Milk powder threat exposes weakness of a market economyPosted: March 23, 2015
The Editor, The Sunday Star-Times, Auckland
17 March, 2015
The Prime Minister knows of the term ‘eco-terrorist’ and apparently thinks he has found a situation where he can use it. But there has been no contamination of milk powder found, only a threat which has the feel of being a bluff, yet to be worked through by police. So is it just another casual and careless reference by the PM?
Or is there a hope that the terrorism legislation can be invoked to prosecute the threat maker? The legislation includes threats to the economic well-being of the country. Days of concern about the milk powder market would indicate a strong sensitivity. But that exposes a weakness of a market economy, not a threat of terrorism. Putting the country’s economic eggs in a large export market, mostly through dairy, is not wise and not necessary. Any healthy national economy can primarily thrive out of a strong local economy with little inequality.