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Archive for 'Inequality'
A sick system: 85 people own the same as 3.5 billion poorest
Posted by John, January 22nd, 2014 - under Inequality, The rich.
Comments: 5
Anyone who believes that wealth “trickles down” from rich to poor would be stunned by the latest figures writes Dave Sewell in Socialist Worker UK.
The world’s richest 1 percent own 65 times more than the combined wealth of the bottom 50 percent.
And the top 85 billionaires alone have more between them than the bottom 3.5 billion people.
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Capitalism: unequal by design
Posted by John, May 7th, 2013 - under Capitalism, Inequality.
Comments: 3
The capitalist system must maintain inequality as a function of the drive for profits writes Socialist Worker US.
I could live on $6321 a week
Posted by John, January 2nd, 2013 - under ACOSS, Inequality, Jenny Macklin, Newstart allowance, OECD, Poverty, Single mothers, Single parent payment, The dole.
Comments: 8
The shift of wealth to the rich over the last few decades and increasing poverty has been in part because we workers haven’t fought back. The time has come to tell the very very well paid Jenny Macklin and the ruling class she represents that the poverty she and the rest of the Gillard Labor government create through their deliberate policies has to end now. That can only come about through a massive societal and industrial campaign to prioritise the poor and working class over the rich and business.
Capitalism is the cause of inequality
Posted by John, September 24th, 2012 - under Capitalism, Inequality, Tax, Tax avoidance, Tax havens.
Comments: 1
Between $21 and $32 trillion – as much as Japan and America’s GDPs combined – has been stashed in offshore tax havens by the world’s richest 10 million individuals. Just 92,000 of them claim a $9.8 trillion dollar share.
Australia – egalitarian and classless?
Posted by John, December 6th, 2011 - under Hours, Inequality, OECD, Organsiation for Economic Cooperation and Development, Strikes, Wage increases, Wages.
Comments: 3
The time has come to fight back, to win a more equal society by striking for big real wage increases. And the time has come to redistribute wealth away from them and back to us by fighting to cut the working week to 30 hours.
This is the one percent’s ‘democracy’
Posted by John, November 16th, 2011 - under Democracy, Inequality, Obama, Occupy Australia, Occupy Wall Street, Occupy!.
Comments: 3
Obama is speaking to the politicians of Australia’s one percent on Thursday. That day there is a demonstration against him at Federation Park outside Parliament House in Canberra at lunchtime. Be there to show your support for the Wall Street Occupiers and the protesters around the globe. And for the other members of the Occupy movement across Australia – support the 99% in struggle. Support the QANTAS workers, the Baiada picketers, the maritime workers, the public servants, the nurses, all those fighting for better wages and conditions. That is our future. That is our hope.