7 ms·
> The obvious solution to that is to import labour intensive goods. This is known as colonialism. It comes with a set of extremely ugly incentives. For examp
by enriquto 6y ago
> The obvious solution to that is to import labour intensive goods.
This is known as colonialism. It comes with a set of extremely ugly incentives. For example, keeping the population of the source country as poor as possible, at all costs, so that they accept to work for you for even less money.