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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
by baud147258 8y ago
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.
- perl4ever 8y ago"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.