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by zip1234 3366 days ago
Well no, a laborer in India and China cannot afford that now but more people have come out of poverty in the last 20 years than any 20 year period in history. http://www.economist.com/news/leaders/21578665-nearly-1-bill...
1 comments

That is great, a true testament to the wealth-creating power of globalization, but it doesn't change the fact that the return on labor is significantly lower than it used to be.