In a European Union in crisis, a global minimum wage would be a response to the need for greater social and economic cohesion. In the United States, the government could use the concept as a regulatory tool. A significant share of the world’s population would support actions that would combat modern slavery and under-development. At a time when inequality is becoming explosive worldwide, this major humanitarian project would act as a pressure valve, easing the extreme tension in international relations.
At the 2018 Davos summit meetings, the “global fracture” and rising inequality were themes that were addressed for the second consecutive year. Both heads of state and the heads of the world’s largest corporations are more and more aware of the omnipresent risk of escalating violence.
The global minimum wage would contribute to reducing tension in populations on the verge of social unrest, and would offer new perspectives to men and women who no longer see any future for themselves without the risks of economic exile. In addition, it would offer us a new chance to reduce the harmful emissions, environmental destruction and waste of overproduction.
Whatever each party’s different motivations are, the reasonable, consensual win-win nature of this proposal could appeal to and unite populations and nations.
Francis Journot "International Convention for a Global Minimum Wage"
http://www.international-convention-for-minimum-wage.org
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