The best argument against Australian inequality | Miriam Lyons and Ian McAuley
Most people will accept inequality if it comes about through creativity, innate ability or pure chance. Then there's the other type of inequality ...
Inequality has reached the point where even billionaires are worried about it. In an open letter to "my fellow zillionaires", American dot-com entrepreneur Nick Hanauer warns that rising inequality is making his country "less a capitalist society and more a feudal society". Hong Kong billionaire Li Ka-shing, the 15th richest person in the world, says that his concerns about widening polarisation are keeping him awake at night: "" why am I sleepless in Hong Kong? I fear that widening inequality in wealth and opportunities, if left unaddressed could fast become 'the new normal'."
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