TLDR: Letting people migrate freely to places where they can be more productive creates more wealth and ofsets any possible negative impact. Some quotes: “The central function of existing immigration laws is to prevent this wealth creation from happening—to trap human talent in low-productivity countries.” “resistance to immigration is primarily cultural and political, not economic or logistical. While West Germans welcomed millions of East German migrants, a much lower dose of Middle Eastern and African migration has made the whole EU shiver. ” “The most cogent objection to immigration, though, is that productivity depends on politics—and politics depend on immigration. Native-born citizens of developed countries have a long track record of voting for the policies that made their industries thrive and their countries rich. Who knows how vast numbers of new immigrants would vote?... At least in the United States, the main political division between the native- and foreign-born is engagement. Even immigrants legally able to vote are markedly less likely than native-born citizens to exercise this right.” https://foreignpolicy.com/2019/11/01/immigration-wall-open-borders-trillion-dollar-idea/
I thought everyone knew that open borders were an economically sound idea. It's pretty basic economics
No. You forgot about taxes and safety net. Everybody wants to go to "developed world" but guess what happens to social security, etc. in this case
Yes. Free markets require free labor. If you want a capitalist society, you can't make it efficient without free labor movement. Re: taxes and safety net- earners in the US pay taxes here. This is already the case. Safety net: I have no idea if immigrants are eligible, but if they pay taxes they should be (maybe limited by how much they've paid in, or social security treaties between countries?). I'm not talking about illegal immigration and under the table jobs. The argument is that legal immigration should be trivialized so countries can have efficient labor markets
Iatrogenics.
Lulz!! Why do we do it with our homes too. Let anyone enter and contribute economically to our home. Unfortunately, that’s not how it works. You will let people enter your home who just wants the freebies available. Remove 100% of government assistance including in roads, infrastructure and let everything be funded by private taxes and require everyone to work, and then your idea can make sense. Unfortunately, Democratic Party is already forcing this down our throats!
For the same reason I can’t do a Putin and occupy my neighbor’s land, countries and homes serve different purposes, but let’s take your argument seriously, in the past before single nuclear family home ownership was a social norm, several families did live together and contributed economically to a single household.
But can you do Obama or Bush though?
What about the leeches? Can they freely move to where they'll get the most benefits while not having to work?
Yes, the idea is that this is a non-issue as given the opportunity the vast majority of humans will be willing to participate on the economy instead of taking advantage of it. Making dealing with abuse, a solvable problem.
LoL you have no idea, has the current abuse been solved yet?
Remove all social programs and you got yourself a deal. (Shirley, you can't be serious)
There is a good chance that, that’s how world will be 200 years from now. However, we talk so much about benefits of diversity but wouldn’t this make everyone so similar?
Why does migration need to serve capitalism in order to be justified? How about we should have the ability to move (without fear of government repression) in order to improve our lives or flee war or violence?
Because people are greedy and want what's best for them. Tying it to capitalism appeases that greedy aspect. (And yes, everyone is greedy/greed is good/whatever)
“you've just said is one of the most insanely idiotic things I have ever heard. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points, and may God have mercy on your soul.”
Cool story, you’ll make 60K TC with open border.
Creation of wealth refers to overall societal benefit, not your personal TC. Yes your TC will fall, but it is better for the country as a whole.
Wouldn’t that mean that our high salaries are artificially high and that in an actually competitive market we won’t do as well?
comical