Would you like to see an end to slave labor and exploitation, a level playing field for competetion, no need for people in poor countries to work illegally in the west.
Obviously it would have to be in the appropriate currency, a living wage.
2006-07-15 00:25:53 · 7 answers · asked by Anonymous in Society & Culture ➔ Community Service
It could beyond most peoples imagination, and not in the interests of the ruling elite
2006-07-15 00:31:57 · update #1
The minimum wage should be a living wage, if it costs more to live in New York, than Oklahoma, then the wage should reflect that.
2006-07-15 01:09:03 · update #2
Ideally it would be great! That would mean the end to most poverty in the world....but as so many before me have stated, it's impossible.
Example: Cost of living here in Georgia is lower than most other states who are inundated with corporations (New York city, Los Angeles, Chicago) Even Atlanta is cheap by standards of those cities. Waitress here makes 2.11 an hour up, in California, the wage is much higher, as it is in New York, Chicago, and much of that depends on the business itself and what they're willing to pay initially (they don't have to go by the wage law if they choose to pay more). Waitresses in Australia make upwards of $10 an hour (Aus. $)....which balances out to Georgia's $7 an hour. You see the imbalance there? I have NO idea what that same position pays in Europe....and this doesn't even bring into the calculation, those countries that we visit, which are mainly poverty countries except for those tourist places.
Again, it would be next to impossible to even attempt to get wages comparative throughout the world. And that is how the world will always be I'm afraid....
2006-07-15 01:05:02 · answer #1 · answered by CoastalCutie 5 · 0⤊ 0⤋
It's not a viable possibility. Such a thing would almost require a One World Government with a unified monetary policy, and that's not happening anytime soon. The problem is there are so many diverse cultures, beliefs, and customs that it would be impossible to strike a common currency, let alone a minumum wage. The value of money depends on how much of it is in circulation and the stability of the central government. All nations would have to adhere to strict limits as to its money supply. This would really be the controlling factor and to monitor and enforce compliance would be a Herculean task.
A minimum wage would not work because the economies of all countries are different, productivity is different, mechanization is different, and none of this would equal out to a common basis for a comparative minimum wage. The wealth of nations is not equal. There is just too much diversity inthe world. A minumum wage in India might compare to 10c an hour in the US because the economy might not support anything higher.
2006-07-15 17:34:51 · answer #2 · answered by Kokopelli 7 · 0⤊ 0⤋
Each country has their own cost of living. A worldwide minimum wage would not work. Just like each state in the United States has their own cost of living. People in one state can live comfortable on the Federal minimum wage, but others in another state cannot. See, it just doesn't work.
2006-07-15 07:33:48 · answer #3 · answered by dxle 4 · 0⤊ 0⤋
That would be a great idea...but completely impossible. How could it work? In countries with extreme poverty, people will work for very low wages. $1 a day is extremely hard to live on, but it is better than $0 a day.
2006-07-15 07:29:15 · answer #4 · answered by Cameron 4 · 0⤊ 0⤋
I think that this idea is totally imossible as there are thousands of counries allo over the world that have very low minimum wages. We as richer countires would not ber able to survive on such low wages
2006-07-15 07:32:02 · answer #5 · answered by added_zealand_chick 1 · 0⤊ 0⤋
No
2006-07-15 08:34:08 · answer #6 · answered by rhymingron 6 · 0⤊ 0⤋
Welcome to the real world
2006-07-15 07:28:26 · answer #7 · answered by Luay14 6 · 0⤊ 0⤋