Part 7/11:
Consequently, this creates an imbalance that harms American workers and exploits immigrants striving for economic stability. Meanwhile, companies benefit by paying less than market rates for necessary talent—a win for profit margins but a loss for fair labor practices.
The Evolutionary Shift in Business Models
Historically, businesses operated with a straightforward supply chain. However, the industrial revolution brought forth a system where manufacturers sold to wholesalers, who in turn sold to retailers. The advent of direct-to-consumer models promised to cut out intermediaries, yet many startups have struggled to sustain themselves against traditional retail giants.