A very clear left-right divide has opened up in New Zealand politics over the issue of foreign investment, specifically over the sale of the Crafar farms. The political left has been pushing an economic nationalist line against the right’s globalised internationalism. This debate has evolved into a question of whether it is xenophobic or even racist to oppose foreign investment, especially the purchase of land.
On what might be seen as the 'broad left', those opposing foreign investment include the Labour Party, the Greens, and even government coalition partner the Maori Party. Things are getting heated, with the Labour Party calling the sale ‘unpatriotic’, and the Standard attacking Fran O'Sullivan's triumphalism about the decision in a rather vicious blog post entitled
Treachery.
Economic nationalism often doesn't fit neatly into the left-right divide. The xenophobia it normally attracts is at odds with the left's internationalist traditions, while on the right traditional rural capital is usually on the defensive against larger multi-national corporates.
There is no doubt that public sentiment is running strongly against the sale to Shanghai Pengxin, and the Government is feeling the heat. This morning John Key raised the possibility of tightening restrictions on land sales – see:
Change to foreign ownership law possible, says PM. Key's instincts will be to make further placating noises like this but, as with his ’tenants is our own land’ comment, he may be setting a trap for himself down the line. Debates about foreign investment and xenophobia will continue to structure politics in this country for some time yet. In this regard, it’s worth reading Phoebe Fletcher’s blog post,
Crafar farms: racism or economic nationalism?.
TVNZ's Tim Watkins – not exactly a raving rightwinger – reflects the left-right tension over foreign investment in a very good blog post which tends towards favouring the foreign investment, with some misgivings – see:
Crafar Farms deal ticks the boxes – but where does it end?. Bernard Hickey (
False comfort from chief borrowing addict) thinks it will end one of two ways. He says John Key is an ‘enabler’ who encourages us to use debt and asset sales to continue our deficit and, in doing so, makes the problem worse. He reckons that either New Zealand will eventually have an ‘intervention’, or else it will have nothing left to sell and no-one willing to lend to it.
In other articles of interest, John McCone has written has a very good background piece (
Bringing down powers that be) on the Christchurch protest being organised for Wednesday, again highlighting how opposition to the council leadership is crossing traditional political lines. Far from explaining the need for the $68,000 increase, the release of CEO's Tony Marryatt's actual performance review may only increase the protest turnout – see:
Marryatt's ratings fell but salary kept rising. Also, Rod Oram has a very good summary of Christchurch's economic challenges a year after the biggest quake – see:
Anger in a city dispossessed. He highlights the failure of the insurance market as a major hurdle and calls for the government to take direct action to fill the gap left by the market. Finally, Tracy Watkins has provided a good analysis of issues and strategy for the Government in her column,
The 2012 political circus is up and running.
Today’s content:
Foreign land sales
Anthony Hubbard (SST): Keep foreign hands off our land [Not currently online]
John Tamihere (Sunday News): Leasehold is the way to go [Not currently online]
John Hartevelt (SST): Chinese whispers add to conspiracy theories [Not currently online]
Occupy movement
Australia-New Zealand relations
Commencement of political year
Gordon Campbell (Wellingtonian): Steven Joyce – National’s Mr Fixit [Not currently online]
Rawiri Taonui (SST): Potential is for conflict or convergence [Not currently online]
Christchurch and local government CEO pay
Christchurch rebuild
Media and politics
Sunday Star Times: Editorial – Key needs to learn lesson from Canute [Not currently online]
Sunday Star Times: TV meddling turns off the voting public [Not currently online]
Treaty politics
Other
Bruce Wills (SST): Milk regulation plans unlikely to fix price problem [Not currently online]
Michael Field (SST): Ship will sail for some fishers [Not currently online]
Michael Field (SST): Charter fishing from the inside [Not currently online]
Comments and questions
This is not a left-right issue. Laws have to be applied consistently. If existing New Zealand laws allowed foreign investments by, say, Britain, United States, Australia; then the same rules must apply to China. It is clear that this would be an ordinary transaction had the purchasing party been a more "traditional" country, but this is merely a mask for racism. Prime Minister John Key is right: you cannot have one set of rules for certain countries, another set of rules for another.
Agree with the above comment, however - instead of selling the land - could a continuous, 1000 year, on-going lease not have been a better option?
Terms of the lease - environmental standards exceeded, regular, on-goin lease payments to the government, animal welfare standards etc, etc.
we could have sold it to Fay hahahaaaa like the BNZ and NZ Rail then he could have sold it on for a profit a few years later.
Africa for the Africans,Asia for the Asians,white countries for EVERYBODY!
Everybody says there is this RACE problem. Everybody says this RACE problem will be solved when the third world pours into EVERY white country and ONLY into white countries.
The Netherlands and Belgium are just as crowded as Japan or Taiwan, but nobody says Japan or Taiwan will solve this RACE problem by bringing in millions of third worlders and quote assimilating unquote with them.
Everybody says the final solution to this RACE problem is for EVERY white country and ONLY white countries to “assimilate,” i.e., intermarry, with all those non-whites.
What if I said there was this RACE problem and this RACE problem would be solved only if hundreds of millions of non-blacks were brought into EVERY black country and ONLY into black countries?
How long would it take anyone to realize I’m not talking about a RACE problem. I am talking about the final solution to the BLACK problem?
And how long would it take any sane black man to notice this and what kind of psycho black man wouldn’t object to this?
But if I tell that obvious truth about the ongoing program of genocide against my race, the white race, Liberals and respectable conservatives agree I am a naziwhowantstokillsixmillionjews.
They say they are anti-racist. What they are is anti-white.
Anti-racist is a code word for anti-white.
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