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America's iniquitous health care system is often portrayed with dark humour in popular culture such as the 2007 Michael Moore film Sicko. Our own Federal Government has been putting constant pressure on our system of universal health care as it pursues a course of action that presents class warfare as fiscal responsibility. It raises questions about the vested interests behind dismantling health care protections for poor people.
Investing capital in the production of goods and services may create jobs, but it's not the best way to make money. It's more profitable to manipulate the financial system to create more money from money, which is why the finance sector does so well. The polarisation of wealth is less extreme in Australia, but we have our own capital-driven Ponzi scheme - the residential property market, which has become an exercise in making money out of money.
Affordable housing ought to be a hot election issue. Sadly it’s not a government priority, with ordinary people being taught to be entitled to look to capital growth in bricks and mortar as the best path to financial security. That is producing a housing price bubble and public housing is being squeezed. As a result, an increasing number of Australians can’t afford to put a roof over their head.
I take a lot of selfies. Some of them are silly, coquettish, dramatic. Others are just my face looking into my computer, sitting where I work, dressed in work clothes. They mean more or less nothing. They’re just an inane collection of data on my laptop, or too easy self-portraits. Nothing means nothing, but it says something about the culture.
Inequality is dangerous. And inequality is at a near all-time high. At its core, the Government’s recent budget not only engenders but actively exults in the creation and maintenance of inequality, a phenomenon rapidly expanding not just in Australia, but around the world.
In 1976 management thinker Peter Drucker said the real owners of the stock market were workers, through their pension funds. A similar broadening of ownership has occurred in Australia since the creation of compulsory superannuation. But intermediaries called fund managers still stood between the people and ultimate control of their financial destiny, until the rise of the Self Managed Super Fund (SMSF).
As the Pope and economist Thomas Pikkety have observed in recent times, the inequity created by capitalism is a growing concern. But the problem with this argument is that 'capitalism' is too broad a term. The attack would be far better directed against the financialisation of developed economies. A new type of sovereign has emerged, and like all rulers they are cheerfully engaging in acts of plunder.
Earlier this month, Pope Francis once again blasted capitalism. But it is not true that all business leaders dismiss those who appear chronically unproductive. Thursday's Vinnies' CEO Sleepout included investment bankers and other capitalist 'true believers', and now venture capitalist Mark Carnegie is proposing a war against growing inequality and disengagement, as if he is on a unity ticket with the Pope.
Quite striking is the similarity between the warm response to Pope John XXIII half a century ago and to Pope Francis today. Both broke through the gilded cage of outdated conventions and stereotyped expectations. Both stepped over barriers of ideology or religion to evoke bonds of a common humanity committed to promoting the wellbeing of all people, especially the poor and marginalised. The contexts were of course quite different.
'All animals are equal, but some animals are more equal than others'. This was George Orwell's parody in Animal Farm of the vicious use of language in communist states. It was one of his memorable depictions of how the absurdities of language not only reflect evil, but also predicate it. Language was a tool of oppression in communist states. In capitalism it is no less vicious.
In a nation still divided bitterly along race lines, blacks, and to a lesser extent Hispanics, bear the brunt of America's prisons-for-profit program. The perils of mandatory sentencing should serve as a warning to NSW, which has announced mandatory minimum sentences as a response to alcohol-fuelled violence. The question is not which drug is more dangerous, but how society chooses to deal with each one and why.
His body itself is a symbol of his inherited power and privilege. He hears women talk about being afraid to go out at night alone. He sees the great strides women have made in the workforce, yet sits in management meetings where nine out of ten leaders are men. He sees bikini clad women on his television screen and feels guilty at admiring their bodies.
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