{"id":9726,"date":"2022-10-17T09:29:21","date_gmt":"2022-10-17T13:29:21","guid":{"rendered":"https:\/\/americancompass.beckandstone.com\/?p=9726"},"modified":"2022-11-08T09:33:35","modified_gmt":"2022-11-08T14:33:35","slug":"skills-gaps-will-force-companies-to-do-right-by-their-compatriots","status":"publish","type":"post","link":"https:\/\/americancompass.org\/skills-gaps-will-force-companies-to-do-right-by-their-compatriots\/","title":{"rendered":"Skills Gaps Will Force Companies to Do Right by Their Compatriots"},"content":{"rendered":"\n<p>Business leaders who complain constantly of \u201ctalent shortages\u201d or \u201cskills gaps\u201d may, in fact, have only themselves to blame. The perceived weaknesses among their staff may be the result of overambitious or flawed plans. Anyone can see the folly in trying to hire thousands of experienced biochemists at minimum wage to develop cutting-edge drugs. The problem is not a biochemist shortage; the problem is the bad idea. Equally foolish is the software executive who expects an unlimited supply of eager coders, or the plant manager who believes well-trained technicians will line up at his door.<\/p>\n\n\n\n<p>Why do employers believe they should have access to whatever labour they need at whatever wages they choose? Perhaps the culprit is globalisation? Capitalism generated widespread prosperity for centuries by rewarding the most productive uses of available labour. \u201cEvery individual naturally inclines to employ his capital in the manner in which it is likely to afford the greatest support to domestic industry, and to give revenue and employment to the greatest number of people of his own country,\u201d posited Adam Smith in The Wealth of Nations. The invisible hand aligned private profit with the public interest not by magic, but because pursuing the former was best achieved through investments that also advanced the latter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Employers who profited from cheap foreign labour cannot now gripe at having to train local workers, writes American Compass executive director Oren Cass.<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_tec_requires_first_save":true,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"_EventAllDay":false,"_EventTimezone":"","_EventStartDate":"","_EventEndDate":"","_EventStartDateUTC":"","_EventEndDateUTC":"","_EventShowMap":false,"_EventShowMapLink":false,"_EventURL":"","_EventCost":"","_EventCostDescription":"","_EventCurrencySymbol":"","_EventCurrencyCode":"","_EventCurrencyPosition":"","_EventDateTimeSeparator":"","_EventTimeRangeSeparator":"","_EventOrganizerID":[],"_EventVenueID":[],"_OrganizerEmail":"","_OrganizerPhone":"","_OrganizerWebsite":"","_VenueAddress":"","_VenueCity":"","_VenueCountry":"","_VenueProvince":"","_VenueState":"","_VenueZip":"","_VenuePhone":"","_VenueURL":"","_VenueStateProvince":"","_VenueLat":"","_VenueLng":"","_VenueShowMap":false,"_VenueShowMapLink":false,"_tribe_blocks_recurrence_rules":"","_tribe_blocks_recurrence_description":"","_tribe_blocks_recurrence_exclusions":"","footnotes":""},"categories":[7],"tags":[28],"acf":[],"yoast_head":"<!-- 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having to train local workers, writes American Compass&#039;s Oren Cass.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/americancompass.org\/skills-gaps-will-force-companies-to-do-right-by-their-compatriots\/\" \/>\n<meta property=\"og:site_name\" content=\"American Compass\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AmerCompass\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-17T13:29:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-08T14:33:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/americancompass.org\/wp-content\/uploads\/2022\/12\/AC-Alt-3ColorRev-RGB.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1991\" \/>\n\t<meta property=\"og:image:height\" content=\"1009\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Oren Cass\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta 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