Quote Originally Posted by Crazed Rabbit View Post
No, you absolutely do not. By decreasing the incentive for companies to use foreign labor, you decrease the amount of jobs those companies will offer and the number of foreign factories they'll build. That means less jobs, more unemployment, or more going back to lower paying jobs. ANd that's not even counting the job loss from domestic companies employing less people.

This 'wage slavery' is nonsense. Sasaki showed that apparel workers get paid more than average. So, often sweatshop jobs are better than the other jobs available.

Look at China; decades of low paid workers making stuff for the west. After all those years we see a middle class emerging and better pay for workers. There is no magic fix to leap a third world country into the first world.

CR
I would say the first paragraph is a bit hazy. Depending on exactly how much you raise the wages, the effects could be different. The demand for the products might not decrease drastically if the prices increase a tiny bit, so companies might just eat the loss in profit if they are still making a healthy profit in satisfying the demand. However, the problem is that judging what is the "right" amount of wage inflation is tricky even from a purely economical view point not to mention you would have people in politics like Beskar making absurd demands that would jack up prices and have demand and thus supply collapse (AKA higher wages=no jobs as you said).

Everything else you said CR I agree with.