georgephillip
Diamond Member
- Thread starter
- #1,781
https://www.imf.org/external/pubs/ft/wp/2004/wp0459.pdf (p.16)How do you justify denying labor the same right to migration as capital currently possesses?The fact is that there are plenty of unskilled workers in America who are losing out on jobs to illegals because employers can skirt the laws by employing them. People gave good examples of this in this thread . . . those who mentioned hiring illegals to do their landscaping or housecleaning because it is "cheaper." Ta da!!! There's the proof in front of your eyes.
I agree there are many urban jobs lost to domestic labor because immigrants work cheaper and harder. Farm labor is an entirely separate beast, imho.
Neither capital or labor has any "right" to cross borders.
Such a "right" would violate the Right of Self Determination.
D. Growth of Financial Flows Foreign direct investment (FDI) flows between Mexico and its partners strengthened after NAFTA. The agreement contained various provisions that improved the relative standing of investors from the partner countries in Mexico and expanded the sectors in which they could operate.
"These changes helped boost FDI flows to Mexico from US$12 billion over 1991–93 to roughly US$54 billion in the 2000–02 period and increased share of FDI flows in domestic gross fixed capital formation (investment) from 6 percent in 1993 to 11 percent in 2002, mainly on account of inflows from Mexico’s NAFTA partners (Figures 6a and 6b)."