Obtaining the Competitive Advantage
1. We need to produce a strategic plan like the Porter Report on how New Zealand can create a competitive advantage and climb out of debt, rebuild our assets, employ our people and offer a stable democratic environment to pass onto our children.
2. In order to do that we need clear focus on understanding how we can shift our nation into a work mode of maximising the returns of the resources we have.
3. And we need to fully understand why we have failed.
The Next Step
In the coming years food production is going to be critical all around the world. Already we can see a movement of capital from equities into commodities as investors begin to corner assets with real use rather than paper value.
The only problem I see in creating a strategic report is finding decision makers in Parliament who have the requisite clever skills and to understand and implement it.
A report of that type presented to the skill base of men in the board of BHP, I wouldn’t worry. But with parliament it is of serious concern. It is their political management that has brought New Zealand onto it’s knees.
In my 25 years of business all around the world I have often sat in boardrooms of highly successful companies. And watching their leadership style I often compare it to what I have seen with politicians who are running parliament and New Zealand into the ground. Our politicians run the country like a naughty kids club would.
The Fiduciary Rules Needed to Save New Zealand
Government is a trust structure. It is owned by the people. Its leadership team are selected by political process and they gain control of that trust structure. They are the nation’s most important managers.
A Politician’s role is fiduciary. A key foundation characteristic of a fiduciary is they are a person who bring professional excellence to the relationship. That is where people get the confidence from to confer the power to them as you do with say a doctor. They are also selfless and owe a duty of care to those entrusting them to the responsibility of the job.
But unlike all other fiduciaries that are legally accountable, politicians and judges have immunity which allows them legal permission to fail and they can get away with it leaving the damage behind. And we see this damage year after year.
The immunity problem is something people face all around the world face. Some countries are much worst than others. But slowly people are beginning to connect the dots between poor political service and immunity which holds onto an ancient law that suggests the King can do no wrong in the service of the people. But they do fail and that is the problem.
A fiduciary duty is an ethics based legal relationship of trust and confidence between us the people and the politicians we entrust running the management of our nation.
So Where is the Transparency and the Accountability?
Politicians rather naively and arrogantly suggest if you have a problem with the government they say you have the right to protest- with your vote. Those who have been a victim of government action understand they want a more direct method of exposing failure.
Vital to democracy are checks and balances. It is something we appear to have missing with crown immunity because it is being used to stop inquiries.
I prefer the jury system. It is a long-standing fundamental safeguard and is better positioned to protect human rights.
Under a new transparency system it is proposed we apply this system for ensuring fiduciary duty is performed, and not abused and hidden away.
That is, if a politician or a judge does not perform their fiduciary duty, or allows a conflict of interest, or blatantly betrays the trust and abuses their power, a person can apply to a constitutional jury of randomly selected people from the populace, to determine whether there has been a failure of their fiduciary duty on an ex-parte basis.
Once in possession of that order the Minister or judge is served with the order and if they fail to respond a second application could be made to another jury seeking an order to suspend both the salary and power of the defendant who has failed to comply.
Currently, judge’s and politicians peers determine whether there has been a failure or not. That is the cover-up system.
Over a period of time, relationships at the upper echelons can become fraught with hidden conflicts of interests, and this is commonly known as corruption. Currently, there is no avenue for people to address corruption.
The Objective here is the Improvement of Political and Crown Leadership
In other words, raising the quality and accountability to a fiduciary standard instead of what we have been getting which is destroying our nation.
My first concern is New Zealand. Political parties and politicians over the years have been influenced by outside commercial interests. Debt is climbing, businesses closing, unemployment is growing, inflation is hurting family budgets, deposit holders have lost billions of dollars; the courts and justice system are failing.
Then when victims and concerned people look to parliament for help and direction our politicians are not interested in matters that don’t gain them votes. Or they are too busy either fighting or laughing.
In this paper I suggest members or new members of political parties like National, Labour, ACT, United Future, Progressive Party, Maori Party, NZ First, and Greens change the party policy on Crown and Judicial immunity.
And from party policy it then becomes fixed with the candidates and so we then get legislative changes.
Then we have a very different political dynamic. Battle won- better political leadership through transparency and accountability.
I am sure all agree it is needed to save our country from the destruction our most important fiduciaries have inflicted on us over the last 30 years.
Christopher Wingate
Further reading-
http://idiotsinpower.blogspot.com/2011/02/what-we-need-is-report-that-identifies.html
http://lawisanass-wingate.blogspot.com/2011/02/does-new-zealand-need-to-sell-state.html
http://worldeconomy-wingate.blogspot.com/2010/08/billionaires-millionaires-why-invest-in.html
Join the Protest
http://www.facebook.com/event.php?eid=151994471525900&pending
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