You do realize that US workers' wages dropping would pump more money into the rich corporations that they work for, right? Those corporations are going to go right on exploiting people - the only difference is that it would now be easier to exploit US workers in addition to workers in other countries.
It's not just US workers that would suffer. Workers in other countries would suffer when US workers stop spending ask much money on more expensive things, like, say, imports from other countries.
Sure, wages will balance out. But if everyone gets screwed by that, do you really think you've given workers a fair deal?
Finally, you say: governments would have to consider the possibility that workers (as well as employers) might be able to find a better deal elsewhere.
Disregarding the fact that it is prohibitively expensive for most people to just pick up and move to another country, wouldn't governments just end up saying "well damn, our workers are getting screwed - let's erect some barriers to foreign workers to fix it", thus bringing everyone back to the same place eventually?
I just don't think it makes sense to open the floodgates to foreign workers. I think a better answer would be US foreign policy that encourages other countries to invest/nurture their high tech sectors.
It's not just US workers that would suffer. Workers in other countries would suffer when US workers stop spending ask much money on more expensive things, like, say, imports from other countries.
Sure, wages will balance out. But if everyone gets screwed by that, do you really think you've given workers a fair deal?
Finally, you say: governments would have to consider the possibility that workers (as well as employers) might be able to find a better deal elsewhere.
Disregarding the fact that it is prohibitively expensive for most people to just pick up and move to another country, wouldn't governments just end up saying "well damn, our workers are getting screwed - let's erect some barriers to foreign workers to fix it", thus bringing everyone back to the same place eventually?
I just don't think it makes sense to open the floodgates to foreign workers. I think a better answer would be US foreign policy that encourages other countries to invest/nurture their high tech sectors.