A Lesson in Economics

Sir: While reading Peter Smith’s excellent article “Exorcising Marx and his Economics” (October 2018), I was reminded of a documentary I saw on the life of David Gulpilil. I was intrigued watching Gulpilil melting a piece of plastic to pour into a hole in his aluminium tinny so he could go fishing. He said he owned nothing because he had given all his wealth to the remote community in which he lived. He also drove a clapped-out ute. It got me thinking that if he hadn’t shared his wealth, but had retained ownership and stewardship over boats and cars, the community…

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