>>>I think rather in demand and supply terms, that the fundamental assumption of demand and supply theory is that it is a closed system, meaning that the pool of consumers is (more or less) the pool of workers.
Which is why corporations, looking to maximize shareholder value, promote mass immigration. A larger population means higher demand for their goods or services as well as higher supply of labor, which reduces costs.
> Which is why corporations, looking to maximize shareholder
> value, promote mass immigration. A larger population means
> higher demand for their goods or services as well as higher
> supply of labor, which reduces costs.
I agree in part. IMHO the reality differs from the classical economic model in that the lower wages paid to (imported) immigrants (artificially) keeps demand relatively constant. However, yes, the (artificial) cost reduction becomes (artificial) profit for the corporation/company.
I am using the word artificial here in an attempt to highlight the differences between classical economic theory of supply and demand and modern first world nation economies with relatively lax immigration policies from third world countries.
As another example, the EU practices the principles of free movement of goods and workers between its member nations. However, in practice, the EU is perverting the movement of workers between member nations to include importation of immigrant workers from non-member nations. So the EU corporations/companies have artificially inflated profits analogous to those in the USA.
Disclaimer, I am not an economist and I do not play one on TV. This is only my layman understanding of one way in which modern economic theory plays out in contrast to classical economic theory.