You cannot help the poor by destroying the rich. You cannot strengthen the weak by weakening the strong. You cannot bring about prosperity by discouraging thrift. You cannot lift the wage earner up by pulling the wage payer down. You cannot further the brotherhood of man by inciting class hatred.
The concept of working from anywhere at any time is second nature to Generation Y, something they never even question. It’s an option previous generations never had, when laptops, WiFi and compassionate bosses were scarce.Now, the 30- and 40-year-olds who make up Generation X are managing the twenty-somethings as their supervisors and mentors and trying to figure out why they have such a different attitude about work and what to do about it.
Other wealthy countries may envy our growth, but economists see danger signs looming on the horizon. TO UNDERSTAND the stark differences between Australia and most other rich countries, look no further than the cheesy metaphors economists are so fond of. After a run of blistering growth coupled with tame inflation, ours has been dubbed the “Goldilocks” economy – not too hot, not too cold, just right. Commonwealth Bank analysts were more dramatic: “Tsunami of export gold breaking over economy!” one note blared this week.
I’ve been reading an interesting book lately. It’s called ‘Identity Economics. How Our Identities Shape Our Work, Wages, And Well Being’. It raises some pertinent points for anyone who wants to achieve great wealth in their life. The authors show that how you see yourself plays a huge part in how much you earn, and indeed how much wealth you believe you deserve.
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