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anonym29 | 6 days ago

Right. Demand is fairly rigid from companies who need the labor. But they, as for-profit entities, want to maximize shareholder value, so instead of paying market rate for labor when the market rate is high, companies attempt to decrease the market rate by increasing labor supply through a variety of means - lobbying for modern indentured servitude (H1b's), shipping jobs overseas, etc.

This stands in direct contrast to the stated arguments they use to justify such moves, like "there isn't sufficient talent inside the US". There is sufficient talent inside the US, it just comes with a price tag they don't like.

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skeledrew|5 days ago

> modern indentured servitude

Can confirm those targeted by H1B visas, etc don't think like that at all. I was in the US for a while on a F1 visa, which allowed me to work for a couple years, and I was super grateful for the opportunity. Had a couple positions with wages I heard some ranting was "too low", while I found it very livable and was even able to save a significant amount. I can imagine it being very similar for others who've come from places where earnings really are a pittance for many.

anonym29|5 days ago

That description is more about the power dynamics at play. H1b workers are often expected to work longer hours, and to do so with lower pay than American citizens, and not even think of complaining about it. In the US visa system, if an H1b worker loses their job, they have 90 days to get a new job (next to impossible when visa sponsorship is required) or else they lose legal residency rights and must either self-deport or be in violation of immigration law (which is a great way to screw yourself over on future opportunities). The resulting dynamic is one where both the h1b employer and the h1b employee know that the employer can basically ruin the employee's life whenever they want, for any cause (including no cause), at the drop of a hat. This shapes the working relationship in negative, coercive ways. That coercive aspect is the basis for describing it as "modern indentured servitude".