COMMENT:

The era of neoliberal ascendency sadly now lies in the past.

The historically unparalleled gains in living standards, global equality and human wellbeing following the liberalisation of the 1980s and 1990s now risk being reversed.

Presidents Xi and Trump and Prime Minister Modi all have more nationalist, interventionist, and even authoritarian tendencies than the great reformers of the previous generation.

Advertisement

In New Zealand, statism began to return under Helen Clark, but accelerated under John Key with the explosion of the corporate-welfare machine and his failure to scrap Working for Families.

READ MORE:
David Seymour says Govt wants to 'censor

Advertisement