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Keywords: Wealth

  • AUSTRALIA

    The cold wind that blows on the homeless chills us all

    • Andrew Hamilton
    • 04 August 2016
    16 Comments

    National Homelessness Week comes around each year. And each time it is an embarrassment. We pride ourselves that we are a respectful society, but there is no greater sign of disrespect than to allow people to be homeless. Too many people sleep on the streets; too many families sleep in their cars. What must change in us is our tolerance of an economic and political ideology that assumes it is all right for the vulnerable and ill to be neglected in order to protect the entitlements of the wealthy.

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  • AUSTRALIA

    Yielding and wielding personal information

    • Kate Galloway
    • 06 July 2016
    5 Comments

    I once knew of a boy whose birth was not registered. His parents believed this would free him from the strictures of the state: his life would be truly private. But it would leave this boy without the trappings of citizenship that we take for granted. Privacy is likely to become something that we can purchase if we have sufficient wealth. Those without enough wealth will be left exposed through both state and corporate surveillance. We will have an 'underclass' without the choice of privacy at all.

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  • AUSTRALIA

    Banking royal commission is popular, not populist

    • Andrew Hamilton
    • 26 May 2016
    7 Comments

    The evidence of misbehaviour by banks has become public at a time when the underlying ideology has also been criticised. The inherent unlikelihood that an economy based on individual greed will benefit the whole of society is now patent. It is seen as much more likely that unregulated competition for material gain will lead to the concentration of wealth in the hands of the wealthy and powerful. Evidence now suggests that inequality hinders the economic growth it was presumed to nurture.

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  • INTERNATIONAL

    A righteous sermon about the haves and have-nots

    • Gillian Bouras
    • 23 May 2016
    11 Comments

    In America, Rex Tillerson, CEO of Exxon, received a salary of more than $40 million in 2012. He is apparently a devout Christian, so I wonder whether he ever worries about Matthew chapter 19, verse 24: it is easier for a camel to go through the eye of a needle than it is for a rich man to enter into the Kingdom of God. The 400 richest Americans own more wealth than the GDP of India. In contrast, vast numbers of their fellow citizens have less than $1000 in their savings and cheque accounts combined.

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  • ARTS AND CULTURE

    Inside Nauru nightmare

    • Tim Kroenert
    • 19 May 2016
    4 Comments

    With PNG's Supreme Court finding last month that the detention of asylum seekers on Manus Island was unconstitutional, the shamefulness of Australia's border protection policies was once again laid bare. Advocates will be familiar with the facts and arguments that Chasing Asylum articulates. What sets it apart is its wealth of hidden camera footage caught within the grim confines of the centre on Nauru, and Orner's conversations with detainees and social workers who bore witness to the dire daily reality there.

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  • AUSTRALIA

    Homeless Persons Union holds state to account

    • Ellena Savage
    • 15 April 2016
    2 Comments

    When we talk about the 'housing crisis' we are often referring to the plight of young working people and migrants struggling to tap into a property market that has been made a prestige market. This has been incentivised by tax breaks for investors, and is symptomatic of the culture of hoarding family wealth for the purpose of passing down class privilege. The Bendigo Street occupation reminds us that the 'housing crisis' is one and the same as the homelessness crisis; not a crisis of scarcity, but of policy.

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  • RELIGION

    Companies' bastardry about more than bad apples

    • Andrew Hamilton
    • 07 April 2016
    19 Comments

    How do good people sink to this? The answer lies in the mutation of economic ideology from the crude buccaneering spirit of doing whatever it takes to get rich into a more urbane form. People see themselves as competing, not only for their own economic benefit, but for that of the company. This means greed can mask itself as altruism in serving a larger good. And as in the case of churches, identification with the company provides reason for protecting the company's reputation at all costs.

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  • ARTS AND CULTURE

    2015 in review: Burning Scientology

    • Tim Kroenert
    • 14 January 2016

    If you're going to apply a blowtorch to an institution as wealthy and litigious as the Church of Scientology, you might best be advised to first apply a magnifying glass. Alex Gibney details the dark side of the movement: its dubious tax-exempt status; allegations of psychological and physical abuse of current members and harassment of former members. But he is equally interested in unpacking the nature of belief in Scientology: what draws people to it, and also what drives them away.

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  • INTERNATIONAL

    Francis sticks in Republicans' craw

    • Fatima Measham
    • 30 September 2015
    28 Comments

    The only people who regard Francis as radical are those who think popes should only attend to matters of personal conscience. Topics such as abortion and same-sex marriage are safe zones for comment because they don't concern the economic order, or threaten systems that generate wealth for the few. But Francis has smudged the line between faith and economics in a way that many conservatives find inconvenient.

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  • ECONOMICS

    New app will breed capitalists, and that might be a good thing

    • Lucas Smith
    • 14 August 2015
    4 Comments

    G. K. Chesterton said that 'too much capitalism does not mean too many capitalists, but too few capitalists'. In our young century, we have lost capitalists, and wealth has coagulated to a seemingly smaller and smaller number of financiers, oligarchs and corporations. The stock market is where entrenched wealth is kept and made. An industry-shattering share-trading app is set to help deepen our pool of capitalists.

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  • AUSTRALIA

    Four preconditions for supporting marriage equality

    • Frank Brennan
    • 12 August 2015
    142 Comments

    I readily accept that the Commonwealth Parliament will legislate for same sex marriage in the foreseeable future. When Parliament does, I will be fully accepting of that decision. If asked by politicians how they should exercise their conscience vote, there is no way that I would say that they should not support civil recognition of same sex marriage. But neither would I say that they must support it NOW. If I were a member of parliament, I would want four assurances before I voted for same sex marriage.

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  • AUSTRALIA

    Political donations reform is not so easy

    • Jack Maxwell
    • 29 July 2015
    5 Comments

    Political donations give privileged access to powerful public officials to those who are wealthy. But public funding does little to reduce parties’ reliance on private money and radical control measures can fall foul of the Constitution. A 2013 High Court judgment finding that a ban on donations infringed the constitutional freedom of political communication.

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