I agree, it is a fine altruistic idea, but I don't think it would work for so many reasons. Including all those mentioned above.
If the world were a more homogenous place perhaps...the cost of living varies widely from nation to nation...
And, up-and-coming third world nations depend on us in the west to have disposable incomes with which to buy the inexpensive products they are producing which is what gives them jobs in the first place. Lowering the minimum wage here and raising the minimum wage there would be a double-whammy that no would no doubt cause companies to cutback their workforces.
Everything is so interconnected and dependent on the economic factors that are in play right now remaining stable. Change will have to happen slowly in order not to send the world economy spinning into chaos.
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Most people go through life dreading they'll have a traumatic experience. Freaks were born with their trauma. They've already passed their test in life. They're aristocrats. - Diane Arbus
PESSIMISM, n. A philosophy forced upon the convictions of the observer by the disheartening prevalence of the optimist with his scarecrow hope and his unsightly smile. - Ambrose Bierce
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