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Australia's wealth is unevenly distributed. Annual incomes of over $5million exist alongside entrenched poverty and disadvantage. Should this be of concern to us?
This paper by Frank Stilwell and Kirrily Jordan lays out many of the reasons why it should - and outlines the principles and policies that could reverse the general trend to inequality in the distribution of income and wealth in this country.
Download Towards a more egalitarian Australia? Making greater equality a principle for public policy (pdf)
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Comments
Economic redistribution
As a non economic educated reader I found this enlightening, if very socialist.
Are there others who think of it in this way? If so where are the opposition statements, references please. It gave insights to gut feelings I have about our society today, that inequality is on the rise. I remember unions as being an"embarrassment" while I was an employer. Since being neutered by the existing govt. huge inequities are the outcome.
I look forward to other posters comments, criticisms.
My life belief has been that Australia was an egalitarian society the graphs quoted blew that out the window.
fluff
Social Opportunity
This paper seems to suggest income redistribution is required to correct in inbalance in earnings. It contains a ridulous adjective, an oxymoron, (for effect?). What is meant by "neoliberal".
Surely what we have in Australia is a reactionary government supporting an established plutocracy.
Economic conditions and issues mirror the USA. See Barron's recent social responsibility article " A Plea for Corporate Conscience"
Reference:A Plea for Corporate Conscience
The Author is LEO HINDERY JR., managing partner of private-equity firm InterMedia Partners in New York, is also the chairman of the Horizon Project and author of It Takes a CEO: It's Time To Lead With Integrity (Free Press, 2005).
The "Horizon Project" itself is well worth studying by CPD supporters