As you alluded to with the Black Plague, wages are simply a product of supply and demand. There is no conspiracy of the ruling class trying to fix wages, and an

As you alluded to with the Black Plague, wages are simply a product of supply and demand. There is no conspiracy of the ruling class trying to fix wages, and any attempt at one would fail miserably. In the past 40 years, billions of people from developed countries were introduced to the global labor market, which formerly mostly consisted of residents of developed countries.