No, they wouldn’t. Americans survived on wages lower than that in the past. They would simply have to adjust their lifestyle to look more like the one of Bangladeshi —- unless you assume that Americans are somehow extremely inept compared to Bangladeshi.
The only way to survive on $600/year is to live somewhere that’s a viable income. There’s nowhere in the US where you can do that, unless you count unofficial homeless encampments, and I’d wager anyone living there who only brought in $600/year in government benefits and other sources would quickly die.
> No, they wouldn’t.... [Americans] would simply have to adjust their lifestyle to look more like the one of Bangladeshi
I appreciate your honesty, but listen to what you're saying. No one "simply" accepts massive regressions in living standards across large swaths of the economy, and that's exactly what you'd need for Bangladeshi wages to be livable in the US. That kind of thing leads to revolutions, and rightly so.
Or do we look at the growing inequality in this country and realize we can definitely afford to add a couple bucks to a poor guys hourly rate so he doesn't have to give 60% of his income to the parasite landlord every month.