"Cooperative enterprises address market failure: provide rural electricity or other utilities in sparsely populated areas; affordable healthy and organic foods; access to credit and banking services; access to affordable housing; access to quality affordable child or elder care; access to markets for culturally sensitive goods & arts."
#Cooperatives
#Scarcity
#MarketFailure
#Affordability
#Access
"Auckland University economist Robert MacCulloch has identified the country’s business leaders — particularly those at the helm of large, incumbent firms — as the real drag on New Zealand and the primary “source of our malaise”. His research presents a stunning picture of corporate failure that cannot be blamed on government policy or market headwinds."
#BryceEdwards, 2025
https://theintegrityinstitute.substack.com/p/integrity-briefing-are-business-leaders
"Such poor performance leads MacCulloch to ask a provocative and essential question: how is it possible that these executives are 'so incompetently useless they can’t make a buck even when they have no competition?'. He notes that it is difficult to find another developed country where multiple virtual monopolies are effectively 'run at a loss' in terms of shareholder value ..."
#BryceEdwards, 2025
https://theintegrityinstitute.substack.com/p/integrity-briefing-are-business-leaders
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