Wednesday, June 07, 2006

Labour, but not as we know it

Here the World Socialist Website continues its assault on the PM;

The increasing social inequality illustrated by these processes has been developing since the market “reforms” instituted by the Labour government in the 1980s, which saw a sustained attack on jobs and wages and the privatisation of public assets. Throughout the 1980s, the real value of wages declined, while the share of national wealth accumulated by the propertied elite rapidly expanded.

This process was extended by the Nationals in the 1990s, and continues today under the Labour-led government of Helen Clark. Since Clark was elected in 1999, by falsely presenting Labour as a “centre-left” alternative to the right-wing monetarist economic agenda of the previous period, the wealthy have increased their net worth at a greater rate than at any time during the previous decade when the conservative National Party held office.

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