Capitalism is an insane society. How else can you describe a society that condemns millions to survive on less than $2 a day and yet has an Australian billionaire Gina Rinehart with an income of £1m every hour? "Last month, Australian business magazine BRW estimated her fortune at AUD$29.2 billion (£18.1 billion), making her the world's richest woman, and eighth richest individual. According to predictions by Citigroup, she has a good chance of overtaking Mexican telecoms giant, Carlos Slim Helu, and Microsoft's Bill Gates at the top of the list, once her projects reach capacity. .... In the past 12 months, Rinehart has almost tripled her wealth, earning more than £1m every hour." (Independent, 16 June) RD
The Glasgow & Edinburgh Branches Blog. Towards a better understanding of the world, in order to change it.
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