Gina Rinehart calls for Australian wage cut

[elmarko]

Australian mining magnate Gina Rinehart has criticised her country's economic performance and said Africans willing to work for $2 a day should be an inspiration.

Georgina "Gina" Hope Rinehart (born 9 February 1954) is an Australian mining tycoon. She is the heiress of Hancock Prospecting and the daughter of the late Lang Hancock and Hope Margaret Nicholas.

Ms Rinehart is said to make nearly A$600 (£393) a second, and her views have been dismissed by Prime Minister Julia Gillard.

http://www.bbc.co.uk/news/business-19487985

Women born into a position of massive material wealth has the audacity to say that the average worker should be willing to work for less.

Are these people even from the same planet?, how out of touch with reality can somebody be?.

It gets worse when you research into Australian news/media & come to understand the extreme right has a total monopoly on the media of the country.

 

[elmarko]

One of the more unpleasant realities of life that people don't seem to be able to accept is that somebody has to be poor, and inevitably somebody has to be rich.

The its not a prerequisite that the rich ones have to be quite so stupid and tactless though.

Not really.

Money as a abstract construct isn't a permanently integrated feature of humanity.

It's a reality of our current society, but not of life as a whole.

Besides, redistribution to reduce the total differences could still keep the "rich/poor system" - but with small total differences between the two groups (which would yield better social cohesion).

 

[elmarko]

It's sad when you find a person who's only redeeming feature is the fact they won't be around much longer (looking at her weight/age).

 

[elmarko]

So why, when they suggest a wage cut, do they never suggest cutting their own wages, or those of the senior staff, only the junior ones? Why do the wages of the people who actually do the work have to "compete" with Third World wages to be as low as possible, but the wages of senior managers and execs need to "compete" with the huge wages of their US equivalents to be as high as possible? If she was to halve her own salary, she would still be vastly better off than all or almost all of her employees, but the company would be more competitive because of reduced overheads. But anyone want to suggest the odds of that happening?

Exactly this.