Re:Hyperloop: Pipes of Fancy
by ricardobeat on Thursday August 13, 2020 @06:52AM
(#24141947)
> It doesn't matter that their local Purchase Power might be greater
It matters because it means that the economies are not directly comparable.
You said they can only do that "without paying US prevailing market wages to the contractors." as if that is somehow an unfair advantage. But if their workers don't need US salaries to have a good living standard, because purchasing power is higher, and are not being exploited, where does the problem actually lie?
It matters because it means that the economies are not directly comparable.
You said they can only do that "without paying US prevailing market wages to the contractors." as if that is somehow an unfair advantage. But if their workers don't need US salaries to have a good living standard, because purchasing power is higher, and are not being exploited, where does the problem actually lie?