If that wage is meant to be the same everywhere: economic chaos. A living wage for a worker in NYC, NY, USA is very different to the living wage in Da Nang, Viet Nam. You could work for eventual parity, but that comes with its own huge set of challenges. It’s interesting to think about.
A possible solution is to use percentages to keep it relative. Workers make 10% of what a CEO makes, a manager makes 15%, etc. Or a percentage of GDP or so other metric to make it comparable.
It’s still likely an impossible idea, but you could start nationally and then work out from there.
Those unions would have elected union reps. They’d gain an immense amount of power, and anyone on the edge of society not in a union would lose their voice — stay at home parents, small business owners, etc.
Eventually the unions would gravitate to a party system, those parties would become bipolar, and world governments would become figureheads. Unions would begin to clash, eventually forming new political bodies along union lines. Union members would question why non-union members don’t have to pay dues, and a requirement would come about that when old enough to work, it would be mandatory for everyone to pick a union.
You can see where this is going.
The only reason unions work is that they pit the power of production against the power of military strength and control. Give the unions too much power, and their leadership becomes the thing they’ve fought to resist.
So, where we currently are, just a different set of naming conventions.
Yup.