Earlier quoted context omitted.
> Immigration destroys labor Free migration empowers labor in the same way that free movement of capital empowers capital; real immigration systems in capitalist regimes tend not to favor free and reciprocal movement but instead are regulated to favor domestic capital, but it's a foolish leftist that is opposed to free migration rather than migration regulated to favor capital. OTOH, H-1B is one of the most blatantly…
That's an illusion small business owners keep putting forth. It is a well established fact in economics that free movement of capital will concentrate the capital in fewer hands. So in reality, free movement of capital is bad for 99.99% good for 0.01%. However, I get it, it is a very popular illusion among business owners that this is not in fact true. That they could do better if they could just put their business i…
No, it's a fact, which is why...
> It is a well established fact in economics that free movement of capital will concentrate the capital in fewer hands.
Yes, the nature of capital is such that policies which empower capital also accelerate it's concentration, whereas policies which empower labor decelerate (or even reverse) the concentration of capital.