Letter
Another reason why we should get a divorce from the US
“Piketty’s conclusion is that capitalism, if left unchecked, generates a concentration of wealth among a tiny minority and this has manifested itself in America. Piketty further argues that merit or hard work, the standard justification for inequality, has little to do with what has been defined as the ’new gilded age’. It has more to do with the nature of capitalism itself in which capital precedes labor, and where profit maximisation becomes the rational basis for human interaction and economic relationships. Piketty critiques the very structure and foundation of capitalism itself.”
I’ve just paid $300 to a medical specialist and the receptionist informed me that I will get $68 back from Medicare. Aren’t I lucky to be living under a neoliberal medical system just like the good old US?
— Bob Pearce from Adelaide SA