reddit

“In his 2007 book The Myth of the Rational Voter, economist Bryan Caplan proposes an interesting thought experiment which suggests that people implicitly accept the results of competitive markets. Caplan asks if those who criticize companies that pay low wages overseas feel that they could get rich quick by investing all of their resources in overseas enterprises — specifically, enterprises in poor countries. After all, it stands to reason that if workers in developing countries are underpaid and exploited, a profit-seeking businessperson would be able to reap immediate profits by hiring the workers away from their current occupations and re-employing them elsewhere.” source...