There's an article in the LA Times today
I don't agree with the author's statement that the way to increase wages in the United States is by influencing public policy with the goals of:
1) Raising the minimum wage
2) Attaching Labor Standards to trade agreements.
3) Encouraging Unionization in low-paying sectors.
Yes, this is a direct effect of globaization. Have we gotten ourselves into a system more complex than we can handle?
There is a problem with wages declining due to increased competition from globalization. But the problem is more complex than the points imply.
Posted by justin at January 22, 2004 01:51 PM