Quote: (07-02-2016 11:28 AM)The Beast1 Wrote:
I see it more as an attempt to keep labor costs low by having a large pool of workers.
Since western countries are declining in population, it would make sense that we would see a rise in the cost of labor to make up that short fall.
The wealthy don't want that for a few reasons. Increased labor costs can encourage competition. More money for the masses means more potential usurpers from nascent start ups.
The irony of this situation is, the labor costs that the rich are looking to reduce are for extremely high skilled workers. The children of immigrants tend to be as dumb as their parents. It takes several generations for this to trickle through the system.
You also get the doubly excellent effect of keeping property values sky high due to a large population. Can't quite demand some of these lofty valuations if there isn't anyone to want it.
High skill labor gets debased primarily through the H1-B program. Even if billions of people have an average IQ of 85 put together, there's still going to end up being millions of high IQ people that can be skimmed off the top and brought into the US.
Not only does this depress wages for high skilled labor to the point where a STEM graduate degree only produces a lifestyle equivalent to an American factory worker from the 1950s, but the brain drain in the third world ensures that those countries have no hope of pulling themselves up, and are dependent on globalist investment/aid and thus globalist control.