The Plunder of SML and Growth in LDCs

Western economic theories, which have always profoundly promoted the virtues of the global mobility of capital, have always been inclined to prevent the mobility of laborers from less developed countries (LDCs) to developed countries (DCs). However, there is an exception regarding the most talented and skilled minds developed in LDCs. DCs consciously and generously find ways to facilitate the migration of highly skilled minds into their countries. In a way, they do everything they can to realize these transfers for their benefit, as if LDCs do not require such brains for their countries’ further development. In fact, LDCS need them more than DCs for SML are the “sine qua non” conditions of economic growth and development. SML are not only scarce in LDCs, but also it is costly to bring them up. CML are even scarcer. Nevertheless, DCs do not hesitate to bring them into their countries for their people’s well-being, without even trying to compensate for their costs of education and training. In fact, DCs’ exploitation of the SML in LDCs occurs at no cost. Is this fair, justifiable, and/or ethical?