The inequality lesson has been lost on Australia

The world is slowly waking up to the problem of inequality but our policymakers have yet to take any notice.

Over the past few decades, strong growth in China and India has lifted hundreds of millions out of poverty; providing opportunities that were out of reach only a generation ago. But while giant strides have been made in the world’s two most populous countries, global wealth continues to become increasingly concentrated in the hands of the few.

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