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View Diary: Where Adam Smith Was Wrong (121 comments)

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  •  Easy to say this (0+ / 0-)

    When you are in the top 1% (global 1%, rich people who make more than $50k/year).

    Living standards in India and China have been rising massively during this decade. It's not $60k like Joe 1%er American factory worker might make, but go ask your average Foxconn worker if they'd rather do that or farm rice paddies like their parents did. I'm sure workers in those areas would take great exception to the suggestion that globalization induces poverty.

    (-5.50,-6.67): Left Libertarian
    Leadership doesn't mean taking a straw poll and then just throwing up your hands. -Jyrinx

    by Sparhawk on Wed Jan 11, 2012 at 03:33:25 PM PST

    [ Parent ]

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