Herald on Sunday

Spaceships or factories?

- Liam Dann Herald business editor-at-large

What does success look like for New Zealand? On a weekend filled with America’s Cup and All Black action it’s not exactly rocket science to conclude that sporting success is a big measure for many Kiwis.

Then there’s the actual rocket science. Peter Beck and his Rocket Lab team went to space from Mahia Peninsula last month.

Or, how about artistic glory? Lorde is set to hit number one on the US album charts according to Billboard magazine. Lisa Reihana is wowing critics at the Venice at Bienniale.

These are great shining feats of excellence but do they move New Zealand collective­ly to a better place?

Herald cartoonist Rod Emmerson cut through all the national glory last week with his image of New Zealand as a speeding family stationwag­on packed to the brim with awards and trophies.

A voice from the car expresses a nagging doubt that we might have forgotten something and on the side of the road a small child looks sadly on . . . left behind.

Emmerson’s subject was the Unicef report on child poverty, in which New Zealand was topping the wrong sort of charts. But his vision also captured a broader issue for us all, particular­ly in the world of business, finance and economics, as we race towards a wealthier more entreprene­urial future.

What is our destinatio­n? Is there consensus about it? There’s no finish line for nation-building but it makes sense to think about what we want our country to look like in 20 years’ time. It’s one of the fundamenta­l questions as we head into an election year.

In an interview (at the pub) this month I asked Finance Minister Steven Joyce what sort of country he was hoping New Zealand would be in 20 years.

His answer was pretty compelling to me — perhaps because we have children of a similar age. He talked about building a country that can offer the next generation exciting, well-paid careers — jobs that they’ll want to stay in New Zealand to do.

On that front New Zealand has made great progress in the past 20 years.

I headed offshore on the big OE and when I came back in 2000 it wasn’t with any certainty that it would be for good.

But I’ve watched New Zealand undergo remarkable transforma­tion in the years I’ve been back. My kids can contemplat­e careers in industries that just weren’t options for me growing up.

New Zealand has become a more open, diverse, entreprene­urial nation.

This was certainly John Key’s vision for New Zealand, one that he tried to cap off — somewhat pointlessl­y — with a new flag.

That New Zealand is a more desirable place is confirmed not so much by the number of new immigrants but by the number of young Kiwis who are staying put.

Proof that we have left people behind only requires a walk up Queen St and we shouldn’t really need a Unicef report to see that poverty afflicting many children in poorer communitie­s — just ask a teacher if you need some perspectiv­e.

The downside is that greater economic freedom can mean greater risk.

We’ve moved at a break neck pace and we are victims of our own success.

National under Bill English seems to have woken up to this, belatedly.

But there remains fertile ground for a dynamic opposition to make the case for a more compassion­ate capitalism.

Unfortunat­ely, fresh opposition ideas seem increasing­ly to be drowned by politician­s talking about taking New Zealand back to a less dynamic time.

Did I say politician­s? Well . . . you know where this is going.

New Zealand First leader Winston Peters has been quite explicit in calling the last 32 years of open, economic transforma­tion a failure. He calls it neoliberal and he clearly believes that New Zealand was a better place before the 1984 election.

Perhaps it was safer and more equal. I was a child but I remember people feeling angry and frustrated by the level of control that politician­s and bureaucrat­s had over their daily lives.

It’s probably true that our controlled economy, artificial monetary policy, fixed currency and our regime of Government subsidies did create jobs.

I remember the outcry when the last

HWhat’s your view? letters@hos.co.nz shoe factory was forced to close after Labour’s economic reforms. I also remember how ugly locally made shoes were (Charlie Browns anyone?) and I certainly don’t know anyone who wishes their children still had the opportunit­y to work in a shoe factory.

Regardless, it doesn’t matter of how wonderful, terrible or otherwise you think the past was — we can’t go back. There is no time machine.

I love nostalgia. I love the music and fashion of the 60s and 70s. Nostalgia is comforting and easy to sell. But nostalgia is a fantasy land.

And so are New Zealand First’s policies of the past, whether they are a return to the state-sanctioned smacking of children or currency control, shoe factories or a bicultural society where Maori aren’t treated as tangata whenua.

Hopefully the next few months will bring a vibrant election campaign filled with vision for the future, and new ideas to take New Zealand forward to a better place.

Because going forward (to borrow an awful piece of business jargon) is the only way the world goes.

There’s no finish line for nationbuil­ding but it makes sense to think about what we want our country to look like in 20 years.

 ??  ?? Rocket Lab is creating actual rocket science here in New Zealand.
Rocket Lab is creating actual rocket science here in New Zealand.
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