This is another interesting thing which i wanted to point out.  So many High net-worth individuals (HNIs) earn nearly half a million each hour (even when they are asleep), primarily due to their growing stock market capitalizations. The stats are very interesting and really easy to locate on the internet. This boom in terms of billionaires has been driven by stock exchanges around the world, the developing nations have been having huge growths in their capital markets with globalization happening.

The really cool part is that in their quest for locating cheaper sources of goods, American MNCs have created this global phenomenon. This is nothing but exploitation (i mean even the British did a great job when they were around in the commonwealth nations) with the consent of the exploited. Let me explain this further, the developing nations really do not have the capital for building research labs, huge factories …. as most of their budget is allocated for defense ( 10-13%) , paying salaries (privatization is a recent phenomenon) and now-a-days oil subsidies….

To make money, you need an initial investment. This is done by the developed nations, who obviously do not do it out of charity. This eventually leads to  creation of a subsidary company which ensures that minimum wages get paid, in my last article you can see the huge difference in wages. The blue-collared worker has no option, but to get exploited as he does not have the means to demand what he deserves. (An example to the contrary are the Leftist worker unions in Kerala and West Bengal , two states who have not done great in terms of capitalist growth but seem to have tried their hands at socialism ha ha) .

After deviating from the topic, the above analysis is to show how the blue collared “developing” nation worker is actually minting money for some guy at the top of an MNC earning $100,000 per hour ….. the link is undeniable ….

This analysis is probably very flawed, and i am open to criticism. On this note I must start to analyze, the primary basis for this are the hourly wages paid to millions of blue-collar worker all over the world. For this i have chosen some developed and developing nations to show the variations … This is in addition to the average lifespan of the population of the nation.

Nation - Min. wage (in $) - Average life span - Working span(year) - Cost of life (at 8 hrs a day)

US - 5.85(per hour) 77 20-60 5.85 x 8 x 300 x40 = 561,600$

ref : http://usgovinfo.about.com/blminimumwage.htm

So the US daily wage worker can potentially make half a million at the current rate …..

India - 1.25(per day) 65 10-60 60×300x5=2,250$

So the indian labourer makes nearly 2 grand at the current rate for his whole lifetime ….

Do we go sub-Saharan … i think that the minimum will be zero …. In this very initial naive analysis, it can be safely concluded that the a developed nation blue-collared worker is worth nearly 250 times compared to his developing counter part …. We can delve further into details , but it will be a waste.

The next section of the analysis deals with the difference in the hourly wages of mankind in general. Some individuals are worth more than the GDP of under-developed nations, is there an answer to this skew. Some people are sleeping when their wealth is growing , others actually barely get to eat while working day and night…. its interesting to say the least.

Let me put it in perspective, Google wit very little physical assets (until recently when it started acquiring newspaper media advertising space, and even a captive power plant for its server farms)  is values as a multi-billion dollar company. facebook.com , the revolutionary social networking site is also valued at coupla billion $ and seen as a potential threat to internet giants like google.

What is the future we shall never know, but one thing is certain … this boom is here to stay.