People who only want to hire their own people don't make for good candidates. The problem isn't that some people (Indians in this meme) are racist. The problem is that the people who care about merit are shitty at caring about merit.

In general, it's a scaling problem. As your company expands in 4 dimensions, it loses the ability to coordinate its farthest extremities. Henry Ford does not have the same influence over Ford at this point in time that he has at it's founding.

The solution is either to get better at maintining company structure and quality into the future, (by identifying retarded racists before they end up on the hiring board) or by just creating a new company the moment the existing companies get shitty enough that they can no longer compete.

This works a lot better if customers have the liberty to choose the best product and if it's easy for them to switch their choice. It works better if people have the liberty to start their own companies working by different rules and if the barrier to entry isn't artificially raised. And it works better if the state doesn't have enough power for a corporation to use them to any effect against potential competitors.