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Wealthy Australians are worried we might realise how rigged the system is in their favour

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Submitted ⁨⁨1⁩ ⁨week⁩ ago⁩ by ⁨daniel_callahan@jlai.lu⁩ to ⁨australia@aussie.zone⁩

https://www.theguardian.com/business/grogonomics/2025/jun/12/wealthy-australians-are-worried-we-might-realise-how-rigged-the-system-is-in-their-favour

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  • DarkDarkHouse@lemmy.sdf.org ⁨1⁩ ⁨week⁩ ago

    A we saw from Piketty’s “Capital”, unchecked wealth inequality is a vicious cycle where the rich entrench the conditions that favour themselves. The classic non-violent remedy is democratic decision-making regarding taxes on wealth, which has been attacked for decades with propaganda and, more recently, with direct attacks on democracy.

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