Why would corporations wish to exclude the brightest minds so they can increase profits?
Why would corporations wish to exclude the brightest minds so they can increase profits?
Ensuring opportunities for working class and marginalised people is an issue that can only be addressed by community or government
I find that unconvincing. Aren't progressives constantly talking about how corporations are exploiting workers by paying them less than than their productivity? In other words, each employee makes money for them on net. All things being equal, it's in corporate america's interest to have as big of a workforce as possible, because more employees = more productivity extracted. Even in a situation where corporations aren't labor limited, they'd still benefit from increased competition on the labor supply side driving down prices for them.
Were they to do so deliberately, it world be to get a larger piece of a smaller pie.
More likely something like that would be an emergent phenomenon where no one was doing it deliberately.