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The money myth

By Everald Compton - posted Tuesday, 7 March 2017


One of my major consuming passions is to significantly reduce the gap between rich and poor, a chasm that Australia Post seeks to widen. It is the issue of the age that caused Trump to be elected when he declared that he was the champion of the poor and they believed him.

It was the lower income voters of Britain who told David Cameron they had had a gutful of him and humiliated him over Brexit. Those same voters will continue their protests world wide and grow enormously in their political power and clout. Just watch their votes in France, Netherlands and Germany later this year. Watch them even more closely in Western Australia this weekend and Queensland later this year. They will cause absolute havoc and continue to do it until the financial moguls and political ideologues can clear their brains sufficiently to see that they themselves are the ones who are fuelling anarchy.

I suggest that you call Wayne Swan's office and ask him to email you his splendid report on Inequality. It is a good read as it talks common sense. He is making no effort to rob the rich. He just asks them to invest their wealth in job creating infrastructure and services that will take people off welfare and into work. He just wants them to do it without getting a tax cut He points out that the cost of welfare is not the payout, but the taxes and spending power that are lost because that person is unemployed.

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So, I am cheering Australia Post for highlighting for us the depravity of their corporate culture so we can use its embarrassing stupidity to cause genuine and lasting change in society.

Let us begin to eradicate poverty and inequality as from today and acknowledge that money is not a motivator. Achievements are.

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This article was first published on Everald Compton.



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About the Author

Everald Compton is Chairman of The Longevity Forum, a not for profit entity which is implementing The Blueprint for an Ageing Australia. He was a Founding Director of National Seniors Australia and served as its Chairman for 25 years. Subsequently , he was Chairman for three years of the Federal Government's Advisory Panel on Positive Ageing.

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