More About the Immigrant Cash Flow

Some People Object

Last time, I described the phenomenon of immigrants who travel abroad to make money and send it home to their impoverished families. I described the obvious basic premise of those people and why it is viewed as a positive thing. Now I am going to play the "Devil's advocate" and represent the people who are opposed to this trend. Finally, I will voice my own opinion on the subject.

Reasonable Objections

The first objection stems from the concept that money that leaves a country has impact on the overall economy. Money that leaves is viewed as money lost. The second objection is that a major portion of the money is produced by illegal immigrants and that this trend only serves to further increase the problems inherent in illegal immigration. Finally, there is a claim that this immigration trend serves to harm impoverished countries by causing them to loose a vital resource of humans who would otherwise serve to improve their home countries from within.

My Opinion

For what it is worth, my opinion is somewhat complex. I shall try to summarise it as concisely as possible. First of all, it seems clear to me that many of the objections stem from the fact that all this cash being moved about is not an international business. Comparing the total sums to an international business gives away the real problem that is bothering certain people. International businesses pay taxes and can be audited whereas cash sent abroad is not affected by such issues. My opinion is that although capitalism is not the ideal system, capitalism is certainly how the world works. The general globalisation of all things is showing it's marks in the world economy and this issue is only a minor one when it comes to global capitalism. The obvious eventual result is that either the trend will achieve a peak or the cash flow will sufficiently alter the various economies thus creating better paying jobs that do not require immigration as a solution to monetary problems.