Quote:
Originally Posted by Greedy,Greedy,Greedy
The key is that there is absolutely nothing that makes an hour of work in the Philippines worth less than an hour of work in China, and an hour of work in China worth about the same as an hour of work in Mississippi, and an hour of work in Mississippi worth half what an hour of work in Massachusetts is worth.
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There is a difference. "Worth" isn't the issue. That difference is the bedrock of economics: supply and demand. In the low level economies, the labor supply of fungible "work units" is plentiful. If you don't show up for work, there are a slew of your peers who would work for a wage sufficient to buy food for that day. And the supply chain for the finished products can be falsified to show that each pair of pants was sewn and assembled by happy workers who sing during their tea and yoga breaks, instead of by child workers who are abused.
