Friday, March 06, 2009

John Banks sticks his hand in your pocket

John Banks made an election promise two years ago that Auckland ratepayers would not have to stump up for the Rugby World Cup.

John Banks has just announced this morning the imposition of a $23-per-head charge on ratepayers specifically for the Rugby World Cup.

So much for election promises.

But it's important, says Banks (who I still like to call the Minister for Rhyming Slang). It's "for the collective good," he says. 

What’s that?  The collective good, you say?  But the idea of a "collective good" is a non-existent concept.  It's an anti-concept: one that wipes out a real concept, i.e., individual good. 

You see, 'good' requires a valuer: good has meaning only as a value to someone: it pertains only to an individual valuer.  I can only have meaning in that context: what’s valuable to an individual, by their own independent judgement. 

So what "collective good" really means then is that someone -- a community "leader," a politician, a busybody – has decided that “the community” is going to play for their choices.  For their values. And if you don’t stump up, they’ll be getting out the big stick.

It’s not about “the good.”  It’s about politics.  If individual ratepayers valued the Rugby World Cup enough, they would stump up voluntarily to make up whatever shortfall is identified.  The fact that Banks is having to use force betrays the fact that they don’t.

It’s not even about economics. 

Banks says that the $23-per-head charge on ratepayers is an “investment.”  An investment. 

Let’s think about that for a moment.  Investment is a subset of productive expenditure.  An  investment can be defined as “productive expenditure for goods and services which make productive sales.”  

How does’ Banks’s pseudo-investment fit that bill?

In the unlikely event that the money was to be recouped, then that might conceivably be an investment.  But even then it wouldn’t be ratepayers who recouped the “investment,” but Auckland businesses – and since Auckland businessmen seeking to make a profit on such an “investment” are manifestly not queuing up either to stump up voluntarily, then we can easily see their own evaluation of  the prospects of such a profit; they have demonstrably already dismissed the idea that such an outlay would be recouped.

Which means that what the Minister for Rhyming Slang is applying here is a uniquely political concept of investment: which is “unproductive expenditure for economic white elephants which only make sense to a politician. “

In other words, you’ll be helping to pay for John Banks’s re-election campaign – which he undoubtedly intends to run off the back of a Rugby World Cup vibe.

Which means this is just another example of how bad thinking (in this case, the non-existent concept of "collective good") leads to bad politics: you paying for something you don’t want.

It’s not common sense at all: it’s politics – as RWC 2011 has been since Auckland won it.

Labels: , ,


Anonymous Anonymous said...

this is typical of the "we have to have a party" Hubbard council spending that Banks and C&R have just carried on with - Beckham etc

They fall to all the hype from the promoters. The RWC is no different - Clark and co jumped on it for political reasons - around the country, it's costing more to host it than we will earn.

Also it's just displaced income - they all talk about the extra visitors - 60,000 - but we get 200,000 every Oct anyway. The normal tourists/business visitors can't come because hotels are full.

They talk about billions on TV - yet French RWC only had 41m viewers - same rugby nation fans watching multiple games.

Time for a reality check

3/06/2009 09:46:00 am  
Blogger Alistair Mackay said...

Auckland ratepayers are getting off easy. The average Dunedin ratepayer is going to have to pay about $200 extra rates a year for the next 20 years to pay for Dunedin's new Stadium.

3/06/2009 09:49:00 am  
Anonymous LGM said...

It is all about a pack of lies and the scum who utter them.


3/06/2009 09:49:00 am  
Anonymous twr said...

I would be ok with it if it was Tyra...

3/06/2009 10:44:00 am  
Anonymous Marcus said...

I could understand it if it was the Rugby League World Cup ;D

3/06/2009 11:20:00 am  
Anonymous forex download said...

Dear Admin,
I am looking for some good potential sites like yours for link exchange. I reviewed your
site and found that, in SEO perspective your site is Perfect. Also, this would
be a great resource for my visitors.
I would request you to consider adding our website in your links.

The site I would like to suggest for inclusion is..

Here is the detail of the site..
Title : Forex Download
Description : An automated forex trading software for all forex trading needs.

Your links will be added here after your approval.

I assure you both of us would be equally benefitted by this linking method.

Thank you very much for your time and support. I look forward to hear from you soon!

Best Regards,

3/28/2009 03:12:00 am  

Post a Comment

Respond with a polite and intelligent comment. (Both will be applauded.)

Say what you mean, and mean what you say. (Do others the courtesy of being honest.)

Please put a name to your comments. (If you're prepared to give voice, then back it up with a name.)

And don't troll. Please. (Contemplate doing something more productive with your time, and ours.)

Links to this post:

<< Home