Friday, May 4, 2012

New generation of mega-rich reveals a return to inequality in #AusPol

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The barons are back. Clive Palmer, Gina Rinehart and Andrew ''Twiggy'' Forrest are part of an enduring Australian tradition.

Despite believing ours to be an egalitarian nation, a ''super-rich'' elite has been a prominent part of our social and economic life since the early 20th century, according to former economics professor and federal Labor MP Andrew Leigh.

Read more: http://www.smh.com.au/executive-style/luxury/new-generation-of-megarich-revea...

Posted via email from The Left Hack

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