Manipulative Economy

well i am unable to understand, the economic cycle. In my understanding all the sufferings and poverty can be attributed to the disparity in the Labor laws. The problem is that a person who performs a particular labor at one place is being rewarded less financially than a person who is doing the same some where else in the world. Any work should be judged by quality not by place where it has been done. so there should be universal equivalent labor wages. Then nobody can manipulate another person. A sure shot recipe to eliminate poverty.

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