this is an idea i had recently, and I was prompted to write this after seeing on the front page today-
about the wealth distribution.
So my idea to help fix the world, is to implement a Mandatory worldwide minimum wage, a wage which would be equal in every country. For example, a
woman in Indonesia making minimum wage would make the same amount of money as an american person working in mcdonalds.
As we all know, CEO's in America make the most, proportionally to their workers, than in any other country. When the US started to really send jobs
oversea's the CEO stood to make EVEN MORE! All of this money would have gone to middle class workers in the US but instead it goes to a select few
individuals who not NEED it. This is the problem with the country/world today. The select few think they have the right to make a gross amount of
money, while hurting millions of people. So what would a mandatory minimum wage do for the world?
well for starters, it would make it cost prohibitive to outsource most if not all jobs. while IT jobs would still be able to outsourced, manufacturing
would be highly unusual to see outsourced.
It would provide a minimum livable basis for more people through-out the world and would help curb corporate greed.
For this to work we would also have to make a worldwide trade agreement, where only countries that implement this policy would work/trade together,
making it very pointless to not implement such a policy.
Of course, many countries, 2nd and 3rd world would have to reorganize their monetary system so that it didnt throw its economy off balance to much. Im
not very knowledgeable in economics so Im sure what exactly they would have to do.
Sorry this isn't as organized as I would like, but i wanted to get this idea out here for people to see and think about.
Let me know what you think? Im very curious to see what input the rest of ATS has.
I would like to see this make front page as I feel its a very important issue with very deep ramifications for 99% of the world.