Of course rich people think inequality doesn’t matter. They don’t see it

Sat, 11 May 2019 23:53:59 +1000

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://www.theguardian.com/australia-news/2019/may/02/of-course-rich-people-think-inequality-doesnt-matter-they-dont-see-it>

"It often seems hard for those on higher incomes to recognise growing
inequality and its consequences. As inequality has grown, it has become
ever easier for those people to cocoon themselves away from the less
affluent. It’s the “gated community” equivalent of an entire existence,
well beyond the home.

[…]

Unequal sharing of risk is another outcome of shrinking the state in
favour of the market. Social insurance in Australia is well targeted,
but poorer people still bear more risk than they did a generation ago.
We’ve seen that the risk of ill health is more threatening, because
people are less healthy in unequal societies and the personal cost of
treating illness has increased."

Via Melanie Ahkin at Infoxchange.

Cheers,
        *** Xanni ***
--
mailto:xanni@xanadu.net                   Andrew Pam
http://www.xanadu.com.au/                 Chief Scientist, Xanadu
http://www.glasswings.com.au/             Partner, Glass Wings
http://www.sericyb.com.au/                Manager, Serious Cybernetics

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