Who cares if too much wealth concentrates in too few hands?
I do.

I care that these people can use their wealth to buy political influence to further increase their wealth at the expense of those of lesser means.

I care that public assets built up by previous generations can be plundered at will and put into the hands of these individuals to increase not only their wealth but their influence on our daily lives.

Likewise I care that they can bypass public interests in favor of commercial greed at the expense of the environment for future generations. Like the corporations they own, they have the ability to trash everything and then move on like locusts.

I care that future generations will live like serfs, serving their masters.

Capitalism is fine, as long as it is regulated and kept under public scrutiny. The Cult of the CEO and the GFC are what happens when it isn't.

Rhrosty and Arjay. Despite differences ,which I respect, you share basic understanding of the big issues , like "we now face the new Great Depression". I wish you would stop intimidating the less well informed, and turn OLO into a genuine forum of argument to dispel the ignorance you both deplore.

Wealth ? How to define wealth. You can have monetary wealth, a wealth of knowledge or in Australia's population's case a wealth of ignorance & apathy. How else would you describe the abundance of citizens within this population who literally are racing each other to bring this country to its knees.

Leslie, I'm intimidating no one. I just get frustrated at the ignorance and corruption which pervades our system.

We have not much time left.The Wonderful Wizard of Oz by L Frank Baum had a message which predicted our economic demise. When you understand 'The Secret of Oz' by Bill Still, then freedom will be on your horizon. http://www.youtube.com/watch?v=swkq2E8mswI

Not only the UK, it would appear, Killarney.

>>In the UK almost one in 60 people are now having to use food banks to avoid starvation and malnutrition - an increase of over 160% in just 12 months. This has been directly attributed to the increasingly punitive assaults by the Cameron government on the welfare system and British working class.<<

There is this to consider as well:

"One in 10 people suffers food poverty in Ireland, new figures have revealed... people in Donegal are among the worst hit, with one in nine unable to afford basic meals... 'Food poverty in Ireland today is part of a policy-made disaster'"

http://www.irishtimes.com/news/social-affairs/one-in-ten-people-suffers-food-poverty-in-ireland-1.1628724

Fortunately, they can always rely on some help from their neighbour in their times of need...

"President Higgins thanked our friends in the United Kingdom for their support during the economic crisis and said the country was deeply grateful".

http://www.independent.ie/irish-news/state-visits/president-higgins-human-cost-of-financial-crisis-in-ireland-has-been-enormous-30172270.html

Makes your heart swell with pride, does it not.

Oh Arjay. Are you still beating on this tired old drum?

>>The Wonderful Wizard of Oz by L Frank Baum had a message which predicted our economic demise.<<

It never made any sense to me, but I was too lazy to do anything about it. Fortunately, someone else has actually taken the trouble to dissect it and show beyond a shadow of doubt that it is all a load of old cobblers.

http://pragcap.com/debunking-the-biggest-scam-in-the-history-of-mankind

The fact is, Arjay, that the human mind is capable of deceiving itself in all sorts of ways. Here's one delightful example (there are many) that caught my eye recently, in which the object under scrutiny is the song "Telephone", by Lady Gaga:

"...this “deeper meaning” found in Gaga’s video relates to mind control, a covert practice used by the military, the CIA, religious cults and the Illuminati elite. It is used to program human beings to become mental slaves and to execute specific tasks."

http://vigilantcitizen.com/musicbusiness/the-hidden-meaning-of-lady-gagas-telephone/

This sentence is classic Arjay:

"The video basically says: America is ready to eat any poisonous crap the elite serves them, and that is accomplished through controlled puppets".

C'mon, 'Fess up. You wrote this, didn't you.