The Pinnacle of the Pyramid of Wealth and Power: the Buck Stops Here

November 26, 2018

While putting together an analysis of the shareholders of some of the most strategic and lucrative sectors of the Australian economy several years ago I discovered that almost all of them are substant…

25 Families Own $1.1 Trillion Between Them as the Global Wealth Inequality Gap Chasms

July 5, 2018

Opinion

Once a family-owned business Forbes is well known for producing their annual list of the world’s richest billionaires. Launched in 1982 the original list ranked the top 400 Americans by net worth. Onl…

‘Billionaire Boom’: While World’s Richest 1% Took 82% of All New Wealth in 2017, Bottom Half Got Zero, Zilch, Nada

January 24, 2018

Opinion

A new billionaire was created every two days last year and now, according to Oxfam, just 42 individuals own as much wealth as the world's poorest 3.7 billion people. Call it the ‘Year of the Billionai…

A Tale of Two Americas: Where the Rich Get Richer and the Poor Go to Jail

January 5, 2018

Opinion

“It is said that no one truly knows a nation until one has been inside its jails. A nation should not be judged by how it treats its highest citizens, but its lowest ones.” ― Nelson Mandela This is th…

Vanishing the People’s Wealth to Make the Bosses Richer

July 14, 2016

Money

Imagine you are a shareholder in a big company and the top executives are sitting on huge amounts of cash and are not interested in putting it to work through productive capital investments, research …