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World Wide Wage

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World Wide Wage

Unread postby I_Like_Plants » Fri 09 Mar 2007, 00:39:08

What if everyone got the same wage? The world avg. determined and we got that?

What would happen?
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Re: World Wide Wage

Unread postby jboogy » Fri 09 Mar 2007, 01:16:22

Plants, immediately after I read your post I felt something snap in my brain. " what would happen"?I equate this question to something like , "why do people fall in love " ,or " why does god let bad things happen to good people", What would happen ? unknowable, the magnitude and enormity of trying to answer this question could cause many a peakoilers head to explode were they to try. Good God man , is this some sneaky , underhanded way to try to reduce the ranks of the enlightened by spontaneous brain embolisms? I suggest you take it upon yourself to delete your topic before the internet police come knocking on your door.
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Re: World Wide Wage

Unread postby max_power29 » Fri 09 Mar 2007, 06:32:00

$this->bbcode_second_pass_quote('I_Like_Plants', 'W')hat if everyone got the same wage? The world avg. determined and we got that?

What would happen?


If it were a "free (faux) market" world wide wage, caused by outsourcing and labor arbitrage, I imagine a lot of westerners would stop working. We couldn't afford anything in the united states with a world wide wage, so there would be no point to working.

I think most people would join the "underground economy" if it were a government mandated world wide wage.
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Re: World Wide Wage

Unread postby gg3 » Fri 09 Mar 2007, 07:10:08

Sounds vaguely communistic to me.

Realistically there is no way to do that without standardizing prices around the world as well. Sure, I'd love to buy a house for what it costs in India or China! Problem is, that would wipe out a few friends of mine pretty quickly.

And then we would have to standardize various other commodities arond the world. I'll take one VW Lupo diesel, 100 mpg., in construction equipment yellow for highway visiblity. Oh, and let's have some of that legal Amsterdam recreational marijuana here in the US too, perfect way to encourage mass amotivational syndrome for the powerdown.

Hmm, this could get interesting.

Now if we're going to have global labor arbitrage, that calls for global unionization of workforces to keep the playing field level; after all it's not a free market unless it's a fair market and vice-versa. Unless of course the World Wages & Prices Board sets all of these levels, in which case, no need for arbitrage and no need for unions.

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