New Zealand with its overpowered unicameral parliament became the darling of international market liberals for implementing all the tough “reforms” asked of it in the 1980s and 90s. These reforms were intended to restructure the economy and pay big dividends to New Zealanders down the track.

I suppose the bit about paying big dividends did come true, at least for the rich end of town. For everyone else, not so much. Fifty years ago, New Zealanders per capita were richer than Australians. Now they have fallen significantly behind and have a much higher income inequality which is more comparable to that of the United States. It’s still a rich country, of course, but not so great if you are on a low income.

Thomas Frank: Things will change between now and November, of course. But what seems most plausible from the current standpoint is a landslide for Clinton, and with it the triumph of complacent neoliberal orthodoxy. She will have won her great victory, not as a champion of working people’s concerns, but as the greatest moderate of them all, as the leader of a stately campaign of sanity and national unity. The populist challenge of the past eight years, whether led by Trump or by Sanders, will have been beaten back resoundingly. Centrism will reign triumphant over the Democratic party for years to come. This will be her great accomplishment. The bells will ring all over Washington DC.

This article seemed to generate a few negative comments from the New York Times readership.

Originally shared by Jeff Zahari

I really should write Donald Trump a thank you letter for proving my contention that there’s no tangible difference between the Republicans and the Democrats.

True.

Originally shared by Greg Copeland

This is what happens when you piss off a member of Silicon Valley’s elite. Billionaire Peter Thiel bankrolled this case and several others in order to destroy Gawker and its editorial staff personally.