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Oligarchies have been around for a very long time in modern terms. The word itself comes from the ancient Greeks, like many of our words for social structures and types of government. What can we do about the oligarchs? Oligarchy versus democracy was first billed as a clash of governing systems some 3 millennia ago in Athens. The original Greek oligarchies were based on class and wealth, as the two most often went hand in hand. Democracy came about as a means to break the grip of noble families on governing Athens, the city state. This new expansionary form of government spread to other Greek city states.Continue Reading

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Coles has some 8, 000 suppliers providing the supermarket lines they sell to their customers. Woolworths is in a similar situation re-numbers of suppliers. Supermarkets making super profits in Australia are hitting the news for all the wrong reasons. The nation is in the midst of a 2 year cost of living crisis with high inflation having stripped the savings from the working poor. A Four Corner’s expose shown on the ABC has shone a stark light on the state of play in our supermarket sector. Coles and Woolworths have some 65% of the grocery market share – this is a powerful duopoly, which puts all the advantages in their corner. Farmers supplying the duopoly are being squeezed into submission economically, as are many other suppliers of their grocery lines.Continue Reading