Adrian Walsh

This new book by Clive Hamilton and Myra Hamilton provides a detailed and elegantly written analysis of the nature and causes of inequality in Australia – a problem that has increased markedly over the past forty years. The study focuses on the role of élite privilege, rather than on wealth itself. The authors assert that élite privilege – which they regard as a species of advantage distinct from that of male and racial privilege – has not been sufficiently theorised and, more importantly, is hidden in plain view. The aim of the book is to ‘make visible the practices, beliefs and attitudes that characterise elite privilege and allow its reproduction’. A large part of the book, written by this father and daughter team, is concerned with demonstrating the ways in which the non-meritocratic nature of Australian society is systematically concealed.

Can people have too much wealth? Does extreme wealth have negative consequences? Over the past thirty years, there has been a remarkable rise in the number of billionaires whose annual earnings are so large that they are often difficult to comprehend. To take but one example, it was estimated in 2022 by Forbes magazine that Elon Musk’s personal assets were worth $219 billion and that, if he worked for forty-five years, his lifetime hourly rate from these assets was in the order of US$1,871,794.

In the aftermath of horrendous acts of lethal violence, such as the murder by Brenton Tarrant of fifty-one people in two Christchurch mosques in 2019, and other vicious acts of torture and sadistic cruelty, it is not at all uncommon for public commentators to invoke the language of evil – that there is evil in our midst. Perhaps the most well-known contemporary example of this was George W. Bush’s description of the 9/11 attacks as despicable evil acts that demonstrated the worst of human nature. 

Fear has always been a dominant element of human existence, across all human societies, but has our attitude to it changed? It might be argued that our concern with threats has become more pronounced. Is the twenty-first century an especially fearful period in human history ...

To what extent does the social practice of inheritance undermine social justice? Indeed, if inheritance does further inequality, should we, in order to ensure a fairer society, restrict the right to bequeath? A mainstay of political philosophy since the late seventeenth century, questions such as ...

The casual visitor to Oslo, with little or no knowledge of Norway’s recent history, could be forgiven for being unaware that per capita this is one of the wealthiest ...

It is now more than six years since the Global Financial Crisis threatened to topple the banking systems of the Western world. Although a complete breakdown in the financial system was ultimately avoided, one consequence of the events of 2008 has been the biggest slump in economic activity since the Great Depression. Australia was, in the main, spared the economic damage that ravaged large parts of Europe, and there has been little discussion in these parts of the causes and social effects of what the authors refer to as the ‘Great Recession’. Somewhat surprisingly, on the evidence presented in this book (and despite both the United States and the United Kingdom being severely affected) it would seem that the Anglosphere at large is guilty of what the authors call the ‘veil of complacency’. The book asserts that in those countries there is little concern for either the financial consequences or the victims of the crisis. Why should this be the case? Perhaps the Great Recession was not as bad as the headlines have suggested.