Immigration, wages, employment – a note from Britain

Posted: September 7, 2017 by Admin in At the coalface, British politics, Capitalist ideology, Class Matters, Economics, Open Borders/Immigration Controls, World economy

From 2010 to 2015 Liberal Party MP Sir John Vincent Cable was the Secretary of State for Business, Innovation and Skills in Britain.  The following is part of a retweet of Cable yesterday by author J.K. Rowling of Harry Potter fame.  Cable said:

In other words, even in terms of the operations of capitalism, scares about immigration depressing wages and limiting employment don’t hold up.

 

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