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BS? Based on what experience of yours?In addition to having lived (for a short time) in Kenya, worked for a company based out of Nairobi for nearly 5 years, and worked with Kenyans that whole time (in other words, I've seen this stuff firsthand in Kenya, which is the whole point of the article, and my comment)...I have also lived in, worked in, and studied in other developing countries, and seen firsthand what happens when high-paying companies swoop in and change the economic landscape.
You know what actually happens? Positive economic change. Isn't the whole point of HN (and YCombinator) to disrupt the status quo, and promote growth? Destabilizing a corrupted, top heavy, status quo where more people now have a chance to grow in life rather than live in abject poverty is a good thing. Nobody cried for the Taxi companies when Uber & Lyft came along, because they destroyed a parasitic, rent-seeking system (Taxi medallions) and the experience for the end-user (both driver and rider) was significantly improved. Same logic applies here.
>The result:
--> He was threatened with harm by bosses of local companies.
Why? He took all their workers.
Yet there's a flipside here that you're completely missing. Those same workers had a significant improvement in their lives, most likely able to accumulate what for them was generational wealth, or enough to give their kids a shot at a real chance in life. Those people had enough to stimulate their local economy much more than anyone beforehand. THAT is what drives positive change in 3rd world or developing countries. Keeping things the way they are economically with no disruption in the 3rd world keeps people poor and unable to grow which leads to bigger problems down the road. Giving them a real chance in life by paying them more gives them and their families a larger ability to make real change in their countries and communities. That should be celebrated.
Put yourself in the worker's shoes - if someone offered to 10x your wages, what would you do with the extra wealth that you now posses?
Having also lived in that part of the world (Mexico, which isn't the quite same as Honduras but analogous enough) , I understand how things sometimes play out in cases like this. The local bosses in your example were probably doing quite well for themselves and keeping a fat cut of the output of their laborers who were paid pennies, and not happy that their game was now being played by a bigger fish than they could fry. So, they acted like a cartel and tried to threaten the new king in town. Did some of the local companies in your example die? Yeah, probably. But nobody is entitled to stay in business....that's sort of the whole point of globalized capitalism - you compete, and you can win or lose, sometimes through your own fault, or sometimes through no fault of your own. Sometimes someone will steal your lunch, and there's not a damn thing you can do about it. That's the reality of it.