Opinions expressed are those of the author.

Immigration, Capitalism, and Government
Armstrong Williams
Tuesday, June 08, 2010

The problem with immigration is most definitely not capitalism. Capitalism depends upon the agreement of two or more parties upon a mutually agreeable exchange—whether it be of one’s labor for a wage or of one’s money for a product or service. Businesses seek to lower costs so that they can provide a product or service at the price at which supply and demand reach an equilibrium, which is the point—theoretically—at which their profits are maximized.

The problem with immigration is not that businesses follow this basic principle in seeking cheap immigrant labor, but is instead that the government has inadvertently, because politicians seem immune to understanding the “law of unintended consequences,â€