Over two centuries, capitalist ethos has swung from profit-taking for the few, to a distribution of wealth to the many, and back again. Is the pendulum poised to swing once more?
The state plays a strategic role, but they are also driven by financial markets – not central plans.
A basic lack of fairness holds us all back.
Who do you trust? Increasingly the answer seems to be nobody, especially when it comes to inequality.
Australia has become collectively richer but much more unequal in recent decades.
Universities must redress, not reinforce, disadvantage by ensuring more students from lower socio-economic backgrounds have the chance to benefit form them.