>this is an unjust system that devolves into a race to the bottom and inevitable exploitation of workers Yet this system has increased the real pay of labor ma

>this is an unjust system that devolves into a race to the bottom and inevitable exploitation of workers Yet this system has increased the real pay of labor many, many fold over the past 100 years, to where even poverty level in the US is above a good portion of the world income, even though those other people also labor quite hard. It's an odd race to the bottom that has raised wages so significantly for all quintiles.