Brilliant work here from my colleague Ian Verrender laying out the problem.
"Wages have not kept pace with inflation as asset prices have soared. Property ownership in many Western nations is almost out of reach of ordinary workers while rents have skyrocketed.
That has concentrated wealth in an increasingly smaller cohort of wealthy households."
i.e. ever-increasing wealth and income inequality.
Solution?
Decrease wealth and income inequality.
Tax wealth more, tax work less. That's it.
Tell your mates. Tell your local representatives.
Cheers and good luck out there friends.
https://www.abc.net.au/news/2026-10-20/rising-political-cost-of-growing-inequality/107284494
npub1m0…umqsy
2026-10-19 21:38:30 UTC
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wss://relay.momostr.pinkPublished at
2026-10-19 21:38:30 UTCEvent JSON
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"content": "Brilliant work here from my colleague Ian Verrender laying out the problem.\n\n\"Wages have not kept pace with inflation as asset prices have soared. Property ownership in many Western nations is almost out of reach of ordinary workers while rents have skyrocketed.\n\nThat has concentrated wealth in an increasingly smaller cohort of wealthy households.\"\n\ni.e. ever-increasing wealth and income inequality.\n\nSolution?\n\nDecrease wealth and income inequality.\n\nTax wealth more, tax work less. That's it.\n\nTell your mates. Tell your local representatives.\n\nCheers and good luck out there friends.\n\nhttps://www.abc.net.au/news/2026-10-20/rising-political-cost-of-growing-inequality/107284494",
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