[fellellor]

You are not "taking care of the world".

These people are not going there to be taken care of. They are there to exploit economic opportunities, for which they also make their own substantial contribution.

Now that increased competition may create scarcity for natives, so you want to skew the market to favor yourself.

Now I'm not saying that is wrong, but the absence of laws favoring native citizens shouldn't be framed as some great philanthropic sacrifice either.