ok, pollyanna. they wouldn't doooooo that. corporations are pure.
https://truedollarjournal.blogspot.com/2018/08/the-labor-shortage-myth-is-propaganda.html
Exposing the Labor Shortage Fallacy
Under free markets capitalism, there never is a labor shortage. There is only an unwillingness to shift resources to their most demanded uses because of political interference.
In an efficient economy under capitalism, would-be producers will compete for all resources (through bidding) so as to put those resources to the best, highest uses.
There are no labor shortages. There are many would-be producers who lack the buying power to bid high enough to secure enough of extant labor. How they desire to produce is inefficient. Since they can not sell at prices high enough to overcome their inefficiency, society, that is, everyone involved in voluntary exchange, have deemed what they offer to produce as undesirable.
Under capitalism, when producers can not get enough labor, they must hit upon a mechanized means (tool capital) to leverage the labor they have to get their labor to be more efficient. That is the whole point of capitalism!
Labor is merely another kind of capital to an enterpriser. Under free markets, free enterprise competitive capitalism, investors are forced to surrender shares of profits until they can secure enough labor as capital for their undertakings. Under true competition, there are very few rich and those who are rich are not much richer than those who are not.
Claiming there is a labor shortage is a fallacy, an error of thought owing to not understanding reality.
Capitalism Death Whorl
Increasing labor reduces capitalism and leads to the Capitalism Death Whorl. Those who argue for more immies argue against their own livelihoods.
Wages come from the return to capital.
Wages set all other prices.
Increasing the working-age population faster than the return to capital rate makes true wages fall (not current dollar wages).
When real wages fall, true prices fall (not current dollar prices).
When real prices fall, the true returns to capital fall.
When the true returns to capital fall, future capital investment falls.
When future capital investment falls, future returns will be lower and thus future wages will be lower.
In order to maintain profits by maintaining productivity, firms must increase the working-age population.
And with that, we return to Step 3.
Most Economists (PhD Academicians) and Politicians Simply Do Not Understand How Capitalism Works
Without capitalism, there can be no wages (e.g., much of Africa). Where there is high cap spend per capita, there are high wages (e.g., Norway). Where there is low per cap capital spend, there are low wages (e.g., China, India).
For more of my works on this important subject, check out:
UNFETTERED IMMIGRATION IS KILLING AMERICAN CAPITALISM
CURTAILING IMMIGRATION MAKES CAPITALISM WORK. ECONOMIC ILLITERATES VERSUS PRESIDENT TRUMP'S IMMIGRATION REFORM PLAN. - TRUE DOLLAR JOURNAL
ILLEGAL IMMIGRATION. WHY IT'S BAD FOR YOU AND A BOON FOR ANTI-CAPITALISTS.
CONFUSED BILL CLINTON SAYS AMERICANS NEED IMMIGRANTS. NORWEGIANS VS AMERICANS.
NAFTA? CANADIANS SHOULD PAY A 15.5% TARIFF FOR EXPORTS INTO THE USA. THE WORLD SHOULD PAY MUCH MORE.
