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by baggy_trough 2061 days ago
Let's be careful when we say "society" does such a thing. It's not all members of society. It's more accurate to say that interest groups that would benefit from restricting economic freedom, such as unions, advocate for these changes, even if the changes are worse for society overall.
1 comments

Subjugation via wages below a base level of quality of life is not freedom. This is dressing up economic serfdom as such. Let’s be careful of people who would argue for such “freedom”.

It has been demonstrated that unions strengthen earning power of labor, and that corporations have a long track record of abusing the H1B visa program.

We have to recognize there are some winners and losers from these changes, and that all decisions like this have trade-offs.

In this case, there will be fewer startups, maybe this is good for society as a whole though?

“How can society and public policy encourage more startups founded by those who would’ve previously been underpaid employees?” is a great question.