Walter E. Williams
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Former presidential aspirant Rep. Dick Gephardt pledged that if he became president he'd press the World Trade Organization to establish an international minimum wage. Union leaders and their useful idiots in the anti-globalism movement have also called for minimum wages and better working conditions for workers of multinational firms in Third World countries. Here's my question to you: Do you believe these people really care about the world's poor like Nhep Chanda? If you do, I have a fountain of youth I'd like to sell you.

There might be a few ministers, college students and other uninformed people who sincerely care about the Third World poor. But the thrust of the public relations campaign against the multinationals comes from the U.S. and European union movements and some businesses who see their jobs and profits threatened. They wish to raise the cost of overseas operations in order to forestall company relocation, or as Gephardt said he wants, an international minimum wage high enough so that American workers are not competing with slave, sweat shop and child labor around the world.

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Walter E. Williams

Dr. Williams serves on the faculty of George Mason University as John M. Olin Distinguished Professor of Economics and is the author of 'Race and Economics: How Much Can Be Blamed on Discrimination?' and 'Up from the Projects: An Autobiography.'
 
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