I am going to play Devil's Advocate here and voice some unpopular views. Disclaimer: I benefit from both currency and geography arbitrage.
1. Geography-independent salaries will decimate the Indian software industry as it stands now. In fact, there would be not be such an extensive Indian software industry if not for the salary arbitrage. And instead of the lakhs of people who have benefited from the industry, the benefits will accrue only to the confident, english-speaking few who have connections to get remote jobs.
2. The only people indignant about discrimination by geography are the ones who are already enjoying some of its benefits (like people on RI) but want more. 😉 Ask anybody outside this teensy group (0.0001%?) and they'd be happy with Indian software industry salaries because it affords them above-average lifestyles in India. e.g. Talk to mechanical engineers, Civil engineers, accountants, teachers, etc.
3. US/EU companies don't owe "equal salaries" for all. Expecting that reflects some sense of entitlement, IMO. Would you have the same expectations from an Indian company?
4. The income disparity in India is already stark between software and everyone else. This already causes friction.
5. We're just lucky to be at the right side of technology trends. Nothing more, nothing less. We don't have any extraordinary skills that entitles us to 3-4 times the salary that a top notch mechanical engineer or teacher deserves. Would you also agree to a much higher tax rate so the less fortunate can benefit from a better social net? US/EU countries gladly accept higher taxes as a part of building society. e.g. Finland has proportional fines: you get fined proportional to the money you make so that it hurts everyone equally. So if a traffic violation is 2 day fines, for a teacher that might be 200 euros, but an exec might pay 20000 euros for the same violation since 200 would not hurt them much.
My point, after all this rambling is that there is a flip side to this social experiment of equal pay, universal basic income, etc. and we don't yet know where it'll lead us. 🕊️