Quote Originally Posted by raja View Post
I agree that if we were to come up with products that can't be produced elsewhere, that would justify higher wages because other countries couldn't compete.
This is a good point. How long do you think it is that we can come up with products that can't be produced elsewhere?

As information dissemination continues to accelerate through enhanced computer software and hardware, and laws continue generally to fail at preventing this, I do not think that there is much a foreign entrepreneur/government could not figure out how to do on their own.

Value then grows from accessibility to capital and will to execute. Anyone with internet access and a reasonable education (ability to process available information) can now be Samuel Slater.