Let's do it the other way...
Banish all unions and orgs who would demand decent wages - these people need to get with it, they are ignorant, blue collar peons and not deserving.
Our companies will pay less for their workers - our products will be less expensive.
We will export our inexpensive products to THAT RICH COUNTRY.
Oops, we are THAT RICH COUNTRY, where there's no market for our cheap products since we've decided our workers really don't need much!
Never fear, working children in Bangladesh are making great strides in buying power.