3 ms·
> The reality is that this program exists so that companies like Google and Microsoft don't have to face the natural law of supply and demand in the job industr
by NhanH 11y ago
> The reality is that this program exists so that companies like Google and Microsoft don't have to face the natural law of supply and demand in the job industry.
The "natural law of supply and demand", specifically, the supply side doesn't magically stop at the border of a country. If anything, protectionism is against the free market ideal. Labor is just another resources like any other, and the extreme version of free market would include free immigration.
Yes, a libertarian free market only society might not be in anyone benefits, and any regulation to limit them might have some merit. But we should really call a spade a spade.
- coliveira 11y agoThat's BS, because this is not a free trade world. The US invests billions of dollars in technology that directly benefits American companies, not French companies, for example. American companies and entire industries (such as agriculture) receive tax breaks that are not available in other parts of the world. Then why only workers have to carry the burden of increased job competition from free trade? Free trade laws don't appear out of thin ether either, it is companies that lobby politicians to create such laws -- while at the same time claiming to the public that they are inevitable. This is a distorted ideology that needs to be opposed, not just observed as if it were good or inevitable.
- brazzledazzle 11y ago>The "natural law of supply and demand", specifically, the supply side doesn't magically stop at the border of a country. If anything, protectionism is against the free market ideal. Labor is just another resources like any other, and the extreme version of free market would include free immigration. It seems like you're implying that supply and demand cannot exist without the libertarian free market. Supply and demand can exist in any system even ones constrained by managed economics or artificial restrictions.