Low wage industries struggle in high wage countries. Globalization displaces natural local supply and demand outcomes. The above two factors result in some very complex status quos. For example, take the country of New Zealand, whose significant apple growing industry is largely for export purposes - ostensibly, sending good fresh highly-valued NZ apples to other countries, where they'll fetch max $. Problem: apple w…
This is the problem to solve, and something I believe is becoming solved gradually even if very slowly; developing nations have been developing. But if we manage to eradicate this idea of "high wage countries", or at least reduce it so that the imbalance is not order(s) of magnitude, then that will alleviate many of the negative side-effects of globalization.