..eh ti mitovi.. In Australia, the wealth transfer first - TopicsExpress



          

..eh ti mitovi.. In Australia, the wealth transfer first intensified under the Hawke-Keating Labor government during the 1980s and 1990s. Enforced ruthlessly by the trade unions, a vast economic restructuring saw the wholesale destruction of social conditions, jobs and working conditions. The BRW Rich 200 (report) list details the personal fortunes amassed by Australia’s 200 wealthiest people. The top ten alone had combined assets of $66.38 billion. While the overall value of richest 200 fell by $4.4 billion—largely because of the breakup of the mining boom—they still held $176.8 billion between them. Some of the devastating social consequences are shown in the Salvation Army’s survey of 2,705 people accessing the charity’s relief and support services. Some 28 percent of respondents could not afford one decent meal each day, and 58 percent could not pay utility bills on time. Some 28 percent reported not having a decent home, 33 percent had no roofing and gutters, and 32 percent were without secure locks on doors and windows. About 7 percent of single parent respondents were homeless, with another 7 percent having to stay with friends or relatives (wsws.org)
Posted on: Sat, 08 Jun 2013 21:10:21 +0000

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