"Renaissance Thinking About the Issues of Our Day"
So generally, the corporate elite like to stay tight-lipped about how they view their workers. Most don't want to come across as greedy - or a Scrooge. But every now and then a cocky billionaire comes along - spouts off about entitlements and the work ethic - and we get a glimpse into how the billionaire class thinks. And this week - we recognize Gina Rinehart - the world's richest woman - as that billionaire big mouth. Here's a little bit of her background: she's worth about $18 billion - all of it is thanks to the lucky sperm club. She was born into wealth - never having to work a day down in the iron-ore mines that she now owns it - as a billionaire with really clean hands - she thinks she knows what motivates workers. And she thinks the key to economic success in her home country of Australia - is to pay those workers basically nothing - slave wages like $2 a day. This is what she said, "We must be realistic, not just promote class warfare. Indeed, if we competed at the Olympic games as sluggishly as we compete economically, there would be an outcry. The evidence is unarguable that Australia is indeed becoming too expensive and too uncompetitive to do export- orientated business. Africans want to work. Its workers are willing to work for less than $2 per day. Such statistics make me worry for this country's future."