What would happen to the world economy if the Chinese and most of developing Asia started demanding first-world, western lifestyles with minimum wages, forced 40 hour weeks and higher costs of living?
What do you honestly think would happen?
The question is: will they also demand much higher depression and mental illness rates, a vastly increased cancer rate, TV saturation and the much lower aptitude students that go with it, and a prison-industrial complex to keep a few percent or so locked up away from their families? It looks like they are already demanding western style desertification and other ecological destruction, we'll see what happens.