The flaw with this argument is the assumption that the value add of a given skillset is approximately equivalent in different environments.
We see this for example on a larger scale in OLED tech, where a key OLED engineer in South Korea might be worth $250k to the Korean Economy but worth $2.5M to the Chinese economy, which is why poaching was halted by classifying the job as a national security interest.
The profit/employee ratio at Apple is over a million dollars, so a valuable tech employee there should be making seven figures. That kills MBA’s brains (and the traditional power structure), which is why the cartel worked behind the scenes on wage suppression.
We see this for example on a larger scale in OLED tech, where a key OLED engineer in South Korea might be worth $250k to the Korean Economy but worth $2.5M to the Chinese economy, which is why poaching was halted by classifying the job as a national security interest.
The profit/employee ratio at Apple is over a million dollars, so a valuable tech employee there should be making seven figures. That kills MBA’s brains (and the traditional power structure), which is why the cartel worked behind the scenes on wage suppression.