Jennifer and Jacques talk about three ways that class war is being waged through 'systemic collusion' (between people, corporations, government, media and other parties benefitting most from the system). Their three examples are superannuation, inflation + wage depression, and the business of gambling.
While attempts to more equally distribute our common wealth are decried by conservatives as 'class warfare', the best reply comes from one of the richest men in the world, Warren Buffet: 'There's class warfare all right, but it's my class, the rich class, that's making war, and we're winning'.
References
Jonathon Barrett (2023) 'Qantas accused of ‘ripping off’ customers after posting record $1.4bn half-year profit', The Guardian, 23/2/23.
Ross Gittins (2023) 'No tears for "self-funded" retirees', The Age, 1/3/23.
Ross Gittins (2023) 'Lowe’s secret inflation fear: big companies’ price-setting power'. First published in the Sydney Morning Herald, 20/2/23.
Amy Remeikis (2023) ‘An economic fairytale’: Australia’s inflation being driven by company profits and not wages, analysis finds. The Guardian, 24/2/23.
James Robertson (2023) 'Dutton ready to fight for the super wealthy – the 0.005 per cent of Australians',The New Daily, 21/02/23.
Mike Seccombe (2023) 'The true drivers of the cost-of-living-crisis', The Saturday Paper, 25/2/23.
Jennifer Borrell & Jacques Boulet (2002) ‘Learning from history: How governments and markets include addiction in their strategies for domination’. Paper presented at the National Association for Gambling Studies (NAGS) National Conference.
Jennifer Borrell & Jacques Boulet