What is a worker?

Media Inequality

Amongst credible economists and political leaders (so, not including Malcolm Turnbull and Scott Morrison), it is universally accepted that Australia, like most other developed economies, has a wealth and income inequality problem. There are books and essays being written and read every minute about why this problem exists, but let me simplify in the words of a writer, not an economist: the people who own the capital (the business owners, shareholders and executives) are keeping profit from their investments for themselves, rather than dividing it amongst the people whose labour contributed to the return. This behaviour explains why company profits were up 40% to March this year, yet wages were only up 0.9%.

Before I go on, just a quick word about the behaviour that led to this outcome. You will often hear company executives and business journalists using passive language when talking about company profits and the way they…

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