[Daily Caller] Billionaire businessman Marc Cuban insists that the H-1B visa racket is a feature of the vaunted American free market. This is nonsense on stilts. It can’t go unchallenged.
Another billionaire, our president, has ordered that the H-1B program be reformed. This, too, is disappointing. You’ll see why.
First, let’s correct Mr. Cuban: America has not a free economy, but a mixed-economy. State and markets are intertwined. Trade, including trade in labor, is not free; it’s regulated to the hilt. If anything, the labyrinth of work visas is an example of a fascistic government-business cartel in operation.
The H-1B permit, in particular, is part of that state-sponsored visa system. The primary H-1B hogs--Infosys (and another eight, sister Indian firms), Microsoft, and Intel--import labor with what are grants of government privilege. Duly, the corporations that hog H-1Bs act like incorrigibly corrupt rent seekers. Not only do they get to replace the American worker, but they get to do so at his expense.
|