Friday 5 August 2016

How Free Are Free Markets?

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How do you feel about it?

“Wages in rich countries are determined more by immigration control than anything else, including any minimum wage legislation. How is the immigration maximum determined? Not by the ‘free’ labour market, which, if left alone, will end up replacing 80–90 per cent of native workers with cheaper, and often more productive, immigrants. Immigration is largely settled by politics.”

Chang, Ha-Joon. 2011. 23 Things they Don’t Tell you about Capitalism, Thing 1: There is no such thing as a free market. 

True free market capitalism, as imagined by Rothbard here or other libertarian ideologues, would result in the demographic replacement of a large percentage of the population of a First World nation, reducing the original citizens to a minority.

Even though, mercifully, we do not have Rothbardian anarcho-capitalism or some extreme small-state libertarianism with no national borders, the neoliberal governments of the Western world are gradually doing the same thing, but in a slow and steady manner, by their pro-big business, mass immigration policies (since big capital, without any doubt, loves mass immigration), their deeply-flawed multiculturalism, and obsession with refugees (many of whom turn out to be economic migrants or, if genuine, refugees who could be better helped with humanitarian aid from the West to settle in safe countries where they are culturally compatible).

Continued mass immigration to the First World, in the face of the declining birth rates for the original citizens falling below 2.1 (the replacement level), means demographic and cultural suicide in the long run.

It’s that simple, once you understand it. 

The source.

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