{"id":5693,"date":"2015-06-18T08:43:14","date_gmt":"2015-06-17T19:43:14","guid":{"rendered":"http:\/\/mananews.co.nz\/wp\/?p=5693"},"modified":"2015-06-18T09:17:36","modified_gmt":"2015-06-17T20:17:36","slug":"the-rise-in-greed-of-new-zealand-ceos","status":"publish","type":"post","link":"http:\/\/mananews.co.nz\/wp\/?p=5693","title":{"rendered":"The rise in greed of New Zealand CEOs"},"content":{"rendered":"<p><a href=\"http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2014\/10\/avatr.gif\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-77\" src=\"http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2014\/10\/avatr.gif\" alt=\"avatr\" width=\"70\" height=\"90\" \/><\/a>\u00a0Mana News editor Joe Trinder<\/p>\n<p><a href=\"http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/06\/WealthyCEOs.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-5803\" src=\"http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/06\/WealthyCEOs.jpg\" alt=\"WealthyCEOs\" width=\"645\" height=\"690\" srcset=\"http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/06\/WealthyCEOs.jpg 645w, http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/06\/WealthyCEOs-280x300.jpg 280w, http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/06\/WealthyCEOs-570x610.jpg 570w\" sizes=\"(max-width: 645px) 100vw, 645px\" \/><\/a><\/p>\n<p style=\"line-height: 18.0pt; background: white; margin: 0cm 0cm 11.25pt 0cm;\"><span style=\"font-family: 'Georgia','serif'; color: #333333;\">The average wage of a New Zealand CEO is now 100 times of the average worker, In Europe it\u2019s only 26 times. We have the biggest inequality gap between the wealthy and poor in the OECD nations. The economy is suffering because money is circulating between a privileged few.\u00a0New Zealand Aotearoa is no longer a land of opportunity it\u2019s the land of the wrong rich crowd.<\/span><\/p>\n<p style=\"line-height: 18.0pt; background: white; box-sizing: border-box; orphans: auto; text-align: start; widows: 1; -webkit-text-stroke-width: 0px; word-spacing: 0px; margin: 0cm 0cm 11.25pt 0cm;\"><span style=\"box-sizing: border-box;\"><span style=\"font-family: 'Georgia','serif'; color: #333333;\">Back in the day the CEO of NZ Forest Products then the biggest company in the country was on 8k per year the highest paid worker on the floor in the Pulp and paper industry of NZFP was the machine tender.<\/span><\/span><\/p>\n<p style=\"line-height: 18.0pt; background: white; box-sizing: border-box; orphans: auto; text-align: start; widows: 1; -webkit-text-stroke-width: 0px; word-spacing: 0px; margin: 0cm 0cm 11.25pt 0cm;\"><span style=\"box-sizing: border-box;\"><span style=\"font-family: 'Georgia','serif'; color: #333333;\">The most obscene\u00a0conspiracy against the\u00a0New Zealand public is how little these leaders of industry are paying in taxes and when these CEOs eventually fail they are offered golden parachutes worth millions.<\/span><\/span><\/p>\n<p style=\"line-height: 18.0pt; background: white; box-sizing: border-box; orphans: auto; text-align: start; widows: 1; -webkit-text-stroke-width: 0px; word-spacing: 0px; margin: 0cm 0cm 11.25pt 0cm;\"><span style=\"box-sizing: border-box;\"><span style=\"box-sizing: border-box;\"><span style=\"font-family: 'Georgia','serif'; color: #333333;\">Is this the kind of New Zealand you want to live in? Surely you know somebody with a full time job trying to survive but unable to save for a rainy day? Do you still believe in the trickle-down effect?<\/span><\/span><\/span><\/p>\n<p style=\"line-height: 18.0pt; background: white; box-sizing: border-box; orphans: auto; text-align: start; widows: 1; -webkit-text-stroke-width: 0px; word-spacing: 0px; margin: 0cm 0cm 11.25pt 0cm;\"><span style=\"box-sizing: border-box;\"><span style=\"font-family: 'Georgia','serif'; color: #333333;\">We need to move\u00a0the tax burden from the working class kiwi to those who can afford to pay taxes through a Hone Heke financial transaction tax, this is necessary\u00a0if\u00a0New Zealand is going to pay off $80 billion government debt accrued bailing out corporations. Its time New Zealand introduced representation on \u00a0corporate boards of directors split between labour and shareholders through an executive board and a non-executive board.<\/span><\/span><\/p>\n<p style=\"line-height: 18.0pt; background: white; box-sizing: border-box; orphans: auto; text-align: start; widows: 1; -webkit-text-stroke-width: 0px; word-spacing: 0px; margin: 0cm 0cm 11.25pt 0cm;\"><span style=\"box-sizing: border-box;\"><span style=\"font-family: 'Georgia','serif'; color: #333333;\">Why can\u2019t we have economic policy that makes corporations couple the CEOs wages to 25 times their minimum waged worker. This will incentivise corporations to raise the minimum wage for the benefit of all New Zealanders.<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0Mana News editor Joe Trinder The average wage of a New Zealand CEO is now 100 times of the average worker, In Europe it\u2019s only 26 times. We have the biggest inequality gap between the wealthy and poor in the OECD nations. The economy is suffering because money is circulating between a privileged few.\u00a0New Zealand [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":5803,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[5,1],"tags":[],"class_list":["post-5693","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-news","last_archivepost"],"_links":{"self":[{"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=\/wp\/v2\/posts\/5693"}],"collection":[{"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5693"}],"version-history":[{"count":43,"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=\/wp\/v2\/posts\/5693\/revisions"}],"predecessor-version":[{"id":5804,"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=\/wp\/v2\/posts\/5693\/revisions\/5804"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=\/wp\/v2\/media\/5803"}],"wp:attachment":[{"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5693"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}