Re:How Globalization Has Broken the Chain of Responsibility
by baud147258 on Friday August 10, 2018 @03:51AM
(#17731443)
According to you, immigration would help raise wages globally, but since it introduces lower-paid worker in a national/local labor market, it would reduce wages at this level. And I don't think we're working in a global market for labor, the supply is too unelastic to be a market.
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Re:How Globalization Has Broken the Chain of Responsibility
by perl4ever on Friday August 10, 2018 @11:03PM
(#17738042)
"According to you, immigration would help raise wages globally, but since it introduces lower-paid worker in a national/local labor market"
The labor market is not national or local for a multinational company. Hence, as I wrote, if people are being underpaid in some countries, it is in a multinational's interest to keep them in those countries to exploit, and not let them immigrate to where they could make more money.