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by petre 2732 days ago
Unfortunately I don't see any solution to this problem other than doing away with career politicians and swirching to time limited mandates. Career politicians eventually go corrupt. Rich people's capital run investments. The wealth is not hoarded, it's almost always invested, otherwise it's eventually lost. Without the rich and investments, your country could look like Mongolia and you could ride a horse to work and live in a teepee, which is not necessarily bad, just different. Yes, New Zealand is a nice place to live but it's economy is dwarfed by the US economy and so are the money making opportunities there. It's not even in the G20 and it's main exports are agricultural products, fish and machinery.