1. australian capatalism
Michael Raper, President of ACOSS stated that the taxation statistics revealed the gross inequalities in the distribution of wealth in Australian society today with "The top 10% of Australians owning 52% of the nation's wealth, while the bottom half owns a paltry 3%." ... In relation to Australian society and the current economic discussions, the conflict theory is applicable to and supported by the subordinate groups. The beneficiaries of the Goods and Services Tax demonstrate the alliance of the Government with those of wealth and social influence in Australian society. ... The theory o...
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- Grade Level: High School