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At least 80% of humans live on $10 per day or less. http://www.globalissues.org/article/26/poverty-facts-and-stats http://www.globalissues.org/article/26/pover
by Consultant32452 9y ago
At least 80% of humans live on $10 per day or less.
http://www.globalissues.org/article/26/poverty-facts-and-stats http://www.globalissues.org/article/26/poverty-facts-and-sta...
- SilasX 9y agoThe parent meant in the area where Walmart etc are paying that wage.
- Consultant32452 9y agoOkay, then since the Walmart employees are still alive, the answer is yes. They can live on $40/day. As an added bonus, they have a higher standard of living than the vast majority of humans on the planet.
- __jal 9y agoWell, no. If they could, they wouldn't be receiving assistance. Walmart has turned, e.g., food assistance programs into a subsidy for themselves.
- Consultant32452 9y agoIf you can imagine a world in which food assistance programs suddenly came to an end, would Wal-Mart raise its wages? Perhaps the workers would demand more. Either way, in the long run it's not possible for any employer to pay wages below the basic survival rate.
- dragonwriter 9y ago> Either way, in the long run it's not possible for any employer to pay wages below the basic survival rate. Sure it is, if they are willing to accept more rapid turnover and the workers they are competing for have no better offers.
- Consultant32452 9y agoHow long do you honestly believe an employer can sustain a business providing wages insufficient to purchase food to provide the calories necessary to complete the work?
- frgtpsswrdlame 9y agoIs walmart not proof that the answer to your question is quite a long time?
- Consultant32452 9y agoNo, and this is exactly the point I was trying to drive home when I made my original post about over 80% of the all humans living on less than $10/day. When the OP asked if "anyone can live on $40/day" what they really meant was, "Can people live a lifestyle reasonably close to mine on $40/day." The answer to that is obviously not. The question is being asked by someone who is almost certainly in the top 1% of incomes across the globe (which is about $34k/yr). But the real answer is that a person can live incredibly well by global standards on $40/day.
- dragonwriter 9y agoThat depends on how big the available labor force with no better offers is, and what the rate is at which people from outside that group move into it; potentially indefinitely, under the right (or very wrong, depending on your perspective) conditions.
- Consultant32452 9y agoI'd be interested in any examples you have.
- dllthomas 9y agoUnpaid internships?
- lkjasdsdf7877 9y agoIf by living you mean "Spend their lives smashing rocks for someone else in exchange for minimum of roof+food and no ability to go explore life for themselves." Pretty self-aggrandizing to sit at your computer and claim these folks are gonna be just fine.
- eanzenberg 9y agoIrrelevant without context.
- Consultant32452 9y agoI was intentionally providing context.