English translation: the net surplus value generated as a result of immigration is appropriated by capital
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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:
the net surplus value generated as a result of immigration is appropriated by capital
Spanish to English translations [PRO] Bus/Financial
Spanish term or phrase:excedente migratorio
Este modelo muestra que aunque la inmigración conlleva un aumento
de la producción y empleo general del país, ésta origina una caída de los salarios
de los trabajadores nacionales, and por consiguiente de sus ingresos, que
es recogida junto con el excedente migratorio por los propietarios del capital.
I've been thinking of something like "surplus value of migratory labour" bu according to my Google search, this only seems to fit in a Marxist context. Does anybody know an appropriate English term?
Explanation: THis is a pretty long way around the problem, but I think the only way to clearly express what the writer had in mind..viz. in relation to the status quo ante (before immigration) a surplus is generated by both the additional output due to immigrants and fall in national wage levels.