chief executive officer, Titoki Black, emailed seven Tuhoe language nests this month saying that another tribal organisation, Te Uru Taumata, had asked for more support for Iti.

Mining to be permitted in marine sanctuaries

The Government is permitting petrol and mining exploration in marine mammal sanctuaries – home to rare dolphins, whales and seals.

Six sanctuaries around New Zealand's coastline are meant to provide a permanent refuge for marine mammals in fisheries waters.

But Green Party MP Gareth Hughes has branded them "sham sanctuaries" as oil companies have been granted 10 permits in four of the protected areas.


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