2 ms·
While global wage equilibrium would be great, how do you deal with the challenges that large, diverse societies already have in governing effectively? It’s tric
by ethanbond 7y ago
While global wage equilibrium would be great, how do you deal with the challenges that large, diverse societies already have in governing effectively? It’s tricky to build a “good feeling” cultural/legal/political landscape for 300MM people of diverse languages, religions, education levels, etc. I think we can eventually get there (we are getting there... via globalization), but it must be gradual.
Thoughts on this problem?
(Sidenote that wage equilibrium != outright wage equality)