Wednesday, January 19, 2011


Capitalism – Friend or Foe?

I have been thinking long and hard prior to even attempting to write this blog. I am sure that most “thinking” people will consider these comments before dismissing them. Certainly, all of us should have a considered opinion about the world culture in which we live and have the maturity to distance ourselves from the influencing benefits and incentives that so easily shroud us from sound thinking.

Over the past few years, I have become saddened and challenged, by the widening gap between the haves and have-nots. I have spent most of my adult life serving none profit organisations, through an underlying belief and a commitment to bringing change. Change, that comes via influence and practical assistance, rather than a soapbox mentality.

In recent times, several western governments used the world’s economy as a means to financially bailout many of the faceless corporate entities, citing that without such a move, the world would slip into an unprecedented recession. Laws were passed almost unchallenged (certainly unheeded) and at a pace that would leave an Olympic sprinter out of breath. All these acts proceeded without as much as a referendum by the people or a consultative process. These people acted in the interests of whom?

In our western culture we consider capitalism as many would religion. In fact to many, capitalism isn’t merely a religion it is a god. It dictates not only what we believe but how we behave. When communism adopts capitalism (to the point of excelling on the world stage), one has to question “what is the underlying philosophy that regulates capitalistic behaviour?” Many of the values and motives that our fore fathers embraced under freedom, no longer apply in the world of business.

Recently, I spoke to a business person in connection with a critical issue relating to personnel. Their response was “This is not personal, it’s business.” This statement typifies the lack of ethic and morals that are part of many business decisions and individuals psyche today. For every action there is a reaction!

Whilst shopping in the mall recently, I was literally accosted by a middle aged woman, who frantically dumped facts and figures about the world economy and the world’s most powerful bankers upon me. It was a tidal wave of passion and concern. She held my attention for close to fifteen minutes and departed as quickly as she had arrived. Why me? Out of the thousands of shoppers and at any given time of the day, she chose to dump this on me and left. The very next day, as I was browsing TV, I found myself watching Michael Moore’s documentary “Capitalism, a love story”.

Now I’ve been thinking! When decisions are made based purely on a financial outcome and with no regard for those for whom these decisions ultimately effect, are we acting in the interests of community or bank? Aren’t public servants charged with acting in the best interests of those to whom they serve and are responsible? It seems to me, that the only people to benefit out of the “supposed” recent financial collapse, were the CEO’s and investors that saw it coming.

There is a clear disparity between those for whom income is on a fixed rate and those who can “write off” expenses. In Moore’s documentary he asked the question “How would Jesus view capitalism and what was his response to the capitalists of His day? I’m still thinking!

Today, I received an e-mail with the following attached. I don’t know the person responsible for its collation, but for your interest, it may well sound very familiar?


Send it Around New Zealand

At first I thought this was funny....... Then I realized the awful truth of it. Be sure to read all the way to the end!

Tax his land,

Tax his bed,

Tax the table

At which he's fed.

Tax his work,

Tax his pay,

He works for peanuts


Tax his cow,

Tax his goat,

Tax his pants,

Tax his coat.

Tax his tobacco,

Tax his drink,

Tax him if he

Tries to think..

Tax his car,

Tax his gas,

Find other ways

To tax his ass.

Tax all he has

Then let him know

That you won't be done

Till he has no dough.

When he screams and hollers;

Then tax him some more,

Tax him till

He's good and sore.

Then tax his coffin,

Tax his grave,

Tax the sod in

Which he's laid.

When he's gone,

Do not relax,

Its time to apply

The inheritance tax.

Accounts Receivable Tax

Airline surcharge tax

Airline Fuel Tax

Airport Maintenance Tax

Building Permit Tax

Cigarette Tax

Corporate Income Tax

Death Tax

Dog License Tax

Driving Permit Tax

Environmental Tax (Fee)

Excise Taxes

Local Body Tax

Unemployment (UI)

Fishing License Tax

Food License Tax

Gasoline Tax (too much per litre)

Gross Receipts Tax

Health Tax

Hunting License Tax

Hydro Tax

Inheritance Tax

Interest Tax

Liquor Tax

Luxury Taxes

Marriage License Tax

Medicare Tax

Mortgage Tax

Personal Income Tax

Property Tax

Poverty Tax

Prescription Drug Tax

Provincial Income and sales tax

Real Estate Tax

Recreational Vehicle Tax

Retail Sales Tax

Service Charge Tax

School Tax

Telephone Tax

Telephone , Provincial and Local Surcharge Taxes

Telephone Minimum Usage Surcharge Tax

Vehicle License Registration Tax

Vehicle Sales Tax

Water Tax

Watercraft Registration Tax

Well Permit Tax

Workers Compensation Tax

--- and in 2010


Not one of these taxes existed 100 years ago, & our nation was one of the most prosperous in the world. We had absolutely no national debt, had a large middle class, and Mom stayed home to raise the kids.

What in "Hell" happened?