Comment by Certhas
3 days ago
As far as I am aware this is a racist/xenophobic narrative with little to no evidence. Automatisation is responsible for job losses, not immigration. If you have studies/evidence saying otherwise please share.
I agree that too many people have shrugged at the human impact of "innovation" destroying communities as long as it didn't impact them. I believe the immigration/foreigners narrative is the successful attempt by capital owners who benefit from the real root causes.
A quick search for "labor supply" turned up this microeconomics lesson: https://youtu.be/002_HEC2l-4?is=Tu6dZfNOyK7DFpWB
Wages, like all prices, are determined by supply and demand.
This is not evidence. Just naive theory, probably LLM generated.
[flagged]
It is neither racist of xenophobic, and you using that as a argument is an extreme strawman.
There is certainly a class that has been disrupted over the last 20-30 years to the point where their lives gone worse.
It would likely have been protected with trade barriers and immigration barriers.
Om the other hand, I don't believe protectionism has ever been the solution. Why should the domestic labor be protected over international labour?
Increasing inequality is, however, one of the greatest threats so society.
Trade barriers are a different thing than immigration though. I believe there is much more evidence that trade displaced traditional jobs than that immigration led to an oversupply of labour.