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If you allow free movement of people between countries that have vastly different standards of pay and welfare then the people of the poorer countries will migrate to the richer countries and depress the salaries in that country until such time as there is parity across Europe.
This will be suffered hardest by the low-skilled, low-paid of the richer countries - our working class.
The ultimate effect is a rise in inequality as a result of EU migration which is unable to do anything to fix it because it's a technocracy and is resolutely committed to the 4 freedoms, one of which is hugely detremental.
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Social and economic inequality has been measurably greater in the UK before we joined the EU, and in-spite of having joined the EU (when the inequality in every other country in the EU decreased and social mobility increased - in the UK the opposite happened).
What inequality exist in the UK is 100% attributable to the UK, not the EU.
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Global migration of the work forces can indeed depress pay...but only if the local government allows it. This government here isn't so keen on taking corrective measures.
It would be interesting to see if for example Australia has the same issue. It has a points system along with a skill shortage system.
You also did not remark on immigration from outside the EU...about half of the UK immigration.
I'm not sure what the solution is. The closing the door horse has well and truly bolted everywhere.
The people from for example Poland who work in the UK when the pound was high did so because their wages were much too low in Poland. Perhaps we rather need an universal wage everywhere in Europe than restricting migration.
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This is an inherently nationalist proposition, as it prioritises 'our working classes' over anyone who would come here to work. Why should I have any more affinity with an 'English' person than a 'Polish' person or an 'Romanian' person? What is the moral argument to prevent people coming here outside of nationalism?
The real issue is effective enforcement of workers rights and the minimum / living wage.
"tyrannical status quo of inequality and EU technocracy"
How exactly does the EU maintain inequality, in the UK, over what the current UK government does?