Wednesday, July 28, 2004

A nation of property owners

Rod Oram in introducing The New Zealand Institute sounds a lot like Magaret Thatcher, which is no bad thing:

Studies overseas strongly demonstrate that people's behaviour changes when they start to own assets. They are more conscientious savers, they think long term and they have a greater sense of commitment to, and benefit from, the economy and society at large. In other words, ownership helps create social cohesion.

Giving the ideas pot a good stir

It's a message that the social democratic left should take to heart. Attempting to achieve an equitable balance between the public and private provision of goods and services is not incompatible with increasing people's sense of belonging and commitment through private property ownership.

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