There’s a profit angle in terms of keeping wages down, but there’s also a competitive angle. Having a bigger talent pool to draw on means you get better talent, particularly when you’re in the top spot in terms of pay, quality of life, professional achievement, etc.
^ This. It’s just a matter of will. Mammon demands that they drive labor costs toward zero, though, even if that means throwing their own citizens overboard, and fucking over a lot of foreign workers.
It definitely could. Now whether that’s the best thing for profits is a different question.
There’s a profit angle in terms of keeping wages down, but there’s also a competitive angle. Having a bigger talent pool to draw on means you get better talent, particularly when you’re in the top spot in terms of pay, quality of life, professional achievement, etc.
^ This. It’s just a matter of will. Mammon demands that they drive labor costs toward zero, though, even if that means throwing their own citizens overboard, and fucking over a lot of foreign workers.