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> Developed countries can cut themselves off from that labour supply if they like, but I have no idea what the economic incentive (or benefit) of doing so is fo
by killtimeatwork 6y ago
> Developed countries can cut themselves off from that labour supply if they like, but I have no idea what the economic incentive (or benefit) of doing so is for either the workers or the citizens.
It would end supply of people who are willing to work for unlivable wages, thus making wages for low-end work to go up. The lowest rungs of society would benefit greatly from it, while everyone pay would pay for it (via increased prices).