Quote Originally Posted by Ash View Post
The same can be said for any economy dependent on low labour costs. One of the reasons this country has flat-lined on productivity is that there is no incentive to develop more efficient capital when there is an inexhaustible supply of cheap, imported labour.
Hmmm. That argument is effectively countered by the Industrial Revolution, though, a.

We were unprecedentedly inventive whilst also paying the workers fúck all.