re: If both political parties are on the side of Labor, what does this mean for capitalism?

You are making a lot of false premises in your post. The main one being that we currently have a true free market capitalist economy in the first place, and that working class american workers have simply been displaced due to the economy being more advanced past their skills. That’s simply not true, if it were then we wouldn’t have such a demand for foreign labor to do working class jobs. Those guys arent any more skilled or educated than working class whites, blacks or Hispanic Americans.

Govt policy has created this situation. Too many entitlement programs are keeping working class Americans where they prefer to stay on welfare rather than work a manual labor job for a similar level of income. So to get those workers to fill those positions you either pay them well above market value or you use cheaper foreign labor on visas. Or you invest in automation.

Add to that a burdensome regulatory environment for many industries, and American companies cannot produce at a low enough cost to compete with foreign economies. So then you need tariffs in order to level the playing field.

I agree with your viewpoint ideologically but for it be viable you have to have a true free market economy to begin with.

Now the better solution instead of more protectionism and more immigration would be to revert back to a more free market economy by deregulation of industries, and major entitlement reform forcing many Americans to re enter the labor force. Once you reach full employment then look at immigration needs to fill what’s left. The problem is cutting entitlements and major regulatory reform can be political suicide so good luck getting Congress to vote for it, even though with our national debt situation it’s exactly what we need to do.

So the only option left is tariffs and pro labor policies to try and boost the American economy and keep Americans employed. The tough decisions that need to be made to keep the house of cards from falling won’t be made until it all crashes down eventually. We will keep patching and kicking the can down the road until it does all crash down.

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If you're running a tech company and can pay (A) an H1B guy $20k or (B) goldennugget $80K, would you not want option A?

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Is the fact that option (A) exists not itself a result of state interference?

We don't have to guess what happens when capitalists have full control. 7 day work weeks. No O.T. No benefits. No Social Security.

That's what he wants. And nothing short if that is "freedom" for him. Freedom for him is servitude for you.
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In a world where capitalists have total control, humanity becomes a cog in the relentless machine of profit. The air is heavy with the acrid scent of industry, the sky permanently stained gray by unchecked factories. Workers shuffle into massive complexes, their eyes hollow, their bodies breaking under the weight of endless shifts. There are no weekends, no holidays—just the constant hum of machinery and the sharp bark of overseers demanding more.

In sweatshops across the globe, children as young as six hunch over sewing machines, their tiny fingers bloodied from stitching garments destined for department store shelves. Their laughter is a distant memory, replaced by cries that go unheard. In the cobalt mines of Congo, teenagers claw at the earth with their bare hands, inhaling toxic dust to extract the precious minerals that fuel smartphones. When one collapses from exhaustion or injury, they are dragged aside, their place immediately filled by another desperate soul.

Corporate-run towns strip workers of autonomy. Rent is deducted from meager wages, leaving them trapped in perpetual debt. Surveillance is omnipresent—cameras monitor every movement, every breath, ensuring no one dares to rest or rebel. Those who speak out vanish quietly, replaced by others too afraid to question.

Abandoned factory dormitories are ringed with suicide nets, stark reminders of the hopelessness that consumes those within. In one city, a young woman leaps from the 12th floor. She is caught, not by compassion, but by nylon mesh designed to save her productivity for another day.

Meanwhile, the planet groans under the strain of unbridled greed. Rivers run black with industrial waste, their fish floating belly-up in a toxic soup. Forests are stripped bare, their once-vibrant ecosystems replaced by barren wastelands. Entire species vanish, sacrificed on the altar of progress.

Yet, in gleaming skyscrapers far removed from this misery, CEOs toast record profits. Their suits are tailored from the sweat of garment workers; their smartphones are polished with the lives of miners. They dine on delicacies flown across the globe, oblivious to the dying communities that supplied their feast. For them, the world is nothing but a resource, and humanity nothing but a means to an end.

This is the world of unchecked capitalism: a dystopia where the rich grow fat on the bones of the poor, and the soul of humanity is sold for a profit.

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The OP demands sweatshops ... either for foreign slave labor or for your children.

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When you start a premise that is wrong, the whole theory is bunk. Since your premise is very wrong, I stopped reading.

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Your imagination leads to your loss.

7 day work weeks.
Child labor.

Did you enjoy your weekend?

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How so? By stating the threshold for H-1B should be raised?

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No like real, direct collective bargaining between employer and employee

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I see how you can spin that to protecting wages but I think that's a fairly narrow view of it.

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There seems to be 2 complaints about it: (1) wage suppression and (2) racism (which I am doing my best to avoid this digressing into).

What are the other views?

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BTW, one topic not discussed is the cost to employee Americans beyond just wages. The taxes and insurance regulations alone are burdensome. Correcting that alone could impact H-1B. I know you own a business like I do so you understand that.

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There isn't just one variable (wages).

We also need to gut our welfare state. Remove minimum wage laws. Remove all sorts of inefficient "consumer protection" (like the non-compete stuff referenced in OP).

Lots of industry-specific regulations, especially on unfavored industries like petro and nuclear energy, need to be gutted as well.

There is a multi-dimensional aspect to this, but the discussion lately has been on (1) federal spending and (2) leftist economics, both of which diehard MAGA types have been promoting.

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So what happens to capitalism (aka freedom)?

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Stop it. We don't have Capitalism. 2008 should have taught you that. We have a Privatize the Profits, Socialize the losses System or Corporatocracy. H-1B Visas are another example. Importing Non Citizens to keep wages down so Corporations can make more money at the expense of American Citizens. Another way we "Privatize the Profits and Socialize the losses" Capitalism is suppose to be free market. We don't have that in America, it's a Manipulated Market

Don't stop there. Remove overtime. Remove child labor laws. Remove regulations on the vaccine rober barons

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If you're running a tech company and can pay (A) an H1B guy $20k or (B) goldennugget $80K, would you not want option A?

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Rog claims that in this situation goldnug just needs to improve himself to compete.

Of course he does not say how someone is supposed to improve themselves to compete with imported labor that will work for a fraction of his income.

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As I said yesterday, and you refused to respond to; You want billions of people worldwide competing for American jobs, which has the natural and obvious result in lower wages and a reduced quality of life.

You are a globalist.

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I'm not sure how to take this. We 100% agree.