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Migrants aren't pushing down wages. It's your boss. (sh.itjust.works)

submitted 6 months ago by [email protected] to c/[email protected]

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https://mastodon.social/@peterjriley2024/112436295100404451

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[–] [email protected] 3 points 6 months ago (1 children)

500 years ago, everyone, the west included, was poor, and everyone had basically the same amount of resources.

Then the west became rich. For many reasons, but certainly not resources per capita.

It may well turn out that in a century from now India matches the west in per capita income. Too early to say.

[–] [email protected] -1 points 6 months ago

Unclaimed, fertile and abundant land that was practically being given away to people is a meaningful difference in easily available resources that early settlers of North America had available to them.

It’s not the ONLY difference, but certainly a meaningful one.