Other formats

    Adobe Portable Document Format file (facsimile images)   TEI XML file   ePub eBook file  

Connect

    mail icontwitter iconBlogspot iconrss icon

Salient. Victoria University Student Newspaper. Vol. 37 No. 3. March 20, 1974

'Super' Scheme

'Super' Scheme

Dear Sir,

After reading the article written by Doug Wilson ['Super' Scheme Fighting Foreign Control? — Salient Vol. 37, No 2, March 13) the first impression is, it sounds fair. Fair or not, why should people be forced by any bully, or Government to save? Surely the time honoured method of inducing one to save allows one to exercise free will. If the scheme was made voluntary its appeal would obviously induce people to join.

It appears the Government is hitting hard at foreign control with one hand, and simultaneously dropping their guard to inflation with the other. For if the wage earner has 4% of his wages taken away he will have less to spend. The employer will build the 4% he has to pay into his cost structure i.e inflation or industrial strife.

Should we allow bureaucratic efficiency to invest "vast capital reserves"? I suggest the bulk of the "selective....maximum development" will be in the development of Government holdings in NZ companies.

As an "inheritor of earlier Labour belief", the Labour Government does have a "logically cohesive economic objective". The socialisation of NZ resources and the allocation of these resources; stated principle of the Labour (Movement) Party in 1935; the principle is still with the Labour Party today.

In reference to the words "political skill", that is an opinion. I suggest if you take a clear study of the Labour Government's origins you will find the "real and final objective" is a socialist New Zealand.

John McDonald