2 years, 11 months ago
COVID supply chain crisis shows what's really at the heart of the economy — healthy humans
ABCAustralians are getting a stark reminder about how value is actually created in an economy, and how supply chains truly work. Labour — human beings getting out of bed and going to work, using their brains and brawn to produce actual goods and services — is the only thing that adds value to the "free gifts" we harvest from nature. On December 29 the Prime Minister said it was important to move to a new definition "that enables Australia to keep moving, for people to get on with their lives". For "critical workers" in essential services including food logistics, the NSW and Queensland governments have gone even further, allowing employers to call them back to work so long as they are asymptomatic.
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As Omicron spreads, it's bad news for the 2022 economy as COVID stirs fear — again
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