You said it will reduce the wages.

@Bogatyr Bogumir competition is why monopolies stop

Wages reduce if labour supply increases

Yes, that's what I mean.

Aka wage growth reduces

That’s why you don’t have mass migration

But immigration is good and needed

With competition you don’t have monopolies

Theoritically, yes.

Practically, not always.

That’s practical

Yes everyone knows the iron law of wages sid

Wages are suppressed by a increase in labour supply

Immigration brings many problems, sometimes.

yes

And in some nations.

Of course

That’s why you need to be sensible

Exactly.

I’m 100% pro immigration

Especially skilled

Capitalists get upset at low birthrates and seek immigration on purpose

Look at you

Classic wage reducing crony

Skilled should be number one priority

But

If monopolies cant exist cuz farmer joe with hiz 1 acre is competing with say a company that owns 99% of the countries farms, that 1% being farmer joe, and they are still not a monopoly then the definition of monopoly is simply propagandic

Mass migration is bad

Extremely bad.

@Bogatyr Bogumir

what is to stop mass migration if we have a free market?

https://mises.org/library/myth-natural-monopoly @Bogatyr Bogumir

I’m not advocating for a completely free market

But considerably close

But with good immigration laws

Cost advantages literally make natural monopolies

Competition doesn't exist

Yes it does

Atleast in free/more freer market societies

Cost advantages do not make natural monopolies

That’s a myth