Yummy, Halloween is in town. Soon, the kids will be knocking on my door. I have a nice hand woven cane basket behind the door filled with well washed, snappy, juicy celery sticks. Any complaints and I will give them a sermon on how my mum made soup from potato peelings and that the yearly glass of orange cordial was something we looked forward to on our birthday, and that was only after the end of WW2 . The kids should give me a lolly really.
I am always amazed how some kids will buy an ice-cream or some other treat, take a few licks or bites, only to callously discard it when the taste whim has been exhausted. What opulence, what lonely wealth we now enjoy. Is it true that wealth has ‘trickled down’? It might be true that kids can buy a sweet at whim. That is not true when it comes from most people having benefitted from tax cuts that predominantly favour the rich over the poor. More and more wealth end up with fewer people. The economy of supply hasn’t saved the world from an impoverished ecology or benefitted the homeless, the unemployed, the mentally ill.
Who benefitted from Australia’s resource boom a few years ago? Did Australia build a kitty for the future? No, most of its wealth went to just a few of the owners and their share holders. Australia did not build a wealth fund. It was simply not possible. The resource rich leases of mining tenements were sold to a few wealthy people who profited enormously. There was no ‘trickle down’ at all, more of a ‘torrent upwards’.
“The richest 85 people in the world have as much wealth as the poorest 3.5bn. That should be a wake-up call to the deepest sleepers”. As for Halloween;