Pages from a militant life: Richer, and with more poverty
From my childhood and mid-teens, 50 or 60 years ago, to today, people have become significantly richer in material consumer goods in the stronger capitalist economies, and, in fact, in some ways, in weaker capitalist economies too. When I was 13 or 14, in the mid 70s, TV came to Australia on a large scale. Initially colour TV in the Carnegie household consisted of plastic coloured wrap on a black and white TV. Eventually dad bowed to family pressure and bought a colour TV on the never-never, slang for hire purchase, with quite high interest rates. In 1963, a black-and-white TV had cost ten...