"What "we"? Are you talking about American workers who are to lower their wage expectations and standard of living to match the Third World levels?"
It's called capitalism. If you are going to compete, yes, you need to lower your wage expectations to their level. If they can do the same job as workers here for less money, it is the duty of the corporation to to keep the cost low and turn a profit. Lest we forget, the only reason for a corporation is to do just that, turn a profit.
Bottom line, don't be an employee, and if you are, that's a choice and it has consequences. Everything has risks/returns/pos/neg. I just don't have time to worry about it...only time to do the next big one and bring as many with as possible.
What's it called when citizens are asked to defend with their lives those corporations that will not hire them because to "turn a profit" corporations must give the jobs to people in other countries?
Well, if it is so then I prefer socialism with human face than your Dickensian capitalism. In Communist Poland I have seen a number of cases when people from capitalist Third World countries tried to immigrate to socialist Poland, those who succeeded were very glad they did it.
I will take socialist Sweden over capitalist Salvador in a second.
And you know what? If your project advances further the American people will make the same choice, unless you guys manage to supress them same way as your friends did in Salvador.
You would make "capitalism" a god.
Abe Lincoln, among others, disagrees when he states that 'labor is prior to capital, and there is no capital without labor.'
(I have the exact quote someplace)
IOW, you have swallowed the KoolAde of those who would reverse the priorities. The fact that the Wall Street Journal agrees with you does not make you correct. It makes THEM just as wrong.