I hope you are right. Ross Perot once said something like "globalization will equalize all countries at the same wages, about $6/hr." I think he might have been right. I'm not really looking forward to a world where high tech workers can only make $6 an hour, but I guess it really depends on what you can buy with $6.
I worked as a heavy construction laborer as a teenager for a lot less that $6 an hour; I would much rather spend my days writing software for $6 an hour than go back to that.
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I hope you are right. Ross Perot once said something like "globalization will equalize all countries at the same wages, about $6/hr." I think he might have been right. I'm not really looking forward to a world where high tech workers can only make $6 an hour, but I guess it really depends on what you can buy with $6.
I worked as a heavy construction laborer as a teenager for a lot less that $6 an hour; I would much rather spend my days writing software for $6 an hour than go back to that.
The Chinese are getting massively richer without the rest of the world getting poorer. So why should we arrive at 6$/hr?