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Imagining ‘The Good Society’ : Comments
By Tristan Ewins, published 6/5/2008Visions for Australian society and economy: what makes a 'Good Society' and should such a thing be measured in purely material terms?
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You wrote: "Superannuation gave workers something in return - but discriianted against women, casuals and the low paid...
"And there is the danger that it might see the Aged Pension marginalised in the future... Those dependent upon it may suffer austerity - as the better off (with sizable superannuation investments) - resent the responsibility of helping the less-well-off..."
It was copied from the privatisation of retirement income in Chile as part of the neo-liberal program that Hawke, Keating, Carr, Iemma, Costa, Bracks, Brumby, Beattie, Bligh, Kennett, Greiner, Howard, Costello et al all worship, that was first implemented in 1973 under the guns of General Pinochet's military dictatorship. ("Australia's Neo-liberal Path" by Kenneth Davidson, p3, Dissent Magazine number 23, Autumn/Summer 2007)
I have no idea why the Labor Party feels proud of this supposed 'reform'. It was implemented it the most incompetent way imaginable, allowing fund managers and salespersons to help themselves to our money. Because it was done as they were casualising many of the jobs, many find there retirement funds in a large numbers of different funds all incurring large management fees.