Guess whos back!: World's richest woman calls for Australian workers to be paid $2 a day to compete with companies hiring cheap African staff

[Kasz216]

zero129 said:

Kasz216 said:
Sounds like the German School of economics.

It actually seems to work pretty well if you have a welfare system in place to help such workers.

The question here would be, works well for who?, cos i could only see it working well for someone thats already rich.

It works for those lower class workers who wouldn't have jobs otherwise that move overseas.

Likely anyway.  Not sure if it's different but in the US there is a BIG differnce between the "Working poor" and the "welfare poor" even when controlled for income.   Having a job in of tiself is a big deal.