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Originally Posted by kurty[B]
the fact that no country would agree with other countries on what wages should be
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I know free trade is good... (for some people), but there are ways to limit what gets sold here based on the policies of the country that it came from.
Quote:
Originally Posted by kurty[B]
, but look at just the standards of living. The prospect of helping people in 3rd World Countries by increasing their minimum wage sounds tempting, but what happens when the businesses that are outsourcing realize this is not profitable, and pull out, leaving the unemployment rate in that country to soar, and starvation to become a more pronounced issue.
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It is a gamble, but I don't think they will pull out. They have to get the products made, and if there are no other countries with cheap labor, you will probably see the cost rolled into the price. And starvation and self-sustainability are other things that would have to be taken into account.
Then again, just reducing the population increase would go a long way to solving those problems.