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Re:Make elites compete: Why the 1% earn so much and what to ... by tormeh on Saturday March 26, 2016 @06:46AM (#11365193)
You're assuming there's a shortage of labor. Avoiding the situation you describe is why owners of capital are almost always pro-immigration.
Re:Make elites compete: Why the 1% earn so much and what to ... by WalterBright on Saturday March 26, 2016 @07:21AM (#11365257)
There is always a shortage of labor that produces 10x in value. Investors will be lining up to create and fund companies to hire those people.