‘Kate Hannah’s position as the director of New Zealand’s Disinformation Project has come under scrutiny after a recent YouTube video exposed her fervent support of radical ideologies.
The video, by NZ channel Operation People, cites an open letter reportedly penned by Hannah to her vice chancellor at the University of Waikato in 2017, in which she states that she uses Marxism, feminism and postcolonial theory as critical theoretical approaches to “understand the world”.’ NEW ZEALAND IS IN BIG TROUBLE!!!
Clive Palmer stood tall when our government swallowed the vaccine lies! Now, we know the China virus was a WEF tool to break the West which it did! The world is crumbling and the elite are rejoicing in what they believe is their victory. However, they have not won. Take a moment and read Revelation 15:2 And I saw as it were a sea of glass mingled with fire: and them that had gotten the victory over the beast, and over his image, and over his mark, and over the number of his name, stand on the sea of glass, having the harps of God.
‘Treasurer Jim Chalmers’ 6,000-word essay, recently published in left-wing publication The Monthly, shows conservatives were correct in predicting the Albanese Labor government would be a meddling, bigger-spending, anti-capitalist nightmare.
However, while there is an understandable temptation to label Chalmers’ love letter to big government as “socialism”, that’s not quite right.
It embodies something that could prove far worse.
Chalmers’ promise to “redesign markets for investment in social purposes, based on common metrics of performance” sounds innocuous.
As does his purported optimism that “2023 will be the year we build a better capitalism” that is “uniquely Australian”.
However, this supposedly better capitalism, or “values-based capitalism”, as he puts it, is not uniquely Australian.
It’s been virulently propagated internationally for decades by the likes of Klaus Schwab, founder of the World Economic Forum (WEF), under the banner of “stakeholder capitalism”, and is a core component of the WEF’s Great Reset initiative.
The Great Reset is a proposed alliance between big government and big business to “reset” the global economy post-pandemic, by pushing companies to adopt “Environmental, Social, and Governance” (ESG) policies as a condition of operation.
ESG policies are characterised by identity politics and radical climate action, and are determined in part by faceless, unelected corporate elites.
It’s not socialism; it’s neo-feudalism.
ESG policies are the “values” of Chalmers’ “values-based capitalism”.
We know this because his essay bears a striking resemblance to the type of stakeholder capitalism outlined in Klaus Schwab’s 2022 co-written book, The Great Narrative, a sort of sequel to his 2020 book The Great Reset.
This, for anyone who holds right-of-centre values, should be cause for alarm.
Chalmers describes a core component of values-based capitalism as enabling investors “to work out the climate-risk rating of a firm just as a lender can work out a credit-risk rating”.
“In 2023, we will create a new sustainable finance architecture, including a new taxonomy to label the climate impact of different investments. That will help investors align their choices with climate targets, help businesses who want to support the transition get finance more easily…This strategy begins with climate finance,” he continues.
Similarly, in The Great Narrative, Schwab says stakeholder capitalism “welcomes the idea of legislative action to define with precision the benchmarks for ESG reporting and performance”.
“In the same way that companies have an obligation to report their financial results…in the not-too-distant future they will have a similar obligation to report on ESG metrics… governments will make the last call for setting the legal obligations, targets and incentives around ESG standards.”
Ultimately, the purpose of both values-based and stakeholder capitalism is to justify politicians working with corporations to create big government policies, and insidiously exert the kind of control over markets and individuals that, in isolation, is unpalatable to your average voter.
This is the antithesis of democracy.
Jim Chalmers can claim all he wants that his values-based capitalism is the right thing for Australians, but he seems to forget that values are often subjective.
While he may believe that markets geared towards controlling citizen’s behaviour is a moral good, others (like me) believe this is – at best – overly stubborn.
How much of the news out of China can one really believe? While the West seems to be in a war against the middle class the news out of China is the CCP is seeking to boost its middle class! Whether that’s true or not this article says ‘A critical mission for President Xi Jinping over the next 15 years is likely to be doubling the size of China’s “middle-income” group after Beijing reaches its goal of eliminating absolute poverty next summer, analysts say.
The Communist Party has not specified the target in its 2035 vision – vowing only to “significantly expand the middle income group” – but the message is clear among top policymakers: China must increase its middle class to avoid the middle income trap, where a developing country’s growth stagnates because of structural obstacles that impede development.
Boosting the number of middle-income earners would also help the government implement its new “dual circulation” economic strategy that focuses on developing the domestic market to offset external uncertainty.
Officially about 400 million Chinese are categorised as middle income, which is generally defined by the National Bureau of Statistics as a family of three earning between 100,000 yuan (US$15,200) to 500,000 yuan annually, though the definition is not always consistent.
That represents less than a third of China’s total population. Japan counts two thirds of its population as middle income and the US about a half.