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Certhasyesterday at 12:29 PM2 repliesview on HN

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.


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hahajkyesterday at 12:42 PM

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.

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tossandthrowyesterday at 12:41 PM

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.

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